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$1,129,000
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Property 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.
Full Property Details
Full Property Details for 1416 NE 23rd St
General
- Price: $1,129,000
- Taxes: $17,247 (2024)
- Status: Active
- Type: Duplex
- Source: Greater_Miami
- MLS ID: A11908735
- Updated: 11/12/2025
- Added to Site: 73 day(s) ago
Rental Information
- Rent Includes: Electricity
Interior
- Flooring: Ceramic Floor
Additional Information
- Pool: Yes
- Pool Description: Other
Parking
- Total Spaces: 4
Location
- Area: Edgewater Estates 1st Add
- County: Broward County
- Subdivision: EDGEWATER ESTATES 1ST ADD
- Building Name: EDGEWATER ESTATES 1ST ADD
Community
- Community Name: Edgewater Estates 1st Add
- Units Assoc/Comm: 2
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Attached
- Structure Type: Duplex
- Detached/Attached: Detached
- Construction: Concrete Block Construction
- Roof: Shingle
- Stories/Levels: 1
- Building Size: 2042
- Square Feet: 2,042
- Living Area: 2,042 Sq. Ft.
- Year Built: 1960
Unit Information
- Units in Complex: 2
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: RD-10
Financial Considerations
- Price Per Sq. Ft.: $552.89
- Tax Amount: $17,247
- Tax Year: 2024
- Terms: All Cash, Conventional, FHA
Disclosures and Reports
- Documents Avail.: Accounting Statements, Financial Statement
- Legal Description: EDGEWATER ESTATES 1ST ADD 45-2 B LOT 3
- Property ID: 494226300050
Listed by London Foster Realty
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Schools
Schools serving 1416 NE 23rd St
School District:Broward County School District
| Name | Grades | Distance |
|---|---|---|
Bennett Elementary School 1755 Northeast 14th Street, Fort Lauderdale, FL 33304 | K-5 | 0.9 mi |
Sunrise Middle School 1750 Northeast 14th Street, Fort Lauderdale, FL 33304 | 6-8 | 1 mi |
Fort Lauderdale High School 1600 Northeast 4th Avenue, Fort Lauderdale, FL 33305 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1416 NE 23rd St
Date
Details
Price
Change
Source
11/05/2025
Listed
$1,129,000
29.62%
MLS
10/20/2021
Sold
$871,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1416 NE 23rd St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$17,247
—
$800,240
—
2024
$17,247
2%
$800,060
—
2023
$16,983
69%
$800,060
70%
2021
$10,055
-39%
$470,250
-40%
2022
$16,494
64%
$789,800
99%
2021
$10,055
22%
$397,650
5%
2019
$8,226
-5%
$380,300
-1%
2018
$8,621
9%
$383,140
-2%
2017
$7,938
8%
$390,100
15%
2016
$7,331
9%
$339,380
18%
2015
$6,733
9%
$287,870
10%
2014
$6,198
3%
$261,700
5%
2013
$6,011
—
$249,660
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1416 NE 23rd St
1416 NE 23rd St, Wilton Manors, FL 33305 (MLS# A11908735) is a Duplex property with 0 bedrooms and 0 full bathrooms. 1416 NE 23rd St is currently listed for $1,129,000 and was received on November 05, 2025. Want to learn more about 1416 NE 23rd St? Do you have questions about finding other Duplex real estate for sale in Wilton Manors? You can browse all Wilton Manors real estate or contact a Coldwell Banker agent to request more information.

