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Updated Multifamily Property

1925 - 1929 Ne 26th St, Wilton Manors, FL 33305

For Sale
$795,000

Renovated interiors pair with private outdoor space and in-unit laundry for residential rental use.

Property Size1,700 SF
Price / SF$467.65
Days on Market91

Property Features for 1925 - 1929 Ne 26th St

General Information

Standard status Active
Size 1,700 SF

Amenities

modern interiors
remodeled kitchens with quartz countertops
updated bathrooms
in-unit laundry
central A/C
private outdoor space

Building Details

Year Built 1954
Listing Agency: NRH Real Estate
Listed By: Muriel Attilus
Source: Mymiahomes
Added: Aug 16 Changed: Oct 25 Last Checked: Oct 7 at 2:04PM

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 NRH Real Estate

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Investment Insights

Based on property information with market context.

This updated multifamily property in Wilton Manors features refreshed residential interiors with remodeled kitchens, quartz countertops, and modernized bathrooms. Each residence includes in-unit laundry, central A/C, and private outdoor space, providing a practical combination of convenience and upgraded finishes.

The property is located at 1925 NE 26th St, with access to Fort Lauderdale’s beach, downtown, and FLL Airport described as just minutes away. The improvements and amenity package support continued use as a multifamily rental property.

Key Highlights

  • Updated multifamily property in Wilton Manors
  • Remodeled kitchens with quartz countertops
  • Updated bathrooms and modern interiors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,977
Cap Rate
3.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$519,540 $519.5K
Cap Rate 7%
$371,100 $371.1K
Cap Rate 9%
$288,633 $288.6K
Market Conditions
NOI Build-Up for 1,700 SF
Gross rent
$50.0K $29.40/SF
− Vacancy
−$2.7K −$1.62/SF
EGI
$47.2K $27.78/SF
− OpEx
−$21.3K −$12.50/SF
NOI
$26.0K $15.28/SF
Area
Broward County, FL
Vacancy
5.50%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$519,540
Cap Rate 7%
$371,100
Cap Rate 9%
$288,633

Alternative Uses

Best Use
Apartment 5plus
$371.1K
$324.7K – $433.0K (±1% cap)
NOI $25,977 @ 7.0% cap · market cap 3.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$862.5K
$754.7K – $1.01M (±1% cap)
NOI $60,374 @ 7.0% cap · market cap 7.59%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

2,037
Businesses Nearby

Demographics for 33305, FL

12,044
Population
8,285
Households
1.5
Avg Household Size
52
Median Age
54%
College-Educated
96%
High-School Grad
2.2 sq mi
ZIP Area
5,475
Density / Sq Mi
$89,944
Median Household Income
$60,924
Median Earnings
$1,850
Median Rent
$558,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Multifamily properties in Wilton Manors, FL

$503 Jul
$499 Aug
$573 Sep
$525 Oct

Properties on Market for Multifamily properties in Wilton Manors

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Renovated interiors pair with private outdoor space and in-unit laundry for residential rental use.
Where is this multifamily property located?
The property is located at 1925 - 1929 Ne 26th St Wilton Manors, FL.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Updated multifamily property in Wilton Manors; Remodeled kitchens with quartz countertops; Updated bathrooms and modern interiors
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