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Property profile & analytics
OFF-MARKET Estimated value $4,650,000
Retail space

660 Crandon Blvd Key Biscayne, FL 33149-2000

12,000 SF Built 1951
Trust Owned 6-yr Hold ~ Est. High Equity
Property ID
US18-5471358
Property summary
AI-generated overview

This exceptional Key Biscayne office space, totaling 12,000 square feet, presents a unique single-tenant opportunity. Ideally situated behind the Winn-Dixie supermarket, this property boasts a prime location offering excellent visibility and accessibility. The building is zoned 6100 and features a single suite configuration, identified by APN 24-52-05-063-0250. While the entire 12,000 square foot space is available, the property also offers flexible options for smaller tenants. Individual offices as small as 159 square feet are available, along with second-floor units ranging from 220 to a maximum contiguous space of 947 square feet. This allows for customization to suit various business needs and sizes. The property's strategic location in Key Biscayne ensures high visibility and easy access for clients and employees. This is an exceptional opportunity for a business seeking a prominent and convenient location in a desirable area. The property's single-tenant configuration provides privacy and control, while the flexible space options cater to a wide range of business requirements. Serious inquiries are encouraged to explore this remarkable Key Biscayne office space.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1951
Total area 12,000 SF
Zoning code 6100:COMMERCIAL,NEIGHBRHD
APN 24-5205-063-0250
UPID US18-5471358
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.12M
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.65M
Owner & transaction history
Land Trust Service Corporation · 6 yrs held
Land Trust Service Corporation
since 2020
Last sale
$5.0M
7 recorded transactions
2020
$5.0M
2016
Price N/A
2015
$4.5M
2012
$3.5M
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
6100:COMMERCIAL,NEIGHBRHD · Key Biscayne, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source zoning
Top alternative use upside
Auto repair, garage $7.6M +24.4%
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