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    1749 26th St Wilton Manors, FL 33305-1428
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    Property profile & analytics

    1749 26th St, Wilton Manors, FL 33305-1428

    View on Map
    • Office buildings
    • 7,950 SF
    • 0.48 lot acres
    Off-Market
    Last Sale Mar 20, 2025
    $1,925,000
    Property ID
    US18-4552953
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $2,165,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 1749 26th St

    Year built
    1973
    Construction
    CONCRETE
    Lot size
    0.48 lot acres
    Zone code
    B-2
    Property type
    Office buildings
    APN
    49-42-26-00-0050
    APU
    494226000050

    Description

    This exceptional 7,950 square foot medical office building, located at 1749 NE 26th St in Wilton Manors, Florida, presents a prime investment opportunity. Currently 80% occupied, this Class B building features seven units ranging in size from 200 to 1,000 square feet, offering flexibility for both owner-users and investors. The property is situated in a high-visibility location within the B-2 Central Business District zoning of Broward County, ensuring excellent accessibility and exposure. Ample parking is provided with 32 spaces available for tenants and visitors. The building is offered for sale by owner at $2,050,000 with a Net Net Net (NNN) lease structure in place. The property consists of one building on a single lot, making it an ideal investment for those seeking a well-maintained, established medical office complex in a thriving Florida community. The 33305 zip code offers convenient access to major transportation routes and local amenities. This is a rare opportunity to acquire a multi-tenant medical office building with significant upside potential. The current lease structure provides a steady income stream, while the individual unit sizes allow for diverse tenant occupancy. Don't miss this chance to own a piece of Wilton Manors' vibrant commercial landscape.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,459,000
      Market price range: $846k - $2.71M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $3,015,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Wilton Manors
    County
    Broward
    State
    Florida
    Longitude
    -80.1238
    Latitude
    26.16
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $33,878
    $252,000
    $1,430,550
    $1,682,550
    -
    $252,000
    $1,430,550
    $1,682,550

    Comparable in this City

    • Value Estimation
      $1,050,000
      3,079 SF

      2206 26th St

      OFFICE BUILDING (MULTI-STORY)
      2206 26th St, Wilton Manors, FL 33305-1538
      View Details
    • Value Estimation by Request
      11,357 SF

      1765 26th St

      OFFICE BUILDING (MULTI-STORY)
      1765 26th St, Wilton Manors, FL 33305-1438
      View Details
    • Value Estimation
      $935,000
      2,301 SF

      1001 26th St

      PROFESSIONAL BUILDING
      1001 26th St, Wilton Manors, FL 33305-1243
      View Details
    • Value Estimation
      $660,000
      1,812 SF

      710 26th St

      OFFICE BUILDING
      710 26th St, Wilton Manors, FL 33305-1238
      View Details
    • Value Estimation
      $890,000
      2,855 SF

      2101 26th St

      OFFICE BUILDING
      2101 26th St, Wilton Manors, FL 33305-1535
      View Details
    • Value Estimation
      $1,730,000
      6,432 SF

      819th Ne 26th St

      OFFICE BUILDING
      819th Ne 26th St, Wilton Manors, FL 33305-1239
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      7,018 SF

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      7,018 SF office building with 16 parking spaces.
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    • $2,299,000
      3,929 SF

      Mixed-Use Property in Wilton Manors

      Commercial property with rooftop lounge in vibrant Wilton Drive.
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      Fort Lauderdale Beach Mixed-Use Space

      Mixed-use space for sale in Fort Lauderdale Beach.
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      Creative Office and Retail Property

      Premier Fort Lauderdale property in active corridor, ideal for investors.
      1471 Northeast 26Th St, Fort Lauderdale, FL 33305
      View Details
    • New
      $1,450,000
      0.32 Acres

      Corner Lot Ready for Redevelopment

      Large corner lot in Wilton Manors ready for redevelopment.
      1100 NE 23Rd Dr, Wilton Manors, FL 33305
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Creative Office Space in Fort Lauderdale

      Modern creative office space in the heart of Fort Lauderdale.
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      View Details
    • $3,450 /Mo
      7,000 SF

      Wilton Manors Office Space

      Second floor office space in Wilton Manors for rent.
      1732 NE 26Th St, Wilton Manors, FL 33305
      View Details
    • Contact for pricing
      2,815 SF

      Retail Properties in Palm Beach

      Eleven retail properties available for rent in Florida.
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      View Details
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    Wilton Manors, FL 33305-1428
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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    1749 26th St, Wilton Manors, FL, 33305
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