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    2201 14 Ave Wilton Manors, FL 33305

    Sponsored
    For Sale
    $2,700,000

    Nine-unit apartment building, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Exceptional investment opportunity awaits in Wilton Manors, Florida. This meticulously maintained 9-unit apartment building, located at 2201 NE 14th Ave, boasts a desirable address in Broward County (zip code 33305). Built in 1959, the property comprises eight modern one-bedroom, one-bathroom units, each featuring a private backyard patio, and one spacious two-bedroom, one-bathroom unit. Recent upgrades include a brand-new roof, hurricane-proof windows, and a fully completed 40-year recertification. Furthermore, the entire electrical service system has been upgraded for optimal efficiency and safety. All units are currently 100% leased on annual leases, providing immediate and consistent rental income. The property also includes a convenient on-site coin-operated washer and dryer. Central air conditioning is standard in all units. This turnkey investment is situated in a highly sought-after area, offering easy access to a vibrant array of shopping, dining, and entertainment options. The single-story building presents a low-maintenance opportunity with strong potential for future appreciation. The asking price is $2,700,000.

    Property Features for 2201 14 Ave

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1959
    Stories
    1
    Units
    9

    HighLights

    • Exceptional Wilton Manors investment opportunity: 9‑unit apartment building at 2201 NE 14th Ave, Broward County (33305).
    • Nine units total: eight 1BR/1BA with private patios, and one 2BR/1BA.
    • Recently renovated: new roof, hurricane‑proof windows, and completed 40‑year recertification. Electrical system upgraded.
    • 100% occupied with annual leases, providing immediate income. On‑site laundry.
    • Turnkey investment in a prime location with strong potential for appreciation. Asking price: $2,700,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wilton Manors
    County
    Broward
    State
    Florida
    Longitude
    -80.1297807
    Latitude
    26.1562361

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    FAQs

    What type of property is this?
    Multifamily property - Nine-unit apartment building, prime location.
    Where is this multifamily property located?
    The property is located at 2201 14 Ave Wilton Manors, FL.
    What is the asking price?
    The asking price for this property is $2,700,000.
    What are key features of this property?
    This property features: Exceptional Wilton Manors investment opportunity: 9-unit apartment building at 2201 NE 14th Ave, Broward County (33305).; Nine units total: eight 1BR/1BA with private patios, and one 2BR/1BA.; Recently renovated: new roof, hurricane-proof windows, and completed 40-year recertification. Electrical system upgraded.
    Request Owner's contact information
    2201 14 Ave Wilton Manors, FL 33305
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2201 14 Ave Wilton Manors, FL 33305
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