614 20Th St Wilton Manors, FL 33305

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.