1881 26Th StWilton Manors, FL 33305

  • Mixed-use properties
  • 31,225 SF
For Lease
$28/SF/YR View listing

Property Details for 1881 26Th St

Year built
1973
Construction
CONCRETE
Lot size
1.17 AC
Property size (Sq ft)
31,225 SF
Zone code
B-2
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
49-42-26-00-0063
APU
494226000063

Description

Wilton Plaza, located at 1881 NE 26th St in Wilton Manors, Florida, offers exceptional office space in a convenient location. This two-story, 31,225 square foot building boasts 26 suites, with 1,200 square feet currently vacant. Individual suites range from a minimum of 300 square feet to a maximum contiguous space of 1,000 square feet, making it ideal for businesses of various sizes. Built in 1979, the property sits on a 50,854 square foot lot and is zoned B2. The building features ample parking with 110 spaces available for tenants and guests, and elevators for easy access to all floors. Utilities are handled efficiently, with electricity included in the rent. Tenants are only responsible for their own janitorial services (if desired) and internet. There are no CAM charges, and ample guest parking is provided at no extra cost. The property enjoys a prime location on heavily trafficked 26th Street, ensuring high visibility and accessibility. Sales lease tax is added to the base lease amount. This Broward County property, situated in the Fort Lauderdale submarket cluster, presents a fantastic opportunity for businesses seeking a well-maintained and conveniently located office space. The APN is 4942 26 00 0063 and the zip code is 33305.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $11,511,289
    6.5%
    $10,625,805
    7%
    $9,866,819
  • Comparable approach

    Method
    Valuation
    Relative Method
    $14,297,959
    Geo Method
    $14,297,959
  • Alternative Use

    Use
    Valuation
    Residential
    $10,625,805
    Hospitality
    $9,733,180
    Educational
    $8,097,892
    Medical
    $8,376,390
    Retail
    $12,596,720
1881 26Th St, Wilton Manors, Florida

Location Insight

City
Wilton Manors
County
Broward
State
Florida
Latitude
26.1601
Longitude
-80.1223
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
-
$610,250
$3,558,310
$4,168,560
-
$610,250
$3,558,310
$4,168,560

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