How much is Retail Property in Key Biscayne?

Retail Property in Key Biscayne is listed at $1,450,000, about $1,389 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.

What is the cap rate on Retail Property in Key Biscayne?

The listing reports net operating income of $82,679 a year, a cap rate of about 5.7% at the $1,450,000 asking price. Seller-reported income is a starting point: verify it against the rent roll, the leases and the operating statements during due diligence.

What is Retail Property in Key Biscayne zoned?

The listing reports zoning of 6100. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.

How big is Retail Property in Key Biscayne?

The listing reports 1,044 square feet of building.

When was Retail Property in Key Biscayne built?

Retail Property in Key Biscayne was built in 1981. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.

What are the property taxes on Retail Property in Key Biscayne?

The listing reports annual property taxes of $14,447 for 2025. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.

How do I tour Retail Property in Key Biscayne?

Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

Retail Property, Key Biscayne, FL 33149

$1,450,000 · $1,389 per sq ft · Retail for sale

Property type: Retail
Asking price: $1,450,000
Price per sq ft: $1,389
Building size: 1,044 sq ft
Lot size: 871 sq ft
Zoning: 6100
Year built: 1981
Stories: 1
Net operating income: $82,679/yr
Cap rate: 5.7%
Tenant pays: Common Area Maintenance, Insurance, Taxes, Inside Insurance, Real Estate Taxes, Maintenance
MLS#: A12048772

Photo 1 at Retail Property, Key Biscayne

Photo 2 at Retail Property, Key Biscayne

Photo 3 at Retail Property, Key Biscayne

Photo 4 at Retail Property, Key Biscayne

Photo 5 at Retail Property, Key Biscayne

Photo 6 at Retail Property, Key Biscayne

Photo 7 at Retail Property, Key Biscayne

About this property

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.

Operating Statement

Gross scheduled income	$82,679/yr
Gross income	$105,777/yr
Property taxes	$14,447/yr
Other	$23,098/yr
Net operating income	$82,679/yr
Cap rate at asking price	5.7%

Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Great Properties International LLC · danielggaviria@hotmail.com · Listing agent: Fernando A Echeverri

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. 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 BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Request a tour or more information

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour Retail Property or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.

Questions About Retail Property

How much is Retail Property in Key Biscayne?: Retail Property in Key Biscayne is listed at $1,450,000, about $1,389 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
What is the cap rate on Retail Property in Key Biscayne?: The listing reports net operating income of $82,679 a year, a cap rate of about 5.7% at the $1,450,000 asking price. Seller-reported income is a starting point: verify it against the rent roll, the leases and the operating statements during due diligence.
What is Retail Property in Key Biscayne zoned?: The listing reports zoning of 6100. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
How big is Retail Property in Key Biscayne?: The listing reports 1,044 square feet of building.
When was Retail Property in Key Biscayne built?: Retail Property in Key Biscayne was built in 1981. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
What are the property taxes on Retail Property in Key Biscayne?: The listing reports annual property taxes of $14,447 for 2025. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.
How do I tour Retail Property in Key Biscayne?: Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

More Commercial Listings Nearby

260 Crandon Boulevard A51, Key Biscayne · Retail for sale · $1,990,000 · 1,109 sq ft
260 Crandon Boulevard C40, Key Biscayne · Retail for sale · $1,450,000 · 1,044 sq ft
260 Crandon Boulevard E18, Key Biscayne · Retail for sale · $1,100,000 · 785 sq ft
260 Crandon Boulevard C10, Key Biscayne · Retail for lease · $7,000/mo · 32,028 sq ft
260 Crandon Boulevard C11, Key Biscayne · Retail for lease · $7,000/mo · 32,028 sq ft
1775 3 Avenue, Miami · Retail for sale · $19,000,000 · 43,552 sq ft
475 NE 30 Terrace CU-5, Miami · Retail for sale · $649,000 · 5,000 sq ft
19501 NW 2nd Avenue, Miami Gardens · Retail for sale · $9,425,000 · 27,872 sq ft

See every commercial listing in Key Biscayne or browse Florida commercial real estate.