2420-2426 N Dixie Hwy Active Save Request In-Person Tour Request Virtual Tour
Wilton Manors,FL 33305
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
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
Acceptable Financing Cash,Conventional,Cryptocurrency
Listing Terms Cash,Conventional,Cryptocurrency