260 Crandon Blvd Apt: A51
Key Biscayne, FL 33149

Property

Ownership: For Sale
Pets: Pets Allowed

Financials

Price: $2,127,000
Annual Taxes: $13,813
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Courtesy of Great Properties International LLC

Description

EXCEPTIONAL Tenant(First Horizon) - PRIME Corner Unit - Fully NNN(tenant reimburses for all expenses) - NOI $116,958 - 5.5% Cap - Located in a very high-net-worth zip code - Bank has a captive client base and manages significant portfolio, corporate and money managed accounts - Same tenant since 2016 - 2 years left on current term with another 5 year renewal option. Located at the entrance of a shopping center with high foot traffic. Other tenants include restaurants, retailers, salons and offices. Shopping center is on Crandon Blvd, the main road in Key Biscayne. Unit has 1,109 sq ft.

Neighborhood

More listings:

EXCEPTIONAL Tenant First Horizon PRIME Corner Unit Fully NNN tenant reimburses for all expenses NOI 116, 958 5.


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.