Mixed-Use Property with Rooftop
For Sale
$1,900,000
2500 Wilton Dr, Wilton Manors, FL 33305
Commercial Sale, Wilton Manors, FL
Property Size3,929 SF
Lot Size0.13 Acres
Price / SF$483.58
Days on Market21
Property Features for 2500 Wilton Dr
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
A & E DI
Parking
10
Parking features
Covered
Subdivision
3370
Standard status
Active
APN
494226051050
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
WILTON MANORS UNIT 1 AMD PLAT 15-1 B THAT PT OF BLK 29 DESC AS, BEG AT INTERSEC OF WLY & NLY BNDRIES OF BLK 29,ELY 151.22, SLY 80,WLY 151.22
Tax Annual Amount
29703
Legal Description
WILTON MANORS UNIT 1 AMD PLAT 15-1 B THAT PT OF BLK 29 DESC AS, BEG AT INTERSEC OF WLY & NLY BNDRIES OF BLK 29,ELY 151.22, SLY 80,WLY 151.22
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
2012
Floors in Building
3
Flooring type
Tile - Ceramic
Building materials
Block
Roof type
Concrete
Listing Agency:
Keller Williams Legacy · Keller Williams Realty
(954) 358-6000
Listed By:
Marilia Rodrigues · License #3456982
(754) 269-6923
Added: Aug 2
Changed: Aug 19
Last Checked: Aug 22 at 7:06PM
MLS# A11923542
Copyright © 2026 Miami REALTORS®. 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.
Located at 2500 Wilton Dr in Wilton Manors, this 3,929-square-foot mixed-use property includes two full levels and a rooftop lounge. The layout provides open commercial areas, a restaurant kitchen, five bathrooms, and elevator service. The first level is suited to café or coffee-shop operations, while the second level includes space for restaurant use. Flexible areas can accommodate events, coworking, or office functions.
The rooftop bar and lounge offers views toward the Fort Lauderdale, Oakland Park, and Wilton Manors skylines. The property sits within the A&E District and is surrounded by boutique shops and restaurants, with the beach located minutes away. Built in 2012, the building features block construction, ceramic tile flooring, central air conditioning, electric heat, covered parking, public water, and public sewer.
The rooftop bar and lounge offers views toward the Fort Lauderdale, Oakland Park, and Wilton Manors skylines. The property sits within the A&E District and is surrounded by boutique shops and restaurants, with the beach located minutes away. Built in 2012, the building features block construction, ceramic tile flooring, central air conditioning, electric heat, covered parking, public water, and public sewer.
Key Highlights
- 3,929 SF mixed‑use property on 0.13 acres
- Two full levels plus a rooftop lounge and bar setup
- Restaurant kitchen, elevator, and 5 bathrooms
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
Mixed Use
$968.2K
$847.2K – $1.13M
NOI $67,775 @ 7.0% cap · market cap 3.57%
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
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,204
Businesses Nearby
80k
Monthly Visits Nearby
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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-level commercial setting with a restaurant kitchen, elevator, five bathrooms, and flexible areas for events or office use.
Where is this mixed-use property 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: 3,929 SF mixed‑use property on 0.13 acres; Two full levels plus a rooftop lounge and bar setup; Restaurant kitchen, elevator, and 5 bathrooms
