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$800,000
Est. payment /mo
1.13 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID F10517078
Total Fin. Sqft 1111
Year Built 2007
Annual Tax Amount $8,151
Tax Year 2024
Lot Size 1.134 Acres
Property Sub-Type Commercial
Property Description
Prime Investment Opportunity on Wilton Drive. Exceptional opportunity to purchase a commercial condominium in the heart of Wilton Manors. Located directly on Wilton Drive, this property offers outstanding visibility and heavy foot traffic in one of the area's most vibrant business districts. Longstanding tenant since May 1, 2014. Unit is leased to a well-established local business, tenant is currently in their first of three, 2-year extensions, generating a steady cash flow with a 5.0% cap rate. A solid investment with long-term potential in a high-demand location. Triple net lease in place. Easy to view.
Location
State FL
County Broward County
Area Ft Ldale Ne (3240-3270;3350-3380;3440-3450;3700)
Interior
Heating Central Building A/C
Cooling Central Building A/C
Flooring Ceramic Floor
Building
Foundation Concrete Block Construction
Sewer Public Sanitation
Water Public Water
Others
Acceptable Financing Cash, Conventional/Refinance
Listing Terms Cash, Conventional/Refinance
Virtual Tour https://www.propertypanorama.com/2301-Wilton-Dr-Wilton-Manors-FL-33305/unbranded
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Listed by RE/MAX Experience