Located in a well-established, high-traffic strip center in the heart of Key Biscayne. This prime retail opportunity sits along Crandon Blvd, offering excellent visibility, strong frontage, and convenient access with ample nearby parking. The unit features an open and versatile layout, ideal for a variety of uses including restaurant, café, boutique retail, wellness, or service-oriented businesses. Additionally, the space offers the option to utilize both the interior area and a private outdoor terrace, enhancing flexibility and customer experience. Surrounded by a dense residential community with high purchasing power and consistent local traffic, this location presents a solid opportunity for both owner-users and investors. Rare chance to establish a presence in one of Miami’s most desirable island markets.
Investment Opportunity! Excellent commercial space located at The Square, a premier commercial condominium in Key Biscayne. The unit is positioned on a corner courtyard with shared outdoor seating areas and high pedestrian traffic, surrounded by Patagonia Nahuen, La Despensa, and Kazumi Restaurant. Other tenants include major banks, medical offices, and a variety of restaurants and retail shops (clothing, toys, and décor, among others). The unit is currently leased through July 2028. Current monthly rent: $6,036.59 January 2027 rent: $6,217.71 January 2028 rent: $6,404.24 Lease expiration: July 31, 2028 The owner pays property taxes and maintenance. Monthly maintenance: $475
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Key Biscayne is located in Florida. Key Biscayne, Florida has a population of 14,530. Key Biscayne is more family-centric than the surrounding county with 52.87% of the households containing married families with children. The county average for households married with children is 27.22%.
The median household income in Key Biscayne, Florida is $167,990. The median household income for the surrounding county is $57,815 compared to the national median of $69,021. The median age of people living in Key Biscayne is 41.7 years.
The average high temperature in July is 88.3 degrees, with an average low temperature in January of 62.1 degrees. The average rainfall is approximately 53.1 inches per year, with 0 inches of snow per year.
