CENTURY 21 Edge
Retail

Commercial Sale · Retail

$1,100,000785 sq ft$1,401 /sq ft0 acres

260 Crandon Blvd # E18, Key Biscayne FL 33149, KEY BISCAYNE, FL, 33149

Active187 days on marketListed Jan 28, 2026MLS #A11951163

About this property

The property at a glance

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

785

Building sq ft

$1,401

Price / sq ft

0

Lot acres

1981

Year built

1

Building

6100

Zoning

Retail

Property type

Building size785 sq ft
Lot size0 acres
Year built1981
Buildings1
Zoning6100
Business typeRetail Space
ParkingCommon
ConstructionConcrete Block Construction
CoolingCentral Individual A/C
HeatingCentral Electric
Annual taxes$11,475

The numbers

Investment snapshot

Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.

Estimated payment (illustrative)

Down payment25% · $275,000
Interest rate6.00%
Loan term

Estimated payment

$6,063/mo

Principal & interest$4,946
Property taxes (actual bill)$956
Est. insurance$160

Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Financing

Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Lacie to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

31,500vehicles / day · 2025Park Entrance to Tennis/Grapetree Dr · Traffic count · Florida DOT

What’s nearby

NarbonaRestaurant0 mi
Bank of AmericaBank0 mi
Craft Key BiscayneRestaurant0 mi
NovecentoRestaurant0 mi
StarbucksRestaurant0.1 mi
Origin Asian Bistro and SushiRestaurant0.1 mi
SubwayRestaurant0.1 mi
Domino'sRestaurant0.1 mi
T-MobileRetail0.1 mi
ChaseBank0.1 mi
Pita Pockets KBRestaurant0.1 mi
Wells FargoBank0.1 mi
7-ElevenGrocery0.2 mi
AT&TRetail0.2 mi
Mobil MartGrocery0.2 mi
CitibankBank0.2 mi
ShellGrocery0.2 mi
CitibankBank0.2 mi
Wells FargoBank0.2 mi
TruistBank0.3 mi
PannaRestaurant0.4 mi
Silver Sands Beach ResortLodging0.4 mi
Sushi SiamRestaurant0.5 mi
The Ritz-Carlton Key Biscayne, MiamiLodging0.5 mi

Business data © OpenStreetMap contributors

The area

Who's around this property

14,603

Population

$152,910

Median income

44

Median age

3

Avg household

$1,246,268

Median home value

$3,394/mo

Median rent

2,233

Households w/ kids

Consumer profile

Wealth SignalingTop 3%

Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.

NetworkingTop 6%

Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.

Party LifeTop 14%

The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.

Mindfulness & SpiritualityTop 15%

Seeking peace and well-being through meditation, gratitude and spirituality.

Yoga AdvocatesTop 21%

Improving flexibility, strength, and overall well-being is the yogi's aim. This population is looking for the right community, instruction, and accessories.

Lighthearted FunTop 23%

This population is all about keeping the mood light and good, clean fun. Common activities include spending time outdoors, catching up with friends, and dancing.

Recent sales

What actually sold near 260 Crandon Blvd # E18

The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

260 Crandon Blvd # C43, Key Biscayne FL 33149

$1,250,000

260 Crandon Blvd # C43, Key Biscayne FL 33149

Sold Jan 7, 2026

Nearby listing

$7,400

Nearby listing

Sold Jul 1, 2025

260 Crandon Blvd # C38, Key Biscayne FL 33149

$7,200

260 Crandon Blvd # C38, Key Biscayne FL 33149

Sold Jan 7, 2025

Your team

The pros in your corner

Lacie Springstead

Your agent

Lacie Springstead

REALTOR® · CENTURY 21 Edge

Tours, offers, and every question about 260 Crandon Blvd # E18 — start here.

Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 260 Crandon Blvd # E18.

See it in person

Schedule a tour

Live availability from Lacie's calendar — pick a time and it's booked.

Listing courtesy of Coldwell Banker Realty · Catalina Uribe. MLS #A11951163.

IDX information is provided exclusively 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 accurate by Miami Association of REALTORS®.

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