1416 NE 23rd St, Wilton Manors, FL 33305
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
Listed by: yick wong kit montes
Office: london foster realty
MLS#:A11908735
Source:SEFMLS
Price summary
- Price:$1,129,000
- Price per sq. ft.:$552.89
About this home
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.
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Home facts
- Year built:1960
- Listing ID #:A11908735
- Updated:November 14, 2025 at 11:05 AM
Rooms and interior
- Living area:2,042 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Roof:Shingle
- Year built:1960
- Building area:2,042 sq. ft.
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,129,000
- Price per sq. ft.:$552.89
- Tax amount:$17,247 (2024)
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