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    1080 Kane Concourse Bay Harbor Islands, FL 33154

    For Sale
    $10,600,000
    Property size:
    14,920 SF
    Added:
    Dec 11, 2024
    Days on Market:
    361

    Property Features for 1080 Kane Concourse

    General Information

    Property type
    Individual retail properties
    Square Feet
    14,920 SF
    Class
    A

    Building Details

    Year Built/Renovated
    1977/2022
    Buildings
    1
    Stories
    2
    Units
    10

    HighLights

    • Fully leased, 14,920 SF retail and office building generating significant income.
    • Below‑market rents with significant upside potential.
    • Existing building underwent interior renovation in 2022.
    • Town‑approved plans for a seven‑story boutique office building in a highly desirable, land‑constrained submarket.
    • Located in the prestigious Bay Harbor Islands, offering world‑class amenities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bay Harbor Islands
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.131228506699
    Latitude
    25.886668755874

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    FAQs

    Where is this individual retail property located?
    The property is located at 1080 Kane Concourse Bay Harbor Islands, FL.
    What is the asking price?
    The asking price for this property is $10,600,000.
    What are key features of this property?
    This property features: Fully leased, 14,920 SF retail and office building generating significant income.; Below-market rents with significant upside potential.; Existing building underwent interior renovation in 2022.
    Request Owner's contact information
    1080 Kane Concourse Bay Harbor Islands, FL 33154
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    Bay Harbor Islands, FL 33154
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1080 Kane Concourse Bay Harbor Islands, FL 33154
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