Retail in 260 Crandon Boulevard C40, Key Biscayne, FL 33149 for sale with MLS# A12048925

Investment opportunity to acquire a fully leased retail unit at The Square, one of Key Biscayne's most established commercial centers. The property is occupied by a successful Cafe & Gelato under a NNN lease, with the tenant responsible for operating expenses, providing stable in-place income and minimal landlord obligations. Located on Crandon Boulevard, The Square is a vibrant 55-unit open-air shopping center with a diverse mix of restaurants, boutiques, salons, and professional offices.

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260 Crandon Boulevard C40, Key Biscayne, FL 33149

Price
Price:
$1,450,000.00
Original List Price:
$1,450,000.00
List Price per Sq Ft (Calculated, Approx.):
$1,388.88
Business Info
Gross Scheduled Income:
82679
Lease Details
Tenant Pays:
Insurance, Taxes, Management, Inside Insurance, Real Estate Taxes
Property Status and Type
Listing Type:
For Sale
Status:
Active
Business Type:
Retail
Listing Category:
Commercial Sale
Property Type:
Retail
Description of Last Important Update:
New Listing
Last Major Update on:
July 13, 2026 4:00 am
Measures
Built-Up Area:
1,044 Sqft
Lot Size Acres:
0.02
Property Features
Air Conditioning
Air Conditioning System:
Central Individual
Heating
Heating System:
Central Individual
Construction
Year Built:
1981
Number of Units Total:
1
Structure Type:
Retail
Road Frontage Type:
City Street
Flood Zone Code:
AE
Taxes and Expenses
Tax Annual Amount:
$14,447.00
Tax Year:
2025
Association Fee:
$630.00
Association Fee Frequency:
Monthly
Utilities
Sewer:
Public Sewer
Water Source:
Public
Community
Senior Community:
No
Terms
Documents Available:
Rent Rolls, Photos
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable
Zoning and Legal
Tax Legal Description:
THE SQUARE AT KEY BISCAYNE CONDO UNIT C-40 UNDIV 2.157% INT IN COMMON ELEMENTS OFF REC 11327-1796 OR 21133-4032 0303 4
Real Estate Folio Number (Parcel Number):
2442320220380
Zoning:
6100
Listing History
Active on the market since:
July 13, 2026
Listing Agreement executed on:
July 13, 2026
Listing Status Last Changed On:
July 13, 2026 4:00 am
Photos updated on:
July 14, 2026 5:02 am
Last Modified:
August 18, 2026 3:01 pm
Additional Information
Courtesy of:
Great Properties International LLC
Attribution:
Not provided
Location
Street Name:
Crandon
Street Number:
260
Unit Number:
C40
City:
Key Biscayne
State:
Florida
Zip Code:
33149
County:
Miami-Dade
Latitude:
N25° 41' 47.1''
Longitude:
W81° 50' 10.3''
Street Suffix:
Boulevard
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $171,982
Median Home Value $1,231,500
Median Rent $3,501/mo
Median Age 43
Population 14,628

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 35 Good
☀️ O3 35 Good
🫁 PM2.5 35 Good
Ver la Propiedad Ver la propiedad 260 Crandon Boulevard C40, Key Biscayne, FL 33149
Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.