Wilton Manors, FL 33305,2420-2426 N Dixie Hwy
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Wilton Manors, FL 33305,2420-2426 N Dixie Hwy
Wilton Manors, FL 33305,2420-2426 N Dixie Hwy
Wilton Manors, FL 33305,2420-2426 N Dixie Hwy
Wilton Manors, FL 33305,2420-2426 N Dixie Hwy

$1,150,000

Est. payment /mo

$1,375,000

16.4%
Est.Price: ?

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2420-2426 N Dixie Hwy Wilton Manors, FL 33305

3,357 SqFt

SOLD DATE : 01/22/2025

Key Details

Sold Price $1,150,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 3,357 sqft

Price per Sqft $342

MLS Listing ID A11645293

Year Built 1965

Annual Tax Amount $11,452

Tax Year 2024

Lot Size 6,110 Sqft

Property Sub-Type Retail

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

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Listed by Compass Florida, LLC.
Bought with Metro Premier Properties
agent

Tara Panaccione

Agent | License ID: 3299544

+1(305) 916-0597

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