260 Crandon Blvd, Apt C40

$1,370,000

0 Bed 0 Bath
260 Crandon Blvd Unit C40 Key Biscayne

9

Home61's Closings in

Key Biscayne

Amenities

Air Conditioning
N/A
Central Heat
N/A
Refrigerator
N/A
Dishwasher
N/A
Washer
N/A
Walk-In Closets
N/A
Water View
N/A
Pool
N/A
Doorman
N/A
Valet
N/A
Gym
N/A
Impact Windows
N/A

Key features

Living area
N/A
Maintenance
$ 0
Tax
$ 12,773
Tenant Occupied
No
Parking Space
0
Floor #
N/A
Building
-
On market
232 days
$ /sqft
-
Type
apartment
Unit
C40
Year Built
1981
Zip Code
33149
Ref./MLS ID
A11550603

DESCRIPTION

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.  


Data is provided by Miami Board of Realtors.

Public transportation

Crandon Bd & Sonesta Dr
B
1 mins
Crandon Bd & #235 (key Colony)
B
2 mins
Crandon Bd & Harbor Dr
B
3 mins
Harbor Dr & Fernwood Rd
B
3 mins

Nearby School In Key Biscayne

Data Provided by greatschools.org

RATING
Name
GRADE
DISTANCE
10
Key Biscayne K-8 Center
PK-8
0.4 miles
10
Mast Academy
9-12
2.9 miles
6
Southside Elementary School
PK-5
4.9 miles
NR
St Agnes Academy
PK-8
0.2 miles
Listed on March 14, 2024 by Jose Del Corral from Great Properties International LLC, this apartment is for sale. apartment for sale in Key Biscayne listed at $1,370,000, Reference A11550603

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