FOR SALE

1416 23rd St

Broward, Edgewater Estates 1st Add, Wilton Manors, FL

Asking

$1,129,000

BTC

13.109

ETH

381.20

Home Size
2,042 sq. ft.
Year Built
1960
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.

LOADING

Location

Market Area
Broward
Neighborhood
EDGEWATER ESTATES 1ST ADD

Agent

Yick Wong Kit Montes

+1 310 910 1722

Contact Email

[email protected]