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Active Retail
$1,100,000
260 Crandon Blvd # E18, Key Biscayne FL 33149, Key Biscayne, FL 33149
0 Beds
Bedrooms
0 Baths
Bathrooms
— sqft
Living Area
1981
Year Built

About This Property

Investment Opportunity! Excellent commercial space located at The Square, a premier commercial condominium in Key Biscayne. The unit is positioned on a corner courtyard with shared outdoor seating areas and high pedestrian traffic, surrounded by Patagonia Nahuen, La Despensa, and Kazumi Restaurant. Other tenants include major banks, medical offices, and a variety of restaurants and retail shops (clothing, toys, and décor, among others).
The unit is currently leased through July 2028.

Current monthly rent: $6,036.59

January 2027 rent: $6,217.71

January 2028 rent: $6,404.24

Lease expiration: July 31, 2028

The owner pays property taxes and maintenance.
Monthly maintenance: $475

Property Details

Property Type Retail
Days on Market 111 days
HOA Fee $420/mo
Parking — spaces
Pool No
Waterfront No
Community
Pets Allowed

Assigned Schools

Verify with District ↗
School Grades Address Report Card
Key Biscayne K-8 Center
Elementary 305-361-5418
PK-8
150 W McIntire St., Key Biscayne, FL 33149
Ponce de Leon Middle
Middle 305-661-1611
6-8
5801 Augusto St., Coral Gables, FL 33146
Coral Gables Senior High
High School 305-443-4871
9-12
450 Bird Rd., Coral Gables, FL 33146

Source: County GIS attendance zone boundaries. Assignments are based on property location and may change. Use Miami-Dade County Public Schools's official locator to confirm.

Location

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Comparable Sales

10 closed sales · 1-mile radius · last 12 months · Key Biscayne

Est. Market Value
$563,732
Range: $463,000 – $740,000
Listed 95.1% above estimated market value ($536,268 over comps). Buyers should negotiate.
Address
Closed
Price
Beds
Baths
Sqft
vs Ask
77 Crandon Blvd # 5B, Key Biscayne FL 33149
THE PALMS OF KEY BISCAYNE · 1974
$480,000
May 26, 2026
$550,000
$645/sf
1
2
744
-12.7%
77 Crandon Blvd # 2B, Key Biscayne FL 33149
THE PALMS OF KEY BISCAYNE · 1974
$400,000
Mar 9, 2026
$399,900
$538/sf
1
2
744
+0%
155 Ocean Lane Dr # 407, Key Biscayne FL 33149
COMMODORE CLUB WEST CONDO,COMMODORE CLUB · 1973
$750,000
Apr 7, 2026
$780,000
$838/sf
1
2
895
-3.8%
200 Galen Dr # 308, Key Biscayne FL 33149
GALEN DRIVE WEST CONDOMIN · 1969
$480,000
Mar 11, 2026
$499,000
$696/sf
1
1
690
-3.8%
155 Ocean Lane Dr # 1002, Key Biscayne FL 33149
COMMODORE CLUB WEST CONDO · 1973
$920,000
Mar 2, 2026
$945,000
$1,028/sf
1
1
895
-2.6%
195 SW Sunrise Dr # 4, Key Biscayne FL 33149
INDIES CONDO · 1965
$625,000
Jun 19, 2025
$680,000
$701/sf
1
1
891
-8.1%
881 Ocean Dr # L2, Key Biscayne FL 33149
CASA DEL MAR CONDO,CASA DEL MAR · 1971
$690,000
Jun 4, 2025
$875,000
$742/sf
1
2
930
-21.1%
195 Sunrise Dr # 8, Key Biscayne FL 33149
INDIES CONDO · 1965
$463,000
Mar 25, 2025
$485,000
$685/sf
1
1
676
-4.5%
155 Ocean Lane Dr # 1107, Key Biscayne FL 33149
COMMODORE CLUB WEST CONDO · 1973
$740,000
Dec 20, 2024
$750,000
$827/sf
1
2
895
-1.3%
195 Sunrise Dr # 9, Key Biscayne FL 33149
INDIES CONDO · 1965
$440,000
Dec 4, 2024
$440,000
$639/sf
1
1
689
+0%
$552,500
Median Sale
$583,500
Trimmed Avg
$721/sf
Avg $/sqft
10 sales
Comps Found

Comp data from Miami MLS. Estimate is automated and does not account for condition, upgrades, or lot features. For a full CMA, contact Dayron Crespo, Broker.

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