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Edgewater Estates, 1416 NE 23rd St #1-2, Wilton Manors, FL, 33305
1,129,000(-2.66% )
2,042SqFt
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Details
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Status:
Active
Size: 2,042 SqFt (190 m2)
Price: $538/SqFt ($5,793/m2)
Type: Multi Family
Built: 1960
MLS Number: A11908735
On Site: 112 Days
Updated: 17 Days ago
Page Views: 0
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
Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central
        • Cooling Description: CentralAir
        Building and Construction
        • Floor Description: CeramicTile
        • Year Built: 1960
        • Year Built Description: Effective Year Built
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2025-11-05T14:27:04.000-00:00
          Taxes, Fees & More
          • Taxes: 17247
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          Price History
          02/08/2026
          Date
          Price Reduced
          Event
          $1.1M
          Price
          -2.66%
          Change Rate
          $538 ft2 / $5,793 m2
          Price Per
          11/05/2025
          Date
          Listed
          Event
          $1.1M
          Price
          $553 ft2 / $5,951 m2
          Price Per
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Yick Wong Kit MontesLondon Foster Realty • Buyer Agency Compensation .
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