2600 Andrews AveWilton Manors, FL 33311

Property Details for 2600 Andrews Ave

Year built

1952

Construction

CONCRETE

Lot size

0.20 AC

Property size (Sq ft)

1,072 SF

Zone code

B-2

Property type

Office properties

Property subtype

Office buildings

APN

49-42-27-13-0190

APU

494227130190

Description

This exceptional mixed-use property at 2600 N Andrews Ave, Wilton Manors, FL 33311, presents a compelling investment opportunity. The property consists of two single-story buildings totaling 1,094 square feet, constructed in 1971. Boasting a highly visible location at a major intersection, it benefits from an impressive annual average daily traffic count of 22,000 vehicles. The TOCW zoning allows for a diverse range of commercial uses, including professional, medical, and legal services. This flexibility, combined with the potential for expansion up to three stories, offers significant development upside. Situated in the thriving community of Wilton Manors, Broward County, this property is ideally positioned to capitalize on the area's growth and strong commercial activity. The asking price is $1,200,000. This is a rare chance to acquire a well-located, versatile commercial property with substantial future potential in a desirable Florida market. The property's prime location and flexible zoning make it an attractive investment for both established businesses and forward-thinking developers. Don't miss this opportunity to secure a foothold in a vibrant and growing community.

• CAP approach

  CAP return

  Valuation

  6%

  $318,709

  6.5%

  $294,193

  7%

  $273,179

• Comparable approach

  Method

  Valuation

  Relative Method

  $316,690

  Geo Method

  $316,690

• Alternative Use

  Use

  Valuation

  Residential

  $364,799

  Hospitality

  $334,154

  Educational

  $278,012

  Medical

  $287,574

  Retail

  $432,464

Location Insight

City

Wilton Manors

County

Broward

State

Florida

Latitude

26.1594

Longitude

-80.1462

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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