Price Reduced 8.33%
Price History
$1,500,000
8/28/2024
$1,375,000
10/22/2024
$1,500,000
10/23/2024
$1,375,000
10/24/2024
2420-2426 N Dixie Hwy, Wilton Manors, FL, 33305
1965
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".
Status:
Active
Type:
Commercial
Units:
4
Zoning:
TOC SOUT
Cooling:
Central Air
Est. Taxes:
$11,452
Days on Market:
63
MLS #:
A11645293
Community Info
School Info
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Listing courtesy of Compass Florida, LLC. Phone: 305-851-2820