Overview

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  • Status: Active
  • Parking No info
  • Size: No info
  • Price Per: No info/No info
  • Type: Retail
  • Built: 1981
  • HOA: No info
  • MLS Number: A11550603
  • View No info
  • On Site: 64 days
  • Updated: 64 Days Ago
  • Page Views: 1

PRIME Investment Opportunity. Fully NNN(tenant reimburses for all expenses) - NOI $76,441 - 5.58% Cap - 4% Annual Increases - Unit in main plaza of Shopping Center. Rented to Narbona, a highly successful restaurant/market with other locations in the city. Shopping center located in an affluent Zip Code with a captive client base. Tenant occupies 4 units in the plaza and has recently expanded into this unit. Lease has 5 years remaining with another 5 year renewal option. High foot traffic, other tenants include Bank of America and First Horizon among other successful restaurants, salons and retailers. Shopping center is on Crandon Blvd, the main road in Key Biscayne. Unit has 1,044 sq ft.

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Price History

DateEventPriceChange RatePrice Per
03/14/2024Listed$1,370,000.00$1,312.26 ft2/$14,125.06 m2

Features

Property Details for 260 Crandon Blvd Unit C40, Key Biscayne, FL 33149

Retail current status is Active, 260 Crandon Blvd Unit C40 is a Retail in , Key Biscayne, FL 33149 with property MLS ID# A11550603. This Retail has been listed on Best of Luxury Realty since March 14, 2024 and is currently priced at 1,370,000. This property was built in 1981.

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Area Specialist

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Tracey Schmitt
Real Estate Advisor
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
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