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    413-415 SE 23Rd St Fort Lauderdale, FL 33316

    For Sale
    $995,000

    Fully renovated and furnished triplex, ideal for short-term rentals.

    Building Details

    Year built
    1951

    Source: Reef Realty & Management LLC Agent Andrew Davis

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Triplex Near Downtown

    This fully renovated and furnished triplex, consisting of two buildings, is located in Fort Lauderdale, a short walk from Whole Foods, approximately 2 miles from Downtown and nightlife, 3 miles from beaches, and 2 miles from Fort Lauderdale-Hollywood International Airport. The property features ample parking and includes three oversized one-bedroom, one-bathroom units. Each unit is equipped with impact windows, tile and vinyl flooring, modern kitchens and bathrooms, and stainless steel appliances. There are two laundry areas available for resident use. Currently operated as high-performing short-term rentals, the property generates approximately $100,000 annually with low vacancy and strong demand. Prior years of financials are available for qualified buyers. The property can also be leased long-term for steady yearly income, presenting an excellent turnkey investment opportunity in a desirable South Florida rental market.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Daycare Center Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.1379741
    Latitude
    26.0940173

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    FAQs

    What type of property is this?
    Triplex - Fully renovated and furnished triplex, ideal for short-term rentals.
    Where is this triplex located?
    The property is located at 413-415 SE 23Rd St Fort Lauderdale, FL.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: - High-performing short-term rental property grossing approximately $100,000 annually.; - Fully renovated and furnished units offering a turnkey investment opportunity.; - Ideally located near Whole Foods, Downtown/Nightlife, Beaches, and FLL Airport.
    (954) 258-1820
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    413-415 SE 23Rd St Fort Lauderdale, FL 33316
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