Ground-Floor End-Cap Retail
2301 Wilton Dr Wilton Manors, FL 33305
For Sale
$650,000
Pending
Ground-floor retail condo with end-cap positioning and tenant-occupied status, with zoning supporting office, medical, or Arts & Entertainment uses.
Property Size1,985 SF
Days on Market2680
Property Features for 2301 Wilton Dr
General Information
Standard status
Pending
Size
1,985 SF
Property subtype
General Commercial
Listing Agency:
(954) 406-7476
Listed By:
The Keyes Company
(954) 406-7476
Source:
Xome
Added: Mar 29, 2019
Changed: Jul 26
Last Checked: Jul 26 at 9:51AM
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 The Keyes Company
Investment Insights
Based on property information with market context.
This ground-floor retail condo includes an end-cap configuration intended to enhance visibility. The space is currently tenant occupied, and the lease allows cancellation with four months’ notice.
Located on Wilton Drive in Wilton Manors, the property is described as being in an active pedestrian area with frequent weekend foot traffic.
Per the provided information, the property is zoned for the Arts & Entertainment District. The space can be used for an office, medical facility, or other Arts & Entertainment uses.
Located on Wilton Drive in Wilton Manors, the property is described as being in an active pedestrian area with frequent weekend foot traffic.
Per the provided information, the property is zoned for the Arts & Entertainment District. The space can be used for an office, medical facility, or other Arts & Entertainment uses.
Key Highlights
- Ground‑floor retail condo on Wilton Drive in the heart of Wilton Manors
- End‑cap positioning for the ground‑floor retail space
- Zoned for the Arts & Entertainment District (A&E uses)
Financial Insights For Retail
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 | $52.4k | $26.40 |
| − Vacancy | −$4.5k | −$2.24 |
| EGI | $47.9k | $24.16 |
| − OpEx | −$14.4k | −$7.25 |
| NOI | $33.6k | $16.91 |
1,985 SF · lease $26.40/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$479.5K
$419.6K – $559.4K
NOI $33,565 @ 7.0% cap · market cap 5.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.01M
$881.2K – $1.17M
NOI $70,495 @ 7.0% cap · market cap 10.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Fanny Flowers — 699 E Oakland Park Blvd, Oakland Park, FL 33334
- Zen orchids and tropicals — ne 33305, 1209 NE 24th St, Wilton Manors, FL 33305
Frequently Asked Questions
What type of property is this?
Storefront property - Ground-floor retail condo with end-cap positioning and tenant-occupied status, with zoning supporting office, medical, or Arts & Entertainment uses.
Where is this storefront property located?
The property is located at 2301 Wilton Dr Wilton Manors, FL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Ground‑floor retail condo on Wilton Drive in the heart of Wilton Manors; End‑cap positioning for the ground‑floor retail space; Zoned for the Arts & Entertainment District (A&E uses)
