2420-2426 N Dixie Hwy Wilton Manors, FL 33305

FOR SALE - Active
$1,375,000
$1,500,000 (8.3%)

Overview

  • Status: Active
  • Bed(s) No info
  • Bath(s)
  • Half Bath(s) 0
  • Parking No info
  • Size: 3,357 ft2/311.88 m2
  • Price Per: $409.59 ft2/$4,408.81 m2
  • Type: Commercial/Investment
  • Built: 1965
  • HOA: No info
  • MLS Number: A11645293
  • View No info
  • On Site: 115 days
  • Updated: Listing Refreshed: 52 Days Ago

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".

Price History

DateEventPriceChange RatePrice Per
10/22/2024Price Reduced$1,375,000.008.3%$409.59 ft2/$4,408.81 m2
08/28/2024Listed$1,500,000.00$446.83 ft2/$4,809.61 m2

Contact Information

Tracey Schmitt
Real Estate Advisor
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
Contact Advisor
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