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    2905 6 Ave Wilton Manors, FL 33334

    For Sale
    $3,600,000

    Thriving Wilton Manors location, high occupancy.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional investment opportunity presents a 14-unit retail center situated in the vibrant city of Wilton Manors, Florida, at 2905 NE 6th Avenue, zip code 33334. Built in 1973, this property boasts a prime location directly across from the new Sprouts Shopping Center, ensuring high visibility and foot traffic. Currently 100% occupied with six tenants, the center offers significant potential for increased revenue as current rental rates are below market value. This presents a unique chance to capitalize on the strong demand in this area. The property's address is 2905 NE 6th Avenue, Wilton Manors, Broward County, Florida. Financing options are available for qualified buyers. The property consists of fourteen individual units, currently occupied by six tenants. Please note that tenant contact is strictly prohibited. This is a highly sought-after investment opportunity and is expected to sell quickly. The asking price is $3,600,000. Lot size information is not available.

    Property Features for 2905 6 Ave

    General Information

    Property type
    Office Properties & Spaces

    Building Details

    Year Built
    1973

    HighLights

    • $3,600,000 asking price.
    • Office property.
    • 1973 construction.
    • Located at 2905 NE 6th Avenue, Wilton Manors, FL 33334.
    • 100% occupied retail center with 14 stores and 6 tenants; rents below market.
    • Financing available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    International Grocers Vaporizer Store Bitcoin Depot ATM Atm Western Union Money Transfer Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Wilton Manors
    County
    Broward
    State
    Florida
    Longitude
    -80.1386022
    Latitude
    26.164367

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    FAQs

    What type of property is this?
    Office Property / Space - Thriving Wilton Manors location, high occupancy.
    Where is this office property / space located?
    The property is located at 2905 6 Ave Wilton Manors, FL.
    What is the asking price?
    The asking price for this property is $3,600,000.
    What are key features of this property?
    This property features: $3,600,000 asking price.; Office property.; 1973 construction.
    Request Owner's contact information
    2905 6 Ave Wilton Manors, FL 33334
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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
    2905 6 Ave Wilton Manors, FL 33334
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