Excellent investment and development opportunity in highly desirable Wilton Manors! This 4-unit multifamily property is fully leased, providing immediate rental income for an investor. Ideally located near the heart of Wilton Manors, the property offers the flexibility to continue operating as an income-producing rental or explore its potential as a redevelopment site for a new residential housing project. A rare opportunity to acquire a fully occupied property with both current income and future development possibilities in one of South Florida's most sought-after communities. Potential buyers can view the property from exterior without disturbing the current tenants. Arrangements can be made with notice to view the interior with extremely interested buyers.
| MLS # | B26065075 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1959 |
| Days On Site | 22 |
| Listing Provided By | Better Homes & Gdns RE Fla 1st | Raymond M Brown |
| SQ Feet | 2,499 |
|---|---|
| Story(s) | 1 |
| Units | 4 |
| Zoning | RM-16 |
| Acreage | 0.18 |
| Property View | Other, Water |
| Lot Features | Less Than One Acre, Less Than Quarter Acre |
|---|
| Tax Annual Amount | 16634 |
|---|
| State | FL |
|---|---|
| County | Broward |
| City | Wilton Manors |
| Zip Code | 33305 |
| Area | 37 |
| Subarea | Ft Ldale NE (3240 3270;3350 3380;3440 3450;3700) |
| Community Name | EDGEWATER ESTATES 1ST ADD |
| Listing VS Median (in EDGEWATER ESTATES 1ST ADD) | |
Price: $875,000 low | high Med: $785,000 sqft: 2,499 low | high Med: 1,485 $ / sqft: $350 low | high Med: $529 On site: 22 low | high Med: 40 | |
| State | FL |
|---|---|
| County | Broward |
| City | Wilton Manors |
| Zip Code | 33305 |
| Area | 37 |
| Subarea | Ft Ldale NE (3240 3270;3350 3380;3440 3450;3700) |
| Community Name | EDGEWATER ESTATES 1ST ADD |
| Listing VS Median (in EDGEWATER ESTATES 1ST ADD) | |
Price: $875,000 low | high Med: $785,000 sqft: 2,499 low | high Med: 1,485 $ / sqft: $350 low | high Med: $529 On site: 22 low | high Med: 40 | |