Basic Information
- MLS # A11908735
- Type Duplex / Quad Plex / Triplex
- Subdivision/Complex Edgewater Estates 1st Add
- Year Built 1960
- Total Sqft 2,042
- Date Listed 11/05/2025
- Days on Market 34
Investor Opportunity – Turnkey Wilton Manors Duplex Fully remodeled and operating as a high-performing short-term rental, 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.
Exterior Features
- Waterfront No
- Parking Spaces 0
- Pool Yes
- Parking Description
Interior Features
- Adjusted Sqft 2,042Sq.Ft
- Sqft 2,042 Sq.Ft
Property Features
- Aprox. Lot Size 2,042
- Furnished Info No
- Lot Description Less Than Quarter Acre
- Short Sale Regular Sale
- HOA Fees N/A
- Subdivision Complex
- Subdivision Info Edgewater Estates 1st Add
- Tax Amount $17,247
- Tax Year 2024
1416 NE 23rd St
Wilton Manors, FL 33305Similar Properties For Sale
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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: London Foster Realty. tel: 305-514-0100
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