Office/Medical Corner
1800 NE 26th Street Wilton Manors, FL 33305
1800 NE 26th Street, Wilton Manors, FL, 33305
$2,825,000
For Sale
$2,825,000
Office/medical building with open workspace layout, ample parking, and 41' of water frontage.
Property Size4,777 SF
Price / SF$591.38
Days on Market683
Property Features for 1800 NE 26th Street
General Information
- Standard status
- Active
- Size
- 4,777 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1965
Listing agency
Intracoastal Realty Group, Inc
(561) 350-7261
Listed by
Vincent Vigliotti · License #SL3238539
(561) 350-7261
Source
Xome
Added: Sep 8, 2024 Updated: Jul 21 at 9:09PM Checked: Jul 22 at 3:43AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Intracoastal Realty Group, Inc
Investment Insights
Based on property information with market context.
This office/medical building offers 4,777 square feet of interior space with a versatile layout that includes open work areas designed for collaboration. The property sits on a large corner lot and is supported by ample parking.
The building’s exterior features include a new metal roof installed in 2023, along with impact windows and doors. The site also provides 41 feet of water frontage.
For buyers evaluating occupancy or redevelopment options, the improvements and functional open-plan configuration support a range of professional uses consistent with the property’s office/medical positioning. The property is also listed for lease (RX-11023016), and the owner will consider a lease with option to buy.
The building’s exterior features include a new metal roof installed in 2023, along with impact windows and doors. The site also provides 41 feet of water frontage.
For buyers evaluating occupancy or redevelopment options, the improvements and functional open-plan configuration support a range of professional uses consistent with the property’s office/medical positioning. The property is also listed for lease (RX-11023016), and the owner will consider a lease with option to buy.
Key Highlights
- 4,777 SF office/medical building on a large corner lot with open workspace layout
- 41' water frontage with water access and canal access
- Ample parking available on site
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $217.8k | $45.60 |
| − Vacancy | −$49.0k | −$10.26 |
| EGI | $168.8k | $35.34 |
| − OpEx | −$42.2k | −$8.84 |
| NOI | $126.6k | $26.51 |
4,777 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.81M
$1.58M – $2.11M
NOI $126,614 @ 7.0% cap · market cap 4.48%
Second Best
Healthcare Medical
$899.2K
$786.8K – $1.05M
NOI $62,942 @ 7.0% cap · market cap 2.23%
Theoretical Best
Office A
$2.42M
$2.12M – $2.83M
NOI $169,650 @ 7.0% cap · market cap 6.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
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FAQs
What type of property is this?
Office building - Office/medical building with open workspace layout, ample parking, and 41' of water frontage.
Where is this office building located?
The property is located at 1800 NE 26th Street Wilton Manors, FL.
What is the asking price?
The asking price for this property is $2,825,000.
What are key features of this property?
This property features: 4,777 SF office/medical building on a large corner lot with open workspace layout; 41' water frontage with water access and canal access; Ample parking available on site
