Edgewater Estates 1 St Add

Highlights:

• Lot Features: Less Than 1/4 Acre Lot
• Documents Available: Accounting Statements, Financial Statement
• Architectural Style: Attached
• Cooling: Central Air
• Heating: Central
• Flooring: Ceramic Floor
• Construction Materials: Concrete Block Construction

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.

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Listing ID: A11908735