1177 Kane Concourse 405, Bay Harbor Islands, FL 33154 — MLS photo

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1177 Kane Concourse 405, Bay Harbor Islands, FL 33154

Active · Condominium

$4,699,000

1177 Kane Concourse 405, Bay Harbor Islands, FL 33154

Beds
3
Baths
4
Living area
3,262 sq ft
$ / sq ft
$1,441/sq ft
Year built
2026
Lot size
—
HOA fee
$5,276
Annual tax
—

About this property

WELLNESS AT THE CORE OF THE ONLY AVAILABLE LARGEST 3 BEDROOM 05 LINE AT THE WELL BAY HARBOR ISLANDS, a boutique building shaped around health and longevity. This wellness-driven community is now completed and ready for move-in! Spanning 3,671 sq ft, Residence 405 unfolds with a spacious split floor plan, anchored by an oversized entertainment area that feels like a single family residence, with floor-to-ceiling doors that fill the interiors with natural light. 3 private terraces extend the living spaces, creating indoor-outdoor flow to live, host, and unwind. Wellness elements are integrated throughout, creating a sense of calm & understated luxury rarely found in new construction: custom wood cabinetry w/ stone countertops, marble & travertine surfaces, spa-inspired details: rain shower, aromatherapy, red light therapy, filtered water, built-in air purification, and non-toxic paint finishes, complemented by Sub-Zero & Wolf appliances. 2 covered parking spaces & 1 storage included. Developed by Terra Group w/ interiors by Meyer Davis, The Well is a limited collection of 65 residences with over 22,000 sq ft of amenities, including a membership to THE WELL Club, offering state-of-the-art fitness and wellness center, infrared saunas, hyperbaric oxygen therapy, cold plunges, 150+ monthly classes, and an onsite functional medicine. Resident only amenities include a rooftop pool deck, zen garden, private beach club access, fitness center, resident lounge, & house car service.

Property location

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1177 Kane Concourse 405, Bay Harbor Islands, FL 33154

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Facts & features

Interior

Bedrooms
3
Bathrooms
4
Living area
3,262 sq ft

Exterior & Structure

Property type
Condominium
Year built
2026

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$5,276
County
Miami-Dade
MLS listing ID
A12011493
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$20,818

Cap rate
0.4%
Net yield
0.4%
Cash-on-cash return
-19.0%
Gross yield
4.8%
Mortgage payment
$22,276/mo
Down payment
$1,174,750
Loan amount
$3,524,250
Annual NOI
$17,489

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.