124 NW 21ST Court # 4, Wilton Manors FL 33311

Located in the heart of Wilton Manors, this income-producing quadplex offers an excellent value-add opportunity for investors seeking a property in a strong South Florida rental market. Built in 1964, Tropical Palms includes four units with a total of 2,376 square feet of living area.

The unit mix features two identical one-bedroom, one-bath units, one larger one-bedroom, one-bath unit, and a studio. All units are separately metered for electricity. Three units currently have month-to-month tenants, providing immediate rental income and flexibility for a new owner to renovate, reposition, or bring rents closer to market value.

Tropical Palms Units 1-4

This property may be an excellent fit for a BRRRR strategy, long-term hold, or investor looking for a centrally located rental asset. The vacant unit is currently being renovated, and the exterior photo is a rendering showing the anticipated appearance in mid-August. The seller is motivated and welcomes offers. Showings are available by appointment only, with 24-hour notice required for tenant-occupied units.

The property is located in Broward County near Wilton Manors, Fort Lauderdale, and Miami. Residents enjoy warm weather throughout much of the year, beautiful beaches, vibrant dining and nightlife, cultural attractions, shopping, and convenient access to major roads, airports, and business centers. Nearby schools include Wilton Manors Elementary, Sunrise Middle School, and Fort Lauderdale High School.

Tropical Palms Units 1-4 at 124 NW 21ST Court # 4, Wilton Manors FL 33311 features wall and window unit cooling, other heating, and no specified exterior features. The pet policy is listed as No, Yes and should be confirmed.

For more information or to schedule a private showing, call or WhatsApp +1 786.468.4380.