Mixed-Use Waterfront
For Sale
$2,150,000
2200 NE 26th Street, Wilton Manors, FL 33305
Ground-floor commercial bays sit below residential space, with flexible configurations for both portions of the property.
Property Size5,902 SF
Price / SF$364.28
Days on Market328
Property Features for 2200 NE 26th Street
General Information
Standard status
Active
Size
5,902 SF
Net Rentable
4,200 SF
Property subtype
Mixed Use
Taxes and HOA fees
Annual Taxes
$32,738
Building Details
Building Size
5,902 SF
Year Built
1985
Listing Agency:
Optimar International Realty
Listed By:
JOFRE GROUP | Real Estate
(305) 984-2494
Source:
Jofregroup
Added: Dec 4, 2025
Changed: Oct 27
Last Checked: Oct 26 at 3:15PM
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 Optimar International Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 5,902 SF, two-story mixed-use property combines commercial space on the ground level with residential units upstairs. The commercial floor is arranged as three bays that can be joined into two suites or one larger space. It includes three restrooms, including one ADA-compliant restroom, and a covered 320 SF deck beside the water. Upstairs, a two-bedroom unit opens onto a wraparound balcony; the layout can be divided into two residences. A separate studio is also part of the property.
The corner site is near Federal Highway and has waterfront frontage, a private dock, and a 90' seawall rebuilt in 2017. Work completed in 2012 included electrical, plumbing, flooring, and structural upgrades. Additional features include impact-resistant windows and doors, six HVAC zones, LED lighting, multiple entrances, and on-site parking. Wilton Manors, Coral Ridge, Poinsettia Heights, and Coral Point are identified nearby.
The corner site is near Federal Highway and has waterfront frontage, a private dock, and a 90' seawall rebuilt in 2017. Work completed in 2012 included electrical, plumbing, flooring, and structural upgrades. Additional features include impact-resistant windows and doors, six HVAC zones, LED lighting, multiple entrances, and on-site parking. Wilton Manors, Coral Ridge, Poinsettia Heights, and Coral Point are identified nearby.
Key Highlights
- 5,902 SF, two‑story mixed‑use property
- Three ground‑floor commercial bays can be combined into two suites or one larger space
- Upstairs includes a two‑bedroom unit and a separate studio; the larger unit can be divided into two residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$101,810
Cap Rate
4.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,036,200
$2.0M
Cap Rate 7%
$1,454,429
$1.5M
Cap Rate 9%
$1,131,222
$1.1M
Market Conditions
NOI Build-Up for 5,902 SF
Gross rent
$177.1K $30.00/SF
− Vacancy
−$14.2K −$2.40/SF
EGI
$162.9K $27.60/SF
− OpEx
−$61.1K −$10.35/SF
NOI
$101.8K $17.25/SF
Area
Broward County, FL
Vacancy
8.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,036,200
Cap Rate 7%
$1,454,429
Cap Rate 9%
$1,131,222
Alternative Uses
Best Use
Mixed Use
$1.45M
$1.27M – $1.70M
NOI $101,810 @ 7.0% cap · market cap 4.74%
Second Best
Apartment 5plus
$1.30M
$1.13M – $1.51M
NOI $90,769 @ 7.0% cap · market cap 4.22%
Theoretical Best
Office A
$2.99M
$2.62M – $3.49M
NOI $209,603 @ 7.0% cap · market cap 9.75%
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
Current Use
Location Intelligence
Trade Area within ½ mile
2,037
Businesses Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Ground-floor commercial bays sit below residential space, with flexible configurations for both portions of the property.
Where is this mixed-use property located?
The property is located at 2200 NE 26th Street Wilton Manors, FL.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: 5,902 SF, two‑story mixed‑use property; Three ground‑floor commercial bays can be combined into two suites or one larger space; Upstairs includes a two‑bedroom unit and a separate studio; the larger unit can be divided into two residences
