Entity Owned 
For Sale
1 / 17
$2,750,000
2010 Wilton Dr,Unit Wilton, Fort Lauderdale, FL 33305
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Property summary
AI-generated overview
This exceptional 4,460-square-foot, two-story restaurant and bar space is available for lease in the vibrant Wilton Manors Arts & Entertainment District. Located on Wilton Drive, this 2023-renovated property boasts a 65-foot frontage, maximizing visibility to the 11,500 vehicles passing daily. The fully equipped space includes two full liquor bars (with a transferable license), a sushi station, beer taps, a full kitchen, ample refrigeration, four private bathrooms, an ADA-compliant elevator, a manager's office, and a hand-washing station. Nine on-site parking spaces are complemented by nearby public parking at City Hall and Hagen Park. The property sits on a 7,960-square-foot lot (.182 acres) and features a unique rooftop lounge, offering a memorable customer experience. The building's prime location within the Arts & Entertainment District ensures high foot traffic and proximity to numerous restaurants, shops, and other attractions. Property taxes are $4.84 per square foot. This turnkey operation presents a rare opportunity to establish a thriving business in a highly desirable location. The building was constructed in 1972 and underwent a complete renovation in 2023. The zoning is Arts and Entertainment District (A&E Zoning), and the APN is 4942-27-08-0040.
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1962
Construction
CONCRETE
Total area
1,474 SF
Lot
0.18 ac (7,960 SF)
Zoning code
A & E DISTRICT
APN
49-42-27-08-0040
UPID
US18-4845191
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.72M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.96M
Blend (final)
Blend
$1.94M
Owner & transaction history
since 2025
Last sale
$2.2M
2 recorded transactions
Zoning & alternative use
A & E DISTRICT · Wilton Manors, FL
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 3 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.94M
Value range
$1.74M – $2.13M
±10% around blend
Estimated value / SF
$1,313 / SF
Confidence
Low
3 county-verified comps
Property data
100
Market benchmarks
33
Comparable evidence
30
Income certainty
100
$1.74M
blend $1.94M
$2.13M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
1,474 SF
Lot area
0.18 ac
Year built
1962
Stories
1
APN
49-42-27-08-0040
Zoning
A & E DISTRICT
Assessed value
$945,480
Annual tax
$21,616
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$21,616
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$1.72M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
9.2 mi away · 1,200 SF
18.5 mi away · 1,133 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.94M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 147 sales
$841
+56%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $1,313/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
Selected market yield
3.26%
Selected cap rate for this turn key restaurants
Derived from the Fort Lauderdale market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 3.26%
9.0%
NOI (est.)
$90k *
Last sale · Dec 2025
$2.15M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.75M
Move the market yield to see immediate price impact.
Value / SF
$1,868
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
2.76%3.26%3.76%
$81k
$2.93M
$2.48M
$2.15M
$90k
$3.25M
$2.75M
$2.39M
$99k
$3.58M
$3.03M
$2.63M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$2.10M
2.5 mi · Feb 2026 · $1,146/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$21,616
Tax year 2023
Assessed value
$945,480
Assessed 2023
Previous assessed
$945,480
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$159,200
Assessed improvement
$786,280
Land market value
$159,200
Improvement market value
$786,280
Total market value
$945,480
Applied tax rate
912.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
For Sale
Year built
1962
Construction
CONCRETE
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Total area
1,474 SF
Lot
0.18 ac (7,960 SF)
Zoning code
A & E DISTRICT
APN
49-42-27-08-0040
UPID
US18-4845191
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
A & E DISTRICT · Wilton Manors, FLZoning A & E DISTRICT · permitted uses
A & E DISTRICT · Wilton Manors, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1962
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
0.18 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
A & E DISTRICT
Jurisdiction
Wilton Manors, FL
Recorded code
A & E DISTRICT
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for A & E DISTRICT in Wilton Manors, FL.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
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See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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