ESTATE SALE | 2300 NE 6th Avenue presents a rare VALUE ADD opportunity to acquire a fully occupied, mixed use multifamily property located at a high visibility, signalized intersection within Wilton Manors Arts & Entertainment District. Built in 1971, the two story building totals approximately 8,379 square feet on a 13,683 square foot parcel and is comprised of 8 two bedroom, one bath units, one studio and a retail suite operating as a bar generating stable cash flow with below market rents that offer immediate value add potential. Situated within B 2 zoning and an Arts & Entertainment Overlay, the property benefits from flexible mixed use entitlements, making it well positioned for repositioning, adaptive reuse, or continued multifamily operation. Rent is more than 20% below market.
ESTATE SALE | 2300 NE 6th Avenue presents a rare VALUE ADD opportunity to acquire a fully occupied, mixed use multifamily property located at a high visibility, signalized intersection within Wilton Manors Arts & Entertainment District. Built in 1971, the two story building totals approximately 8,379 square feet on a 13,683 square foot parcel and is comprised of 8 two bedroom, one bath units, one studio and a retail suite operating as a bar generating stable cash flow with below market rents that offer immediate value add potential. Situated within B 2 zoning and an Arts & Entertainment Overlay, the property benefits from flexible mixed use entitlements, making it well positioned for repositioning, adaptive reuse, or continued multifamily operation. Rent is more than 20% below market.
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