Comp Sale YN: No
Listing Date: 2022-06-25
Status: Closed
Original List Price: 7900000
Sold Price: $8,105,000
Current Price: $8,105,000
County Or Parish: Broward
County Parish Name: Broward
City Name: Wilton Manors
Postal Code: 33305
Geographic Area: FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700)
Property Description: Retail, restaurants and office
Country: United States
Street Number: 2205-2227
Street Name: Wilton
Street Suffix: Drive
State Or Province: FL
Postal Code +4: 2131
Area: 3370
Parcel Number: 494226060030
Zoning: B-2
Directions: GPS address 2205 Wilton Drive Wilton Manors FL 33305
Number Of Units Total: 11
Leasable Area: 21400
Occupant Type: Tenant
Lot Size Area: 48969
Stories Total: 1
Property Sub Type: Business
Year Built: 1963
Parking Total: 74
Lot Size Acres: 1.62
Ownership Type: Sole Proprietor
Buyer Financing: Cash
Major Change Timestamp: 2022-08-29T10:24:36Z
Major Change Type: Status Change
Status Change Date: 2022-09-21
Under Contract Date: 2022-07-11
Close Date: 2022-08-29
Close Price: 8105000
101-200 Amp Service: 1
220 Volts: 1
Separate Meters: 1
Three Phase: 1
Aerial Photo(s): 1
Books & Records: 1
Number Of Meters Total: 11
Anchored Center: 1
Central Business District: 1
City Location: 1
Near Airport: 1
Shopping Center: 1
# Of Bays: 11
# Of Tenants: 11
# Of Toilets: 11
Ceiling Height Varies: 1
Insulated: 1
Exterior Maintenance: 1
HVAC Maintenance: 1
Inside Insurance: 1
Interior Electric: 1
Sales Tax: 1
Sewer: 1
Trash Collection: 1
Water: 1
Gross Income: 724587
Utilities Expense: 54000
Vacancy Allowance Rate: 0
Occupancy Percentage: 100
Insurance Expense: 34000
Manager Expense: 21000
Net Operating Income: 454197
Other Expense: 270390
Unit Type: Shop(s)
Units Total: 11
Annual Rent: 0
Appointment Only: 1
See Remarks: 1
Original List Price To Close Price: 1.02
Tax Annual Amount: 118317
Tax Year: 2021
Tax Legal Description: RE-AMENDED PLAT OF WILTON MANORS 23-17 B LOT A LESS W 30,LOTS 7 TO 11 BLK 47
Originating System Key: 556028888
Originating System ID: M00000170
Business Type: Commercial
Ceiling: Ceiling Height Varies; Insulated
Common Area Maintenance Includes: Exterior Maintenance; HVAC Maintenance; Inside Insurance; Interior Electric; Sales Tax; Sewer; Trash Collection; Water
Documents Available: Aerial Photo(s); Books & Records
Electric: 101-200 Amp Service; 220 Volts; Separate Meters; Three Phase
Heating: Central Individual
Location of Property: Anchored Center; Central Business District; City Location; Near Airport; Shopping Center
Parking Features: Assigned
Possession: Negotiable
Property Condition: Resale
Sale Includes: Land
Source Of Expenses: Owner Provided
Construction Materials: CBS
Cooling: Central Individual
Listing Terms: Cash
Road Frontage Type: City Street
Roof: Other
Sewer: Public Sewer
Water Source: Public
Showing Requirements: Appointment Only; See Remarks
Contingencies: None