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
260 Crandon Blvd, #E18, Key Biscayne, FL, 33149
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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