Single-Story Fourplex
2500 NW 3RD Avenue Wilton Manors, FL 33311
New
For Sale
$1,400,000
MULTI_FAMILY - Wilton Manors, FL
Property Size3,184 SF
Lot Size0.17 Acres
Price / SF$439.70
Days on Market2
Property Features for 2500 NW 3RD Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Zoning
- RM-16
- Rooms
- Bathroom 1, Bathroom 2
- Window features
- Plantation Shutters, Blinds
- Patio and Porch features
- Patio, Porch
- Pets allowed
- Yes, Dogs OK, Cats OK
- Exterior features
- Garden
- Fencing
- Privacy
- Standard status
- Active
- APN
- 494227010090
- Size
- 3,184 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- BEULALAND 7-33 B LOT 12 BLK 1
- Tax Annual Amount
- 15105
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Ceiling Fan(s), Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1960
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Laminate, Tile
- Building materials
- Block, CBS, Stone, Stucco
- Roof type
- Shingle
Listing Agency:
Alrei Real Estate Services LLC
(954) 918-3594
Listed By:
Reinaldo Cunha · License #3227983
(954) 918-3594
Added: Jul 24
Changed: Jul 25
Last Checked: Jul 25 at 7:06PM
MLS# B26056320
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This single-story fourplex offers four income-producing units within a total of 3,184 square feet. The property is being sold as-is, and the submission includes an as-is contract plus the required addendum and proof of funds/pre-approval letter.
Located in Wilton Manors in Broward County, the property is described as being minutes from Wilton Drive, Downtown Fort Lauderdale, shopping, dining, beaches, and major highways.
Zoned RM-16, this four-unit multifamily property provides a straightforward income-producing setup for investors seeking a small rental portfolio or for an owner-occupant arrangement where feasible.
Located in Wilton Manors in Broward County, the property is described as being minutes from Wilton Drive, Downtown Fort Lauderdale, shopping, dining, beaches, and major highways.
Zoned RM-16, this four-unit multifamily property provides a straightforward income-producing setup for investors seeking a small rental portfolio or for an owner-occupant arrangement where feasible.
Key Highlights
- Single‑story fourplex investment property built in 1960 with 3,184 SF and four income‑producing units
- Block (CBS), stone, and stucco construction with shingle roof
- Central air plus electric heating; ceiling fans included
Financial Insights For Multifamily LT 5
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 | $80.2k | $25.20 |
| − Vacancy | −$4.4k | −$1.39 |
| EGI | $75.8k | $23.81 |
| − OpEx | −$22.7k | −$7.14 |
| NOI | $53.1k | $16.67 |
3,184 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$758.2K
$663.5K – $884.6K
NOI $53,077 @ 7.0% cap · market cap 3.79%
Second Best
Apartment 5plus
$699.5K
$612.1K – $816.1K
NOI $48,968 @ 7.0% cap · market cap 3.50%
Theoretical Best
Office A
$1.62M
$1.41M – $1.88M
NOI $113,076 @ 7.0% cap · market cap 8.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Quadplex - Single-story fourplex with four income-producing units on a 0.17-acre lot in RM-16 zoning.
Where is this quadplex located?
The property is located at 2500 NW 3RD Avenue Wilton Manors, FL.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Single‑story fourplex investment property built in 1960 with 3,184 SF and four income‑producing units; Block (CBS), stone, and stucco construction with shingle roof; Central air plus electric heating; ceiling fans included
