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 restaurant 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.
| MLS # | A12048772 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| HOA Dues | $630 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1981 |
| Days On Site | 72 |
| Listing Provided By | Great Properties International LLC | Fernando A Echeverri |
| SQ Feet | 1,044 |
|---|---|
| Story(s) | 1 |
| Zoning | 6100 |
| Acreage | 0.02 |
| Tax Annual Amount | 14447 |
|---|
| Community Features | Shopping |
|---|
| State | FL |
|---|---|
| County | Miami Dade |
| City | Key Biscayne |
| Zip Code | 33149 |
| Area | 2420 |
| Listing VS Median (in 33149) | |
Price: $1,450,000 low | high Med: $25,000 sqft: 1,044 low | high Med: 5,421 $ / sqft: $1,389 low | high Med: $5 On site: 72 low | high Med: 51 | |
| State | FL |
|---|---|
| County | Miami Dade |
| City | Key Biscayne |
| Zip Code | 33149 |
| Area | 2420 |
| Listing VS Median (in 33149) | |
Price: $1,450,000 low | high Med: $25,000 sqft: 1,044 low | high Med: 5,421 $ / sqft: $1,389 low | high Med: $5 On site: 72 low | high Med: 51 | |