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$ 750,000
Est. payment /mo
Active
1518-1522 NE 4th Ave Fort Lauderdale, FL 33304
1,850 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 1,850 sqft
Price per Sqft $405
MLS Listing ID A11992794
HOA Y/N No
Year Built 1976
Annual Tax Amount $8,455
Lot Size 6,248 Sqft
Property Sub-Type Retail
Property Description
TTriumphant Commercial Group is pleased to exclusively offer Wilton Drive Plaza, a ±1,850 SF three-unit retail strip center at 1518–1522 NE 4th Avenue, Fort Lauderdale, FL. Located one block south of Wilton Manors, and home to Broward County's officially designated Arts & Entertainment District. This property sits at the center of major developments, with over $200 million in mixed-use development approved, under construction, or in planning within a one-mile radius.
This is not a traditional passive investment. Wilton Drive Plaza is purpose-positioned for an owner-user: an entrepreneur, medical or professional office operator, boutique retailer, or restaurant concept looking to control occupancy costs, eliminate long-term lease exposure, collect supplemental rental income from adjacent units, and build equity in one of South Florida's most supply-constrained urban corridors.
The property currently operates with three month-to-month tenants, giving a new owner immediate flexibility to occupy one, two, or all three units while maintaining cash flow. For the right buyer, this is the opportunity to transition from tenant to owner in a high-demand market backed by strong demographics. Opportunities like this don't last.
This is not a traditional passive investment. Wilton Drive Plaza is purpose-positioned for an owner-user: an entrepreneur, medical or professional office operator, boutique retailer, or restaurant concept looking to control occupancy costs, eliminate long-term lease exposure, collect supplemental rental income from adjacent units, and build equity in one of South Florida's most supply-constrained urban corridors.
The property currently operates with three month-to-month tenants, giving a new owner immediate flexibility to occupy one, two, or all three units while maintaining cash flow. For the right buyer, this is the opportunity to transition from tenant to owner in a high-demand market backed by strong demographics. Opportunities like this don't last.
Location
State FL
County Broward
Area 3370
Direction GPS
Exterior
Private Pool Yes
Building
Story 1
Level or Stories One
Others
Tax ID 494234018010
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11992794
Listed by Triumphant Commercial Group LL
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