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$699,999

For Sale - Active
812 NW 26th St, Wilton Manors, FL 33311
2 Beds
2 Baths
1,846 Square Feet
0.16 Acres Lot
Built in 1957
For Sale - Active
Units n/a
Checked: 5 hours ago
Updated: Sep 23, 2025 at 10:17AM

Investment Summary


Monthly Cash Flow
-$1,900
Cap Rate
2.9%
Cash-on-Cash Return
-14.2%
Debt Coverage Ratio
0.47
Internal Rate of Return (5 years)
-9.7%

Property Description


0.16 Acres Lot
Built in 1957
For Sale - Active
Units n/a

1957, meet 2025. Renovated 2BR/2BA pool home + two-car garage in Wilton Manors West. Antique wooden doors open to a planted courtyard at this mid-century classic. Inside are contemporary design elements such as a massive open living space, large impact windows and doors and high-end finishes throughout. The kitchen includes loads of custom cabinets, walk-in pantry and laundry room. The primary suite (former 3rd BR) spans the width of the house and includes a make-up and vanity area, en suite bath, office space, French doors to the pool deck and polished concrete floors. Mature poolside trees provide shade and sun outside year round. Sunny, roomy guest room and second full bath. All wiring is copper; all plumbing is PVC. Easy access to Wilton Drive, Downtown FTL, beaches and freeways.

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Location


Property Details


Parking

  • Description: Attached, Garage, PaverBlock, GarageDoorOpener
  • Details: Attached, Driveway, Garage, Paver Block, On Street, Garage Door Opener
  • Garage Spaces: 2
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 2

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Total): 2.0

Interior Features

  • # of Stories: 1

Exterior Features

  • Exterior Walls Materials: Stucco
  • Roof Type: Gable or Hip
  • Roof Material: Composition, Shingle
  • Pool: Yes

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 494227360020
  • Lot Size: 6883 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: OneStory
  • Year Built: 1957

Tax Information

  • Annual Tax: $17,030

Utilities

  • Water & Sewer: Public
  • Heating: Electric
  • Cooling: Central Air, Ceiling Fan(s)

Location

  • County: Broward

Listing Details


Listed by:
Christopher Benfante
Compass Florida, LLC
(917) 453-7093

Source:
BeachesMLS
MLS#: F10516300
BeachesMLS

Investment Summary


Monthly Cash Flow
-$1,900
Cap Rate
2.9%
Cash-on-Cash Return
-14.2%
Debt Coverage Ratio
0.47
Internal Rate of Return (5 years)
-9.7%

Purchase Details

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Purchase price:
$699,999
Amount financed:
-$559,999
Down payment:
$140,000
Closing costs:
$21,000
Rehab costs:
$0
Initial cash invested:
$161,000
Square feet:
1,846
Cost per square foot:
$379
Monthly rent per square foot:
$2.44

Financing Details

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Loan amount:
$559,999
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$3,586
Property tax:
$1,419
Insurance:
$315
Private mortgage insurance (PMI):
$0
Monthly payment:
$5,320

Operating Income

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% Rent Monthly Yearly
Gross rent:
$4,500 $54,000
Vacancy loss: (6%)
6% -$270 -$3,240
Operating income:
$4,230 $50,760

Operating Expenses


% Rent Monthly Yearly
Property taxes: (32%)
32%-$1,419-$17,030
Insurance: (7%)
7%-$315-$3,780
Property management: (8%)
8%-$360-$4,320
Repairs & maintenance: (5%)
5%-$225-$2,700
Capital expenditures: (5%)
5%-$225-$2,700
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (57%)
57%-$2,544-$30,530

Cash Flow


Monthly Yearly
Net operating income:
$1,686 $20,232
Mortgage payments:
-$3,586 -$43,032
Cash flow:
-$1,900 -$22,800