- $1,099,000
Overview
- 2042 Square Feet
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
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Price $1,099,000
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Property Size 2042 Square Feet
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Year Built 1960
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Property Type Duplex
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Property Status Residential Income
Additional details
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MLS Status Active
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Building Name EDGEWATER ESTATES 1ST ADD
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Total Building Area 2042
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Building Area Units Square Feet
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Cooling Central Air
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Heating Central
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Flooring Ceramic Floor
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Roof Shingle
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Pool 1
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Pool Features Other
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Parking Total 4
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Construction Materials Concrete Block Construction
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Stories 1
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Lot Features Less Than 1/4 Acre Lot
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Lot Size Square Feet 0
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Style Duplex
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Rent Includes Electricity
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Sewer Public Sewer
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Type of Association None
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Zoning RD-10
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Tax Annual Amount 17247
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Tax Year 2024
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Days On Market 95
Features
Address
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Address: 23rd St
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City: Wilton Manors
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State/county: Broward County
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Zip/Postal Code: 33305
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