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- Pink Miami
- Fort Lauderdale
- Edgewater Estates
- 1416 NE 23rd St
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For Sale
Listed on November 5, 2025
1416 NE 23rd St
$1,129,000
0 Beds
0 Baths
2,042 sqft
4 Parkings
Lot size
-
Annual Tax
$17,247
Occupancy
Contact Agent
Year Built
1960
Property type
Multifamily
#MLS
A11908735
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.
London Foster Realty
Features & Details
Learn about the features and details of 1416 NE 23rd St
Property Details
- Property TypeDuplex
- Living Area2,042 sqft
- Year Built1960
- Lot Size-
- Stories-
- Annual Tax$17,247.00
- List Date11/5/2025
- Updated11/6/2025
- Last CheckedRecent
- MLS Number#A11908735
- BrokerageLondon Foster Realty
- Postal Code33305
- AreaBroward
- CityFort Lauderdale
Additional Property Features
- OccupancyCallAgent
- List Price$1,129,000.00
- Unit Number-
- ConstructionBlock
- HeatingCentral
- Fireplaces-
- Garage-
- Parking TypeNo
- Pets AllowedNo
- Air ConditioningCentral Air
- ElevatorNo
- LockerNo
- Swimming PoolOther,Pool
- PatioNo
- BasementNo
- DenNo
- Central VacuumNo
- Garage TypeNo
Additional Listing Information
- Walk Score–
- Property Manager-
- Utilities IncludedNone
- FurnishedNo
- Assessment Year2024
- AssignmentNo
- Extras IncludedNone
- Virtual TourView virtual tour
Inside
- Bedrooms & Baths0 Bed, 0 Bath
- EnsuiteYes
- Bathrooms0
- FlooringMixed
Price history
Learn about the price history of 1416 NE 23rd St
Real estate trends
View trends of price in Fort Lauderdale over the last 12 months
Explore Broward
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Mortgage Calculator
Estimate monthly payments for 1416 NE 23rd St
$0
20.0%
$1,129,000
1%
5.25%
10%
Estimated Monthly Payment
$5,412
Cash Flow Analysis
Mortgage Payment:
$5,412.41
Monthly Payment:
$6,849.66
Break Even Down Payment:
100%
Cash Flow
$0
Disclaimer: This calculator provides estimates for informational purposes only. Consult a financial advisor for personalized advice.
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About this property
Discover this impressive duplex in the heart of Edgewater Estates, Fort Lauderdale. This well-appointed property offers 2,042 square feet of living space. Originally built in 1960. Offered at $1,129,000.00 Don't miss this opportunity to own in one of the area's most desirable locations.
FAQs About 1416 NE 23rd St
1416 NE 23rd St, MLS® A11908735 has a size of 2042 sqft.
There are bedrooms and bathrooms in this Multifamily at 1416 NE 23rd St, MLS® A11908735.
Yes, there is parking available with 4 spot(s).
Annual taxes for this home are $17,247 based on 2024 tax year reports.
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.
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1416 NE 23rd St
1416 NE 23rd St