Skip to content
All listings
Active
Condominium
$4,699,000$1,441 / sqft

1177 Kane Concourse # 405, Bay Harbor Islands FL 33154

3
Bedrooms
4
Bathrooms
3,262 sqft
Interior
2026
Year built
$5,276 / mo
HOA
Condominium
Type

About this home

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.

Features

  • Elevator
  • Split Bedroom
  • Walk-In Closet(s)
  • Storage
  • Utility Room/Laundry
  • Open Balcony
  • Other View

Estimated loan & HOA

$29,037

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$23,761
HOA
$5,276 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Fortune Christie's Intl R.E.

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management

Cap rate
Cash-on-cash
Monthly cash flow
Net operating income

Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.

Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.

Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.