1416 NE 23rd St Wilton Manors, FL $ 1,129,000
1416 NE 23rd St
$ 1,129,000
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1416 NE 23rd St

Wilton Manors, FL, 33305
$ 1,129,000
Bedrooms2 Baths2.0 Sq 2,042

Monthly Estimate*

$ 6,951

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Multi-Family Home for sale in Wilton Manors, FL

for $1,129,000 with 2 bedrooms and 2 full baths. This 2,042 square foot home was built in 1960.

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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Multi-Family Active

Price

$ 1,129,000

Bedrooms

2

Full Bath

2

Property Type

Multi-Family

Taxes

$ 17,247

Style

Year Built

1960

Town/City

Wilton Manors

County/Region

Broward

MLS | Web ID

A11908735

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available
Possession Close Of Escrow
Roof Shingle
Pool Features Other Pool
Construction Materials Block
Year Built 1960
Stories Count 1
Levels One
Property Subtype Duplex
Tax Year 2024
County Broward
Property Type Residential Income
Subdivision Name EDGEWATER ESTATES 1ST ADD
Rent Includes Electricity
Full Baths 2
Status Active
City Wilton Manors
Zoning Description RD-10
Number Of Units Total 1
MLS Area 3370
Lot Size Units Square Feet
Listing Terms Cash Conventional FHA
Year Built Details Effective Year Built
Tax Annual Amount 17247
MLS Area Minor Ft Ldale NE (3240-3270;3350-3380;3440-3450;3700)
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11908735
Standard Status Active
Occupancy Type Call Agent
Total Actual Rent 140000
Property Sub Type Additional Duplex
Legal Description EDGEWATER ESTATES 1ST ADD 45-2 B LOT 3
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Interior
Flooring Ceramic Tile
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
Total Bedrooms 2
Total Baths 0
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Exterior
Lot Features < 1/4 Acre
Total Parking 4
Building Area Total 2042
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
London Foster Realty

Broker

xiaowongrealtor@gmail.com

Email

Affordability Calculator

$8,389
Per Month
83%
17%
0%
Monthly Principal & Interest
$6,951
Monthly Property Taxes
$1,437
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
11/7/2025 $1,129,000 Listed Price

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1416 NE 23rd St, Wilton Manors, FL, 33305 is a Multi-Family Home for sale at $1,129,000 with 2,042 sqft. 1416 NE 23rd St has 2 bedrooms, 2.0 baths, and was built in 1960. The property's zip code is 33305 which is in Wilton Manors, FL