Corner Office Suite with
For Sale
$495,000
1111 Kane Concourse Unit 305, Bay Harbor Islands, FL 33154
Corner suite offers multiple private offices, a conference room, and a kitchen or bar area with ample on-site parking.
Property Size864 SF
Price / SF$572.92
Days on Market162
Property Features for 1111 Kane Concourse Unit 305
General Information
Standard status
Active
Size
864 SF
Property subtype
Office
Building Details
Year Built
1982
Listing Agency:
Charles Rutenberg Realty Fort
(954) 274-2291
Listed By:
Oswaldo Guerra, PA · License #3169265
(954) 274-2291
Source:
Xome
Added: Feb 25
Changed: Jul 10
Last Checked: Jun 15 at 1:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Charles Rutenberg Realty Fort
Investment Insights
Based on property information with market context.
This for-sale office suite is a corner unit with a view from every office area and every corner. The space is approximately 864 square feet and is fully used. Interior amenities include a kitchen or bar area, a conference room, and three private offices, providing a practical layout for both client meetings and day-to-day team work. The suite is described as being in great condition and ready for use.
The property is located at 1111 Kane Concourse, Unit 305, in Bay Harbor Islands, FL 33154. The listing highlights free, plenty parking area, which can support convenient day-to-day access for staff and visitors.
For tenants, buyers, or owners seeking a turn-key professional setup, the combination of three private offices and a dedicated conference room supports a straightforward workflow for office-based operations. The corner configuration and views from the office corners may also be appealing for organizations that place value on a bright, outward-facing office environment. Ample free parking further complements the space for in-person visits.
The property is located at 1111 Kane Concourse, Unit 305, in Bay Harbor Islands, FL 33154. The listing highlights free, plenty parking area, which can support convenient day-to-day access for staff and visitors.
For tenants, buyers, or owners seeking a turn-key professional setup, the combination of three private offices and a dedicated conference room supports a straightforward workflow for office-based operations. The corner configuration and views from the office corners may also be appealing for organizations that place value on a bright, outward-facing office environment. Ample free parking further complements the space for in-person visits.
Key Highlights
- Corner suite with a view from every office and every corner
- 864 SF full used interior space
- Includes 3 private offices plus a conference room
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.4k | $45.60 |
| − Vacancy | −$8.9k | −$10.26 |
| EGI | $30.5k | $35.34 |
| − OpEx | −$7.6k | −$8.84 |
| NOI | $22.9k | $26.51 |
864 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$327.1K
$286.3K – $381.7K
NOI $22,900 @ 7.0% cap · market cap 4.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$438.3K
$383.6K – $511.4K
NOI $30,684 @ 7.0% cap · market cap 6.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,007
Businesses Nearby
Explore this area
Business Placement
Demographics for 33154, FL
14,792
Population
10,104
Households
1.5
Avg Household Size
46
Median Age
59%
College-Educated
98%
High-School Grad
1.9 sq mi
ZIP Area
7,785
Density / Sq Mi
$87,806
Median Household Income
$53,711
Median Earnings
$2,245
Median Rent
$741,400
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Corner suite offers multiple private offices, a conference room, and a kitchen or bar area with ample on-site parking.
Where is this office units located?
The property is located at 1111 Kane Concourse Unit 305 Bay Harbor Islands, FL.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Corner suite with a view from every office and every corner; 864 SF full used interior space; Includes 3 private offices plus a conference room
