2605 N Andrews Ave, Wilton Manors, FL 33311
2605 N Andrews Ave, Wilton Manors, FL 33311
2605 N Andrews Ave, Wilton Manors, FL 33311
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$4,900,000
Est. payment /mo
6,342 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 6,342 sqft

Price per Sqft $772

MLS Listing ID A12104050

HOA Y/N No

Year Built 1941

Annual Tax Amount $43,775

Lot Size 1.313 Acres

Property Sub-Type Retail

Property Description

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.

Location

State FL

County Broward

Area 3431

Zoning B-2

Exterior

Private Pool Yes

Building

Lot Description Flood Zone

Others

Tax ID 494227000220

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12104050


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Miami Association of Realtors (SEFMIAMI MLS)
Listed by APEX Capital Realty LLC

NEARBY SCHOOL & BUSINESS

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William Gartin

William Gartin

+1(305) 842-6097

Agent License ID: 3422133

Agent License ID: 3422133

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