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520 NE 27th Street

Wilton Manors

Potential, potential, potential! Estate-condition mid-century modern home on a 10,456 square foot corner lot just a few minutes' walk to Wilton Drive. 3 bedrooms, 2 bathrooms, interior laundry room, existing slab of 1,790 square feet, carport slab of 248 square feet. Sunset Manors is one of the hottest neighborhoods in Broward County, the house across the street is undergoing a complete renovation and remodel, the area is gentrifying fast. Ideal opportunity for a developer - redeveloped homes in the area have sold for as much as $400 per square foot and more, and large lots close to Wilton Drive are indeed a rare entity.

Why You'll Love This Home

In the same family for nearly 30 years, this home is a diamond in the rough, ripe for a renovation from top to bottom, inside and out. With a location that can't be beat - less than 1/2 mile from the amenities of Wilton Drive, itself undergoing a renovation and revitalization reminiscent of Las Olas Boulevard some decades ago - the 10,456 square-foot corner lot is one of the largest in the area, with plenty of room for a garage and a pool and more.

The Sunset Manors neighborhood has been experiencing a burst of redevelopment; nearby homes are worth well over a million dollars, and given its location and lot size, this property has the same potential.

Don't judge this book by its cover; judge it by what it can and should be: Yours.

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Front elevation
Side elevation
Kitchen
Great Room
Kitchen
Dining room
520 NE 27th Street
Click here for more details on this property. 520 NE 27th Street, Wilton Manors 33334. Offered at $320,000.
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About the Area

Wilton Manors is undergoing a renaissance - a rebirth - as a top international tourist destination, a calm place to stay but a short ride from Miami and all its excitement and cultural attractions. No need to travel far to the beaches, however: one top attraction, Sebastian Beach, is a mere 5 miles, or 20 minutes, away.

In December 2016 the city completed its 2016-2021 Master Economic Development Strategic Plan, currently being implemented to achieve the shared vision of what the city will be. One of its key findings is that 77% of the city's housing stock was built between 1950 and 1979, meaning there are opportunities galore for developers to move in. Estate-condition properties like this one, on large lots and within walking distance to nightlife, are particularly attractive investments as more and more wealthy retirees decide to spend their golden years in the warmth of the South Florida sun.
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