1160 Kane ConcourseBay Harbor Islands, FL 33154

Property Details for 1160 Kane Concourse

Year built

1967

Construction

CONCRETE

Lot size

0.31 AC

Property size (Sq ft)

20,880 SF

Zone code

6000:COMMERCIAL,GENERAL

Property type

Office properties

Property subtype

Office buildings

APN

13-2227-001-3490

APU

1322270013490

Description

Exceptional commercial land opportunity in desirable Bay Harbor Islands, Florida. Located at 1160 Kane Concourse, Miami-Dade County, zip code 33154 (latitude 25.8864557, longitude -80.1325728), this property presents a unique investment prospect. Currently listed at $1200, this land parcel is ready for immediate development or use. While the provided information initially described an office unit for rent, the property type is listed as commercial land. Therefore, the $1200 price reflects the asking price for the land itself, not a rental rate for an office space. The land's precise dimensions and zoning regulations are not specified in the available data. However, its location in the sought-after Bay Harbor Islands area offers significant potential for various commercial ventures. Interested parties are encouraged to conduct their own due diligence to determine the suitability of this land for their specific needs and to verify all details. This is a rare opportunity to acquire commercial land in a prime Florida location. Act quickly, as this property is available for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $13,546,583

  6.5%

  $12,504,538

  7%

  $11,611,357

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,994,117

  Geo Method

  $7,994,117

• Alternative Use

  Use

  Valuation

  Residential

  $15,505,628

  Hospitality

  $14,203,071

  Educational

  $11,816,789

  Medical

  $12,223,186

  Retail

  $18,381,672

Location Insight

City

Bay Harbor Islands

County

Miami-dade

State

Florida

Latitude

25.8863

Longitude

-80.1325

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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