2605 N Andrews Avenue, Wilton Manors, FL

$4,900,000

Previous Next

1.31

Acres

About 2605 N Andrews Avenue

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 of 2605 N Andrews Avenue

MLS® # A12104050
Price $4,900,000
Acres 1.31
Year Built 1941
Type Commercial
Sub-Type Retail
Status New

Community Information

Address 2605 N Andrews Avenue
Area 3390
City Wilton Manors
County Broward
State FL
Zip Code 33311
HOPA No Hopa

Additional Information

Zoning B-2
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeAPEX Capital Realty LLC

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?