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Penthouse Office Suite
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1111 Kane Concourse # 601, Bay Harbor Islands, FL 33154

Penthouse office suite in a Class A building, currently divided into two offices with a bay view.

Property SizeContact for details
Days on Market122

Property Features for 1111 Kane Concourse # 601

General Information

Standard status Active
Class A
Property subtype Office
Listing Agency: Miami Commercial Realty
Listed By: Milton Raijman · License #0356509
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 4:43AM

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 Miami Commercial Realty

Investment Insights

Based on property information with market context.

This penthouse office suite is located in a Class "A" building and currently features an interior layout divided into two separate professional offices. The space can be easily reconnected to operate as a single, larger office suite. The building includes upgraded hallways and elevators and offers amenities, with free guest parking and secured owner-tenant parking.

The suite provides a bay view. The property is currently rented on a month-to-month basis with tenants in place for many years, and it is described as producing reasonable cash flow. Easy to show.

Key Highlights

  • Penthouse office suite in a Class A building in Bay Harbor/Bal Harbour area
  • Currently divided into two separate professional offices; can be easily reconnected for one larger suite
  • Beautiful bay view

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Grocery & Convenience Store HVAC Service Building Supply Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,007
Businesses Nearby

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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Penthouse office suite in a Class A building, currently divided into two offices with a bay view.
Where is this office units located?
The property is located at 1111 Kane Concourse # 601 Bay Harbor Islands, FL.
What are key features of this property?
This property features: Penthouse office suite in a Class A building in Bay Harbor/Bal Harbour area; Currently divided into two separate professional offices; can be easily reconnected for one larger suite; Beautiful bay view
More about this property
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