1416 NE 23rd St, Wilton Manors FL 33305
  • $1,099,000

Overview

MLS ID: A11908735
  • 2042 Square Feet
  • Area Size

Description

Investor Opportunity – Turnkey Wilton Manors Duplex
Fully remodeled and operating as a high-performing short-term rental, each unit has its own separate pool to boast, this two-unit property at 1416–1420 NE 23rd Street generates approximately $140,000 in annual revenue, offering both immediate cash flow and long-term appreciation in one of Fort Lauderdale’s most desirable submarkets. With strong historical occupancy and professional management in place, the property delivers an estimated cap rate 11% depending on operating expenses. Located minutes from Wilton Drive, beaches, and downtown, this is a rare chance to acquire a proven income-producing asset in a rapidly appreciating neighborhood.

Details

Updated on February 9, 2026 at 1:47 am
  • MLS ID A11908735
  • Price $1,099,000
  • Property Size 2042 Square Feet
  • Year Built 1960
  • Property Type Duplex
  • Property Status Residential Income

Additional details

  • MLS Status Active
  • Building Name EDGEWATER ESTATES 1ST ADD
  • Total Building Area 2042
  • Building Area Units Square Feet
  • Cooling Central Air
  • Heating Central
  • Flooring Ceramic Floor
  • Roof Shingle
  • Pool 1
  • Pool Features Other
  • Parking Total 4
  • Construction Materials Concrete Block Construction
  • Stories 1
  • Lot Features Less Than 1/4 Acre Lot
  • Lot Size Square Feet 0
  • Style Duplex
  • Rent Includes Electricity
  • Sewer Public Sewer
  • Type of Association None
  • Zoning RD-10
  • Tax Annual Amount 17247
  • Tax Year 2024
  • Days On Market 95
  • Address: 23rd St
  • City: Wilton Manors
  • State/county: Broward County
  • Zip/Postal Code: 33305

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