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2605 N Andrews Ave - Covered Land 1 Acre of Commercial Land Offered at $4,424,000 CAD in Wilton Manors, FL 33311
INVESTMENT HIGHLIGHTS
- Prime Frontage on North Andrews Ave – one of Broward County’s major north-south commercial corridors corridors.
- Strategic Location – Minutes from Wilton Drive, Flagler Village, and downtown Fort Lauderdale
- By-Right Development 79 Units - Ideal for multifamily or mixed-use developers.
- Coin laundry must remain on site.
EXECUTIVE SUMMARY
The site is currently improved with a freestanding coin laundry in the front and a separate, vacant office space in the rear. The seller—who operates the coin laundry—must remain on site and is proposing a 99-year lease at a nominal rate. However, the seller is open to structuring the deal via a ground lease or by parceling off the coin laundry. This presents a unique opportunity for a developer to acquire a prime site with by-right zoning for up to 79 residential units—without any impact to the allowable density or buildable area.
Whether an investor is looking to land bank or break ground immediately on a new residential project, 2605 N Andrews Ave offers unmatched flexibility, visibility, and long-term value in the heart of East Broward.
PROPERTY FACTS
| Price | $4,424,000 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Total Lot Size | 1.00 AC |
| No. Lots | 1 | No. Stories | 1 |
| Property Type | Land | ||
| Zoning | TOC - W | ||
| Price | $4,424,000 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 1.00 AC |
| No. Stories | 1 |
| Zoning | TOC - W |
1 LOT AVAILABLE
Lot
| Price | $4,424,000 CAD | Lot Size | 1.00 AC |
| Price Per AC | $4,424,000.17 CAD |
| Price | $4,424,000 CAD |
| Price Per AC | $4,424,000.17 CAD |
| Lot Size | 1.00 AC |
DESCRIPTION
Apex Capital Realty is proud to present a rare opportunity to acquire a strategically located development site in the heart of Wilton Manors,right off of the highly-trafficked North Andrews Avenue, one of Broward County’s Most vital commercial arteries. The site is currently improved with a freestanding coin laundry in the front and a separate small office space in the rear The seller proposes to remain as the long-term operator of the coin laundry under a 99-year lease at nominal rent, providing a developer with a unique opportunity to acquire a well-located site that, by right, permits the development of up to 79 residential units—all at a highly attractive land basis. Whether an investor is looking to land-bank or break ground immediately on a new residential project, 2605 N Andrews Ave offers unmatched flexibility, visibility, and long-term value in the heart of East Broward.
PROPERTY TAXES
| Parcel Number | 49-42-27-00-0220 | Improvements Assessment | $1,014,955 CAD |
| Land Assessment | $694,248 CAD | Total Assessment | $1,709,203 CAD |
PROPERTY TAXES
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2605 N Andrews Ave - Covered Land
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