Corner Office Suite with
305-1111 Kane Concourse Bay Harbor Islands, FL 33154
For Sale
$495,000
Turnkey corner office suite with multiple private offices, conference space, and a kitchen or bar area.
Property Size864 SF
Price / SF$572.92
Days on Market54
Property Features for 305-1111 Kane Concourse
General Information
Standard status
Active
Size
864 SF
Listing Agency:
Charles Rutenberg Realty FTL
(954) 274-2291
Listed By:
Oswaldo Guerra, PA · License #3169265
(954) 274-2291
Source:
Exprealty
Added: Jun 7
Changed: Jul 10
Last Checked: Jul 29 at 1:32PM
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 FTL
Investment Insights
Based on property information with market context.
This for-sale corner office unit offers a view from every office and every corner. The suite is in great condition and is ready for immediate use, with approximately 864 square feet of full, usable space. Interior improvements include a kitchen or bar area, a conference room, and three private offices, supporting both focused work and client or team meetings.
The property is positioned to benefit from corner placement and comes with free, plenty parking for occupants and visitors. The listing does not specify other building amenities, but the parking offering supports day-to-day convenience for staff and touring parties.
For buyers seeking an office setup that already includes private rooms and dedicated meeting space, this layout is designed to accommodate a range of professional uses. The presence of a kitchen or bar area adds utility for staff convenience and informal hosting, while the conference room and private offices support a practical, customer-facing or team-based operating model.
The property is positioned to benefit from corner placement and comes with free, plenty parking for occupants and visitors. The listing does not specify other building amenities, but the parking offering supports day-to-day convenience for staff and touring parties.
For buyers seeking an office setup that already includes private rooms and dedicated meeting space, this layout is designed to accommodate a range of professional uses. The presence of a kitchen or bar area adds utility for staff convenience and informal hosting, while the conference room and private offices support a practical, customer-facing or team-based operating model.
Key Highlights
- Corner office suite with views from every office and corner
- 864 SF fully used office space
- Includes a kitchen or bar area
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
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Turnkey corner office suite with multiple private offices, conference space, and a kitchen or bar area.
Where is this office units located?
The property is located at 305-1111 Kane Concourse 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 office suite with views from every office and corner; 864 SF fully used office space; Includes a kitchen or bar area
