For Sale
$1,500,000

614 20Th StWilton Manors, FL 33305

Prime Wilton Drive location, 3-unit Airbnb, heated pool.

Overview

Added:
Dec 11, 2024
Days on market:
115
Exceptional investment opportunity: a charming one-story, three-unit apartment building in Wilton Manors, Florida, built in 1970. Located at 614 NE 20 St, 33305, this property boasts a prime waterfront location, offering easy walking access to Wilton Drive. The building features a heated saltwater pool and hot tub overlooking a tranquil canal. Currently configured as a successful Airbnb, the property offers flexible layouts. One configuration includes a three-bedroom, two-bathroom unit and a two-bedroom, one-bathroom unit. Alternatively, it can be arranged as a two-bedroom, one-bathroom unit, an efficiency unit, and a second two-bedroom, one-bathroom unit. The property is well-maintained and includes significant upgrades such as an updated electrical system and impact windows. A sturdy sea wall ensures waterfront protection. Furniture from one of the units and several kayaks are included in the sale. The property benefits from a solar panel system, resulting in significantly reduced monthly electricity costs compared to previous bills. High occupancy rates demonstrate the property's strong appeal to repeat guests, presenting a significant opportunity for an experienced short-term rental operator to further enhance profitability. This is a rare opportunity to acquire a turnkey waterfront investment property in a highly desirable location.

Property Details for 614 20Th St

Property type
Apartment buildings, Small apartment buildings
Year Built
1970
Stories
1

Location Insight

City
Wilton Manors
County
Broward
State
Florida
Latitude
26.1535133
Longitude
-80.1363739
614 20Th St, Wilton Manors, Florida

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614 20Th St
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