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Retail Space with Loading Door

2424 N Dixie Highway, Wilton Manors, FL 33305

For Sale
Contact for pricing

A flexible retail interior includes central air conditioning, a restroom, and rear loading access.

Property Size3,357 SF
Price / SF$0.69
Days on Market41

Property Features for 2424 N Dixie Highway

General Information

Standard status Active
Size 3,357 SF
Property subtype Retail

Amenities

Impact Windows & Glass Doors
Rear Overhead Door
Exposed Elevated Ceilings
Bathroom
Central AC

Building Details

Year Built 1965
Construction modern
Listing Agency: Metro Premier Properties
Listed By: Deborah L Goedde · License #502471
Source: Wycliffecommunityrealty
Added: Sep 28 Changed: Nov 6 Last Checked: Nov 6 at 5:58PM

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 Metro Premier Properties

Rey
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Investment Insights

Based on property information with market context.

This 3,357-square-foot retail space has an open interior shell, exposed elevated ceilings, a restroom, and central air conditioning. The exterior has been renovated with impact-rated windows and glass entry doors, and a rear overhead door provides loading access.

Built in 1965, the property sits along a pedestrian corridor with eateries, artist galleries, studios, and other retail businesses.

Key Highlights

  • 3,357 square feet of retail space
  • Renovated facade with impact windows and glass doors
  • Rear overhead door for loading access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$56,764
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,135,280 $1.1M
Cap Rate 7%
$810,914 $810.9K
Cap Rate 9%
$630,711 $630.7K
Market Conditions
NOI Build-Up for 3,357 SF
Gross rent
$88.6K $26.40/SF
− Vacancy
−$7.5K −$2.24/SF
EGI
$81.1K $24.16/SF
− OpEx
−$24.3K −$7.25/SF
NOI
$56.8K $16.91/SF
Area
Broward County, FL
Vacancy
8.50%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,135,280
Cap Rate 7%
$810,914
Cap Rate 9%
$630,711

Alternative Uses

Best Use
Retail
$810.9K
$709.6K – $946.1K (±1% cap)
NOI $56,764 @ 7.0% cap · market cap 2,468.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.70M
$1.49M – $1.99M (±1% cap)
NOI $119,220 @ 7.0% cap · market cap 5,183.48%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Retail 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
244k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 36% Groceries 28% Dining 17% Electronics 16%
Whole Foods Market Groceries
47,327 visits/mo 0.5 miles
Best Buy Electronics
40,123 visits/mo 0.4 miles
Barnes & Noble Shops & Services
21,655 visits/mo 0.4 miles
Total Wine & More Groceries
21,459 visits/mo 0.5 miles
Chase Bank Shops & Services
19,134 visits/mo 0.4 miles

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 Retail space in Broward County, FL

$331 Jul
$289 Aug
$240 Sep
$237 Oct

Properties on Market for Retail space in Broward County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - A flexible retail interior includes central air conditioning, a restroom, and rear loading access.
Where is this retail space located?
The property is located at 2424 N Dixie Highway Wilton Manors, FL.
What are key features of this property?
This property features: 3,357 square feet of retail space; Renovated facade with impact windows and glass doors; Rear overhead door for loading access
Research This Page with AI

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Includes: Price & PSF · Cap rate · Location · Zoning

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