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Flex Space with Warehouse Area

2412 N Dixie Highway #2412, Wilton Manors, FL 33305

For Sale
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Central air conditioning serves a flex property with office and warehouse areas, an overhead door, and a separate entrance.

Property Size3,300 SF
Price / SF$0.64
Days on Market53

Property Features for 2412 N Dixie Highway #2412

General Information

Standard status Active
Size 3,300 SF
Total Parking Spaces 1
Property subtype Business

Building Details

Year Built 1960
Listing Agency: Royal Realty Investment Group
Listed By: Mario R Baldizon · License #3094793
Source: Wycliffecommunityrealty
Added: Sep 16 Changed: Nov 6 Last Checked: Nov 6 at 5:25PM

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 Royal Realty Investment Group

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The 3,300-SF flex property includes 1,200 SF of open office area, a separate office and a bathroom, with the remaining space used for warehouse area. Central air conditioning serves the property. A 10x10 overhead hurricane-proof door and a separate main entrance provide access, and one parking space is located at the front.

The property is at 2412 N Dixie Highway in Wilton Manors, Florida.

Key Highlights

  • 3,300 SF property with 1,200 SF of open office area
  • Remaining area is warehouse space
  • 10x10 overhead hurricane‑proof door

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$35,626
Suggested Prices Based on Cap Rates
Cap Rate 5%
$712,520 $712.5K
Cap Rate 7%
$508,943 $508.9K
Cap Rate 9%
$395,844 $395.8K
Market Conditions
NOI Build-Up for 3,300 SF
Gross rent
$53.9K $16.32/SF
− Vacancy
−$3.0K −$0.90/SF
EGI
$50.9K $15.42/SF
− OpEx
−$15.3K −$4.63/SF
NOI
$35.6K $10.80/SF
Area
Broward County, FL
Vacancy
5.50%
Lease Rate
$16.32 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$712,520
Cap Rate 7%
$508,943
Cap Rate 9%
$395,844

Alternative Uses

Best Use
Flex RnD
$1.04M
$907.3K – $1.21M (±1% cap)
NOI $72,587 @ 7.0% cap · market cap 3,456.52%
Second Best
Retail
$797.1K
$697.5K – $930.0K (±1% cap)
NOI $55,800 @ 7.0% cap · market cap 2,657.14%
Theoretical Best
Office A
$1.67M
$1.46M – $1.95M (±1% cap)
NOI $117,196 @ 7.0% cap · market cap 5,580.76%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Parking Lot & Garage Butcher Daycare Center Tanning Salon Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,037
Businesses Nearby
Under-served
Demand for This Use

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

Market

Average Price Trend$/SF for Flex space in Broward County, FL

$256 Jul
$282 Aug
$317 Sep
$317 Oct

Properties on Market for Flex space in Broward County

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Similar Off Market Nearby

  • Kitchen Candy — 748 NE 13th Ct, Fort Lauderdale, FL 33304
  • Pizzeria Magaddino — 1105 NE 13th St, Fort Lauderdale, FL 33304
  • Table Manors Supper Club — Wilton Dr, Wilton Manors, FL 33311
  • Funky Farm Bros — 2406 Dixie Hwy, Wilton Manors, FL 33305
  • Creative Elegance Catering LLC. — ne 4th avenue and, ne 16th st, fort lauderdale, fl 33334

Frequently Asked Questions

What type of property is this?
Flex space - Central air conditioning serves a flex property with office and warehouse areas, an overhead door, and a separate entrance.
Where is this flex space located?
The property is located at 2412 N Dixie Highway #2412 Wilton Manors, FL.
What are key features of this property?
This property features: 3,300 SF property with 1,200 SF of open office area; Remaining area is warehouse space; 10x10 overhead hurricane‑proof door
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Includes: Price & PSF · Cap rate · Location · Zoning

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