Edgewater Estates 1St Add Duplex For Sale
1416 Ne 23rd St, Wilton Manors, FL 33305

$1,129,000
New For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11908735
  • Virtual Tour: YES
  • List Price: $1,129,000
  • Living Area: 2042 Ft² / 190 M²
  • Price Per Foot/Meter: $553 / $5,951
  • Taxes:$17,247
  • Year Built:1960
  • Listing Date:November 5, 2025
  • Days On Market:17

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.

Features


  • Floor:CeramicTile
  • Exterior Feature:

Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker