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.

This listing is courtesy of Great Properties International LLC.

More detailed information, including prior sales, lot and building square footage per the county, zoning, traffic maps, nearby businesses, and more related to the Miami-Dade county property folio associated with this commercial property listing, which in most cases would be for the listed property, is displayed below. This is not provided by the listing broker or agent, but is information obtained independently from the county for the folio number 2442320220380 entered for this listing by the listing broker / listing agent. Importantly, always verify information. This county information is not updated regularly. Thus, some of the information may have changed since it was obtained. Information herein is provided on a best efforts basis only. Do not rely on it to make an investment decision.

Miami-Dade County Information for Folio 24-2320-022-0380 (2442320220380)*
Links to Miami-Dade Lot Outline, Aerial Views, Tax Records
Property Location*
Address: 260 Crandon Blvd C40
City: Key Biscayne
State: Florida
Zip Code: 33149-1536 (Listings)
County: Miami-Dade (Listings)
  -
Building Size - English*
Living Square Feet: 1,044
Actual Square Feet: 1,044
Adjusted Square Feet: 1,044
  -
Lot Size - English*
Lot Size (sf): 0
Lot Size (acres): 0.00
  -
Building Size - Metric*
Living Square Meters: 96.99
Actual Square Meters: 96.99
Adjusted Sq M: 96.99
  -
Lot Size - Metric*
Lot Size (sq m): 0
Lot Size (ha): 0.00
  -
Zoning & Land Use*
Land Use: 1118 - Store : Condominium - Commercial
Zoning: 6100 - Commercial - Neighborhood
Municipal Zoning: C-1 (Key Biscayne)
All Listed | All Properties
  -
Prior Sale*
Type: Qual by exam of deed
Qual: Q
Date: 10/23/2014
Amount: $880,000
  -
Prior Sale #2* (Second to Last)
Type: Financial inst or "In Lieu of Forclosure" stated
Qual: U
Date: 05/09/2011
Amount: $100
  -
Prior Sale #3* (3rd to Last)
Type: Financial inst or "In Lieu of Forclosure" stated
Qual: U
Date: 03/01/2003
Amount: $0
  -
Taxable Values*
Tax Year: 2023
Land: $0
Building: $0
Total: $929,160
Assessed: $671,814
County Taxable: $671,814
City Taxable: $671,814
Mill Code: 2400
  -
Ownership*
Owner 1: Crecer Property Llc
Mailing Address: 2475 Brickell Ave #2105
Mailing City: Miami
Mailing State: Fl
Mailing Zip: 33129
Mailing Country: USA
  -
Building Information*
Stories: 0
Year Built: 1981
Effective Year Built: 1981
  -
Legal Description*
Legal Description Concatenated: THE SQUARE AT KEY BISCAYNE CONDO UNIT C-40 UNDIV 2.157% INT IN COMMON ELEMENTS OFF REC 11327-1796 OR 21133-4032 0303 4

*This Miami-Dade county folio information was recently obtained for the folio number entered on this listing by the listing broker, which usually is correct, but not always. This information is not represented as or warranted to be accurate or current. Verify this and all information about this property independently. Do not rely on it to make an investment decision.