2500 Wilton DrWilton Manors, FL 33305

Property Details for 2500 Wilton Dr

Year built

2011

Construction

CONCRETE

Lot size

0.13 AC

Property size (Sq ft)

3,929 SF

Zone code

A & E DISTRICT

Property type

Investment properties

Property subtype

Retail residential properties

APN

49-42-26-05-1050

APU

494226051050

Description

This exceptional commercial property, located at 2500 Wilton Drive in Wilton Manors, Florida, presents a unique investment opportunity. Built in 2011 and renovated in 2017, this two-story building offers a total of 5,664 square feet of space, including a 1,764 square foot rooftop. The property boasts five well-equipped bathrooms, perfect for high-traffic businesses. An elevator ensures convenient access to both floors. The building also features dedicated bar spaces, ideal for entertainment or social functions, and a fully equipped restaurant kitchen, ready for immediate food and beverage operations. A versatile rooftop lounge provides panoramic views and additional space for various uses. This property's adaptable design makes it suitable for a wide range of commercial ventures. Its prime location in Wilton Manors, surrounded by thriving shops and businesses, and just minutes from the beach, offers unparalleled convenience and visibility. The asking price is $1,890,000. This is an exceptional opportunity for ownership or investment in a vibrant and desirable area. The property is situated in Broward County, Florida, zip code 33305.

• CAP approach

  CAP return

  Valuation

  6%

  $1,448,450

  6.5%

  $1,337,031

  7%

  $1,241,529

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,799,093

  Geo Method

  $1,799,093

• Alternative Use

  Use

  Valuation

  Residential

  $1,337,031

  Hospitality

  $1,224,713

  Educational

  $1,018,947

  Medical

  $1,053,990

  Retail

  $1,585,028

Location Insight

City

Wilton Manors

County

Broward

State

Florida

Latitude

26.1588

Longitude

-80.1328

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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