1416 NE 23rd St, Wilton Manors, FL 33305

Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
1416 NE 23rd St,Wilton Manors, FL 33305
$1,129,000
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  • - Beds
  • - Baths
  • 2,042 sq. ft.
  • Multi-family
  • Active
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:December 17, 2025 at 12:44 PM

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)
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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