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1417 NE 26th Drive, Wilton Manors FL 33334

Commercial Recently Sold
$3,075,000

BTC: 47.84130688

ETH: 1,616.17541942

Sold on: 2021-11-15
19 days
0 room(s)

Overview

SUPERB opportunity to acquire a 16 Unit Apartment Building in the HEART of WILTON MANORS, situated rightopposite Wilton Station. This SOLID INCOME PRODUCING building is extremely well maintained with annualtenants and an opportunity to turn into SHORT TERM / VACATION RENTALS if desired. Property consists of 2Buildings (8 units in each building), 3 x 2 Bed 1 Bath Apts and 13 x 1 Bed, 1 Bath Apts, Laundry Facilities onsite, Swimming Pool & Gated Entrance (1 building), plus NEW ROOFS, HURRICANE IMPACT WINDOWS, &RENOVATED Interiors. Each unit has its own electric meter plus house meters. Current Gross Annual Income of $240,000 with HUGE opportunity to increase. 2020 Net Operating Income of $165,000 (plus Laundry Income).

Location

Details

Type:
Commercial Sale
Parking:
Assigned
Year Built:
1970
Lot:
0.50 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$2,300,000
$1.7M – $3.7M
Confidence Low
List vs. estimate
$875K above estimate
List $3,175,000 · +38.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
7 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$20,613
2020
Parking
19 spaces
All facts and features
  • Flooring

    • Tile

  • Parking

    • Assigned

    Lot

    • Lot: 0.50 Acres

    Other Property Information

    • Parcel Number: 494226170970

    • Zoning: RM-16

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Multi Family

  • Other financial information

    • Annual tax amount: $20,613

  • Source details

    • MLS ID: F10298856

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: City Location / In Residential Area / Fenced

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Century 21 Hansen Realty Inc