1416 NE 23rd St, Wilton Manors FL 33305

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.

This duplex home located at 1416 NE 23rd St, Wilton Manors FL 33305 is currently for sale and has been available on Brickellsold for 95 days. This property is listed at $1M. It has N/A beds, N/A bathrooms, and is 2042 square feet. It was built in 1960. 1416 NE 23rd St, Wilton Manors FL 33305 is in Wilton Manors county Broward County.