1721 SW 23rd Street 1721, Fort Lauderdale, FL 33315 — MLS photo

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1721 SW 23rd Street 1721, Fort Lauderdale, FL 33315

Active · Townhouse

$749,000

1721 SW 23rd Street 1721, Fort Lauderdale, FL 33315

Beds
5
Baths
4
Living area
3,089 sq ft
$ / sq ft
$242/sq ft
Year built
2008
Lot size
2,855 sq ft
HOA fee
—
Annual tax
—

About this property

STR OPPORTUNITY WITH STRONG RENTAL HISTORY & FUTURE BOOKINGS! Whether you're seeking a proven short-term rental investment or a spacious primary residence with room for everyone, this versatile 3-level property delivers. Featuring 5 bedrooms and 3.5 baths, the home offers generous gathering spaces while still providing plenty of privacy for guests. Highlights include an oversized 2nd-floor primary suite, private balconies for each bedroom, and a 3rd-floor bedroom/loft with an impressive wraparound balcony. The beautifully appointed kitchen features stainless steel appliances, granite countertops and wood cabinetry. Additional features include a wet bar, French doors opening to the fenced patio, high-impact glass/windows, walk-in closets and a 1-car garage. For investors, the property can be conveyed fully furnished and completely turnkey, allowing for a seamless continuation of short-term rental operations. Current STR bookings extend into October 2026, offering an opportunity to step into an established rental property with income already on the books. Also ideal as a primary, second home or multigenerational residence with exceptional space and flexibility.

Property location

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1721 SW 23rd Street 1721, Fort Lauderdale, FL 33315

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Facts & features

Interior

Bedrooms
5
Bathrooms
4
Living area
3,089 sq ft

Exterior & Structure

Property type
Townhouse
Year built
2008
Lot size
2,855 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Broward
MLS listing ID
B26031906
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

$1,685

Cap rate
8.4%
Net yield
8.4%
Cash-on-cash return
9.6%
Gross yield
12.2%
Mortgage payment
$3,551/mo
Down payment
$187,250
Loan amount
$561,750
Annual NOI
$62,822

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.