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Property profile & analytics
OFF-MARKET Estimated value $2,700,000
Retail space

2605 Andrews Ave 2613 Wilton Manors, FL 33311-2509

2,497 SF 1.31 ac lot Built 1941
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-4122635
Property summary
AI-generated overview

This exceptional 1.31-acre parcel at 2605 N Andrews Ave, Wilton Manors, FL, presents a remarkable investment opportunity. Zoned TOC-W, the property allows for the development of up to 70 residential units across four stories, maximizing density and return. Located in the vibrant city of Wilton Manors, Broward County, this prime site benefits from a supportive development environment and a dynamic community atmosphere. The 33311 zip code offers convenient access to local amenities and major transportation routes. The substantial lot size provides ample space for a thoughtfully designed residential project that can address the area's housing demand. This development opportunity allows for innovative design and community engagement, promising long-term value and a positive impact on the South Florida landscape. The property's potential for high-density residential construction makes it an attractive proposition for developers seeking to capitalize on the growing demand for housing in this desirable location. The maximum building height of four stories offers flexibility in design while adhering to local zoning regulations. This is a unique chance to create a significant residential development in a thriving South Florida community.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1941
Construction CONCRETE
Total area 2,497 SF
Lot 1.31 ac (57,209 SF)
Zoning code B-2
APN 49-42-27-00-0220
UPID US18-4122635
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
$2.70M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.70M
Owner & transaction history
2605 Property LLC · 1 yrs held
2605 Property LLC
since 2024
Last sale
$2.7M
3 recorded transactions
2024
$2.7M
2024
Price N/A
2024
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 $2.0M +222.5%
Neighborhood: shopping center $1.9M +199.4%
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