1212 26Th StWilton Manors, FL 33305

Property Details for 1212 26Th St

Year built

1964

Construction

CONCRETE

Lot size

0.52 AC

Property size (Sq ft)

3,956 SF

Zone code

TOC EAST

Property type

Retail space

APN

49-42-26-00-0340

APU

494226000340

Description

This exceptional commercial property, located at 1212 NE 26th St in Wilton Manors, Florida, presents a unique investment opportunity. The single-tenant building boasts 3,956 square feet of retail space, situated on a generous 22,859 square foot lot. Constructed in 1964, this one-story building offers high visibility and significant potential for a variety of retail uses. The property's location in the vibrant city of Wilton Manors, Broward County, provides easy access to a thriving community known for its diverse amenities, including numerous bars, restaurants, coffee shops, and parks. The urban feel of Wilton Manors, coupled with a high homeownership rate, creates a strong and stable market for commercial ventures. This property is ideal for entrepreneurs seeking a well-established location with high foot traffic potential. The substantial lot size also presents possibilities for future expansion or redevelopment, making it an attractive option for long-term investment. The property's single-tenant occupancy offers flexibility and control, while its prime location ensures strong visibility and accessibility. This is a rare opportunity to acquire a well-positioned retail space in a desirable Florida community. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $1,728,914

  6.5%

  $1,595,921

  7%

  $1,481,926

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,945,078

  Geo Method

  $2,945,078

• Alternative Use

  Use

  Valuation

  Residential

  $1,346,219

  Hospitality

  $1,233,129

  Educational

  $1,025,949

  Medical

  $1,061,233

  Retail

  $1,595,921

Location Insight

City

Wilton Manors

County

Broward

State

Florida

Latitude

26.1593

Longitude

-80.1308

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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