FL > Wilton Manors > Edgewater Estates 1St Add
Wilton Manors, FL 33305,1416 NE 23rd St
Wilton Manors, FL 33305,1416 NE 23rd St
Wilton Manors, FL 33305,1416 NE 23rd St
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$1,129,000
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2,042 SqFt
Active

1416 NE 23rd St Wilton Manors, FL 33305

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Sammy Hernandez

Sammy Hernandez

+1(786) 203-8671

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,042 sqft

Price per Sqft $552

Subdivision Edgewater Estates 1St Add

MLS Listing ID A11908735

HOA Y/N No

Year Built 1960

Annual Tax Amount $17,247

Tax Year 2024

Property Sub-Type Duplex

Property 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.

Location

State FL

County Broward

Community Edgewater Estates 1St Add

Area 3370

Interior

Heating Central

Cooling Central Air

Flooring Ceramic Tile

Exterior

Pool Other, Pool

Utilities Available Cable Available

Roof Type Shingle

Total Parking Spaces 4

Private Pool Yes

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Level or Stories One

Structure Type Block

Others

Tax ID 494226300050

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11908735

Miami Association of Realtors (SEFMIAMI MLS)
Listed by London Foster Realty
Sammy Hernandez

+1(786) 203-8671

sammysellsmiami@gmail.com

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1416 NE 23rd St

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