Commercial Sale · Restaurant/Entertainment
620 Crandon Blvd # 7, Key Biscayne FL 33149, KEY BISCAYNE, FL, 33149
Active112 days on marketListed Apr 15, 2026MLS #A11999980
About this property
The property at a glance
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.
1,788
Building sq ft
$1,370
Price / sq ft
1,788
Lot sq ft
1951
Year built
6100
Zoning
Restaurant/Entertainment
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$13,423/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
14,603
Population
$152,910
Median income
44
Median age
3
Avg household
$1,246,268
Median home value
$3,394/mo
Median rent
2,233
Households w/ kids
Consumer profile
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
Seeking peace and well-being through meditation, gratitude and spirituality.
Improving flexibility, strength, and overall well-being is the yogi's aim. This population is looking for the right community, instruction, and accessories.
This population is all about keeping the mood light and good, clean fun. Common activities include spending time outdoors, catching up with friends, and dancing.
Recent sales
What actually sold near 620 Crandon Blvd # 7
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$5,740
260 Crandon Blvd Unit # B47, Key Biscayne FL 33149
Sold Mar 14, 2025
$1,750,000
620 Crandon Blvd # 7, Key Biscayne FL 33149
Sold May 22, 2025
$59
660 Crandon Blvd # 225, Key Biscayne FL 33149
Sold Jul 1, 2025
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 620 Crandon Blvd # 7 — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 620 Crandon Blvd # 7.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of Avanti Way Realty LLC · Marisela Gonzalez Servat. MLS #A11999980.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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