Wilton Manors, FL 33305

Property

Ownership: For Sale
Type: Duplex
Pets: No Pets Allowed

Financials

Price:$1,129,000
Annual Taxes:$17,247
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of London Foster Realty

Investor Opportunity Turnkey Wilton Manors Duplex Fully remodeled and operating as a high performing short term rental, this two unit property at 1416 1420 NE 23rd Street generates approximately 140, ...

Description

Investor Opportunity – Turnkey Wilton Manors Duplex Fully remodeled and operating as a high-performing short-term rental, 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.

Amenities

  • CableAvailable
  • LessThanQuarterAcre

Neighborhood

More listings:

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.