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Property profile & analytics
OFF-MARKET Estimated value $1,460,000
Retail space

2031 Wilton Dr Wilton Manors, FL 33305-2168

6,652 SF 0.34 ac lot Built 1956
Entity Owned 11-yr Hold ~ Est. High Equity
Property ID
US18-0863987
Property summary
AI-generated overview

This exceptional restaurant opportunity is located at 2031 Wilton Dr, Unit 1, Wilton Manors, FL 33305. The 1,940 square foot space boasts a newly built-out interior, complete with a fully equipped kitchen featuring a grease trap, hood system, and ample refrigeration. All existing equipment and furniture are included in the $200,000 asking price, making this a truly turnkey operation. The current beer and wine license is in place, and there's potential to expand outdoor seating to qualify for a Special Food Service (SFS) liquor license. The lease, currently at approximately $6100 per month all-inclusive, runs through 2025 with two five-year renewal options extending to 2035. This prime location on high-traffic Wilton Drive offers exceptional visibility and foot traffic, making it an ideal spot for a thriving restaurant business. The property is situated in Broward County and presents a rare chance to establish or relocate a restaurant in a vibrant and established commercial area. This is a fantastic opportunity for an entrepreneur seeking a well-equipped, established space with significant growth potential. Don't miss out on this chance to own a successful restaurant in a prime Wilton Manors location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1956
Construction CONCRETE
Total area 6,652 SF
Lot 0.34 ac (15,022 SF)
Zoning code A & E DISTRICT
APN 49-42-27-05-0050
UPID US18-0863987
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.73M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.46M
Owner & transaction history
Dee 2031 Property LLC · 11 yrs held
Dee 2031 Property LLC
since 2014
4 recorded transactions
2014
Price N/A
1997
$323,800
1969
Price N/A
1969
Price N/A
Zoning & alternative use
A & E DISTRICT · Wilton Manors, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $2.3M +0.4%
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