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Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1941
Sq.Footage
6,342
Rare opportunity to acquire a strategically located development site in the heart of Wilton Manors, directly on highly trafficked North Andrews Avenue, one of Broward County's major north-south commercial corridors. The 1.31-acre (57,209 SF) site is improved with a freestanding coin laundry in the front and a separate office building in the rear (6,342 SF total). The sale includes the existing coin laundry operation, upgraded with all-new commercial washers and dryers and generating approximately $12,000 per month in net income, providing immediate cash flow while preparing the property for future redevelopment. A purchaser may continue operating the coin laundry, lease the operation to a third-party operator, or ultimately redevelop the site. Zoned B-2 with TOC-W future land use and by-right development potential for up to 79 residential units, ideal for multifamily or mixed-use development. Prime frontage minutes from Wilton Drive, Flagler Village and Downtown Fort Lauderdale. A compelling combination of existing income, future development potential, and flexibility.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
Area & Lot
-
Lot Size(square feet)
57,209
-
Property Type
Commercial Sale
-
Property Sub Type
Retail
Price
-
Sales Price
$4,900,000
-
Tax Amount
$43,775
-
Zoning
B-2
-
Sq. Footage
6,342
-
Price/SqFt
$772
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
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Location
County
Broward
Elementary School
Middle School
High School
Listing Courtesy of Jason Abitbol, APEX Capital Realty LLC
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Managing Broker & Founder
Jarrod Gaylis
Call Jarrod today to schedule a private showing.
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