1881 26Th StWilton Manors, FL 33305

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

Investment properties

Property subtype

Retail residential 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.

• 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

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

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