660 Crandon BlvdKey Biscayne, FL 33149

Property Details for 660 Crandon Blvd

Year built

1951

Property size (Sq ft)

12,000 SF

Zone code

6100:COMMERCIAL,NEIGHBRHD

Property type

Retail properties

Property subtype

Retail space

APN

24-5205-063-0250

APU

2452050630250

Description

This exceptional Key Biscayne office space, totaling 12,000 square feet, presents a unique single-tenant opportunity. Ideally situated behind the Winn-Dixie supermarket, this property boasts a prime location offering excellent visibility and accessibility. The building is zoned 6100 and features a single suite configuration, identified by APN 24-52-05-063-0250. While the entire 12,000 square foot space is available, the property also offers flexible options for smaller tenants. Individual offices as small as 159 square feet are available, along with second-floor units ranging from 220 to a maximum contiguous space of 947 square feet. This allows for customization to suit various business needs and sizes. The property's strategic location in Key Biscayne ensures high visibility and easy access for clients and employees. This is an exceptional opportunity for a business seeking a prominent and convenient location in a desirable area. The property's single-tenant configuration provides privacy and control, while the flexible space options cater to a wide range of business requirements. Serious inquiries are encouraged to explore this remarkable Key Biscayne office space.

• CAP approach

  CAP return

  Valuation

  6%

  $15,230,082

  6.5%

  $14,058,537

  7%

  $13,054,356

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,577,686

  Geo Method

  $11,577,686

• Alternative Use

  Use

  Valuation

  Residential

  $11,858,902

  Hospitality

  $10,862,690

  Educational

  $9,037,631

  Medical

  $9,348,449

  Retail

  $14,058,537

Location Insight

City

Key Biscayne

County

Miami-dade

State

Florida

Latitude

25.6894

Longitude

-80.1645

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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