260 Crandon Blvd #C13
About This Property
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 23, 2022 | No longer available | - | |
| No longer available | |||
| Apr 8, 2022 | Relisted | $1,100,000 | |
| Relisted | |||
| Oct 21, 2021 | No longer available | - | |
| No longer available | |||
| Oct 20, 2021 | Listed | $1,100,000 | |
| Listed | |||
| | |||
|
Prime 2 story commercial space located in Key Biscayne's most desirable and prestigious shopping center, The Square. This 1,044 sq. ft space is ideal for many types of businesses such as retail, office, or restaurant. It has its own private bathroom and rear access. The shopping center has recently undergone extensive renovation. It has patio and common area seating for the high pedestrian traffic attracted by a mix of retailers, restaurants, banks, salons, and offices.
| |||
| Jul 7, 2021 | Relisted | $1,100,000 | |
| Relisted | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/19/2026
|
Loft
|
-
|
32000 ft²
|
$7,200
Loft
-
32000 ft²
|
$6,800
-5.56%
09/30/2026
|
Francoise Wynne
Ashton Real Estate, Inc.
| |
|
11/22/2023
|
Loft
|
-
|
-
|
$1,400,000
Loft
-
|
-
-
|
James Salas
E Realty International, Inc.
| |
|
09/29/2023
| |
Loft
|
-
|
-
|
$350,000
Loft
-
|
-
-
|
Raul Gil
Business Unlimited Realty
|
|
09/27/2023
|
Loft
|
-
|
-
|
$1,198,700
Loft
-
|
-
-
|
Victoria De Giraldo
BHHS EWM Realty
| |
|
12/09/2021
|
Loft
|
-
|
-
|
$1,672,800
Loft
-
|
$1,360,000
-18.70%
07/20/2022
|
Edward Schmidt
E. L. S. Realty Corp.
| |
|
10/20/2021
|
Loft
|
-
|
-
|
$1,100,000
Loft
-
|
-
-
|
Denise Estefan
Avanti Way
| |
|
04/21/2021
|
Loft
|
-
|
-
|
$1,100,000
Loft
-
|
-
-
|
Denise Estefan
Avanti Way
| |
|
12/31/2018
|
Loft
|
-
|
-
|
$990,000
Loft
-
|
$970,000
-2.02%
11/20/2019
|
Gus Martinez
Keller Williams Realty SW
| |
|
09/30/2018
| |
Studio
|
-
|
-
|
-
Studio
-
|
-
-
|
-
|
Building Info
- 3 Units for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017