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Property profile & analytics
OFF-MARKET Estimated value $570,000
Office buildings

2600 Andrews Ave Wilton Manors, FL 33311-2510

1,072 SF 0.2 ac lot Built 1952
Individually Owned 5-yr Hold ~ Est. High Equity
Property ID
US18-0294008
Property summary
AI-generated overview

This exceptional mixed-use property at 2600 N Andrews Ave, Wilton Manors, FL 33311, presents a compelling investment opportunity. The property consists of two single-story buildings totaling 1,094 square feet, constructed in 1971. Boasting a highly visible location at a major intersection, it benefits from an impressive annual average daily traffic count of 22,000 vehicles. The TOCW zoning allows for a diverse range of commercial uses, including professional, medical, and legal services. This flexibility, combined with the potential for expansion up to three stories, offers significant development upside. Situated in the thriving community of Wilton Manors, Broward County, this property is ideally positioned to capitalize on the area's growth and strong commercial activity. The asking price is $1,200,000. This is a rare chance to acquire a well-located, versatile commercial property with substantial future potential in a desirable Florida market. The property's prime location and flexible zoning make it an attractive investment for both established businesses and forward-thinking developers. Don't miss this opportunity to secure a foothold in a vibrant and growing community.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1952
Construction CONCRETE
Total area 1,072 SF
Lot 0.2 ac (8,798 SF)
Zoning code B-2
APN 49-42-27-13-0190
UPID US18-0294008
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
$790k
CAP Approach CAP
$505k
Comparable Approach Comparable
$371k
Blend (final) Blend
$570k
Owner & transaction history
Scott Reiter · 5 yrs held
Scott Reiter
since 2021
Last sale
$599,000
7 recorded transactions
2021
$599,000
2018
Price N/A
2007
$492,000
2003
$223,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
B-2 · Wilton Manors, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $870,000 +225.0%
Neighborhood: shopping center $805,000 +201.7%
Medical building $500,000 +86.9%
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