$1,375,000
2420-2426 N Dixie Hwy Wilton Manors, FL 33305
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$1,375,000
Est. payment /mo
3,357 SqFt
Price Dropped by $125K
2420-2426 N Dixie Hwy Wilton Manors, FL 33305
UPDATED:
10/30/2024 04:19 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 3,357 sqft
Price per Sqft $409
MLS Listing ID A11645293
HOA Y/N No
Year Built 1965
Annual Tax Amount $11,452
Tax Year 2024
Lot Size 6,110 Sqft
Property Description
Compass Commercial presents a 3,357sf flex-retail building in the emerging Wilton Manors Art District providing a stabilized 6% Cap Rate. Unparalleled visibility fronting Dixie Hwy and steps from the approved "Wilton Hotel & Pool Club" and the "Five-Points" intersection. The property is 100% leased with a synergetic tenant mix consisting of (3) art galleries and (1) Italian wine boutique. The immediate area is experiencing a transformation i.e. The "Wilton Hotel" (8-story hotel w/ rooftop pool) and additionally a 190-luxury rental project. Ownership has undergone significant updates including sealing the roof, electrical, parking lot and recertification. Do not miss out on this stable cash-flowing asset with upside situated across the street from the proposed "Wilton Hotel & Pool Club".
Location
State FL
County Broward
Area 3370
Interior
Cooling Central Air
Others
Tax ID 494226260041
Acceptable Financing Cash, Conventional, Cryptocurrency
Listing Terms Cash, Conventional, Cryptocurrency
Listed by Compass Florida, LLC.
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