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1416 23rd St
Broward, Edgewater Estates 1st Add, Wilton Manors, FL
FOR SALE
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