Restaurant and Office Building with
For Sale
$1,900,000
2500 Wilton Dr, Wilton Manors, FL 33305
Two full levels and a rooftop bar/lounge provide flexible space for dining, kitchen operations, and office or events.
Property Size3,929 SF
Price / SF$483.58
Days on Market294
Property Features for 2500 Wilton Dr
General Information
Standard status
Active
Size
3,929 SF
Property subtype
Mixed Use
Zoning
AE District
Taxes and HOA fees
Annual Taxes
$29,703
Building Details
Building Size
3,929 SF
Year Built
2012
Stories
2
Listing Agency:
Keller Williams Legacy
Listed By:
Marilia Rodrigues · License #3456982
(954) 358-6000
Source:
Relinkre
Added: Dec 5, 2025
Changed: Sep 24
Last Checked: Sep 24 at 6:12PM
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 Keller Williams Legacy
Investment Insights
Based on property information with market context.
This property totals 3,929 square feet and is laid out across two full levels plus a rooftop lounge. The first floor is suited for a coffee shop or café concept, with an open setup that can also support event-style use. The second floor is described as being ready for a professional restaurant kitchen, and the rooftop level includes a bar and lounge arrangement. Additional features include an elevator and five bathrooms.
The building is positioned in the heart of Wilton Drive in Wilton Manors, with remarks noting it is surrounded by boutique shops and top-rated restaurants. The rooftop level is described as offering sweeping skyline views of Fort Lauderdale, Oakland Park, and Wilton Manors, and the property is described as being minutes to the beach. Zoning is listed as AE District.
With its on-site kitchen capability, multiple levels, and flexible open space, the layout can accommodate conventional restaurant or café users as well as operators looking to incorporate coworking or private event programming. The elevator and multiple restrooms help support day-to-day tenant and customer flow across floors.
The building is positioned in the heart of Wilton Drive in Wilton Manors, with remarks noting it is surrounded by boutique shops and top-rated restaurants. The rooftop level is described as offering sweeping skyline views of Fort Lauderdale, Oakland Park, and Wilton Manors, and the property is described as being minutes to the beach. Zoning is listed as AE District.
With its on-site kitchen capability, multiple levels, and flexible open space, the layout can accommodate conventional restaurant or café users as well as operators looking to incorporate coworking or private event programming. The elevator and multiple restrooms help support day-to-day tenant and customer flow across floors.
Key Highlights
- Built in 2012, commercial property with 3,929 total square feet across two full levels plus a rooftop level
- Rooftop level includes a bar and lounge setup
- First floor offers space suitable for a coffee shop or cafe
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$75,637
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.98%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,512,740
$1.5M
Cap Rate 7%
$1,080,529
$1.1M
Cap Rate 9%
$840,411
$840.4K
Market Conditions
NOI Build-Up for 3,929 SF
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.
Gross rent
$108.4K $27.60/SF
− Vacancy
−$7.6K −$1.93/SF
EGI
$100.8K $25.67/SF
− OpEx
−$25.2K −$6.42/SF
NOI
$75.6K $19.25/SF
Area
Broward County, FL
Vacancy
7.00%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,512,740
Cap Rate 7%
$1,080,529
Cap Rate 9%
$840,411
Alternative Uses
Best Use
Specialty Retail
$1.08M
$945.5K – $1.26M
NOI $75,637 @ 7.0% cap · market cap 3.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.99M
$1.74M – $2.33M
NOI $139,534 @ 7.0% cap · market cap 7.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,204
Businesses Nearby
80k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 41%
Groceries 35%
Dining 23%
Beauty & Spa 1%
Publix
Groceries
28,296 visits/mo
0.2 miles
7-Eleven
Shops & Services
13,050 visits/mo
0.3 miles
Starbucks
Dining
9,224 visits/mo
0.3 miles
Dunkin' Donuts
Dining
6,778 visits/mo
0.1 miles
Wells Fargo
Shops & Services
6,747 visits/mo
0.1 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Papa Dukes Deli — 1952 Wilton Dr, Wilton Manors, FL 33305
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- WFM Coffee Bar — 2000 N Federal Hwy, Fort Lauderdale, FL 33305
Frequently Asked Questions
What type of property is this?
Coffee shop - Two full levels and a rooftop bar/lounge provide flexible space for dining, kitchen operations, and office or events.
Where is this coffee shop located?
The property is located at 2500 Wilton Dr Wilton Manors, FL.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Built in 2012, commercial property with 3,929 total square feet across two full levels plus a rooftop level; Rooftop level includes a bar and lounge setup; First floor offers space suitable for a coffee shop or cafe
