621 NE 28th Street
Wilton Manors, FL 33334
$1,575,000
Exceptional, fully renovated fourplex offering strong, stable returns and an approximate 7pc cap rate in one of South Florida’s most desirable rental markets. This turnkey asset has maintained a 95pc occupancy with reliable medium-term tenants seeking quality furnished housing. Each unit has been modernized with recessed LED lighting, in-unit laundry, smart locks, and stylish contemporary décor. Recent upgrades include new HVAC systems, electrical panels, four water heaters, a 2023 roof, and remodeled bathrooms. The exterior features new paint, updated landscaping, and redesigned private patios that enhance tenant appeal. Located near Wilton Drive and just minutes from Downtown Fort Lauderdale, this stabilized, income-producing property is an ideal addition to any investor’s portfolio.
| List Price: | $1,699,500 |
|---|---|
| Close Price: | $1,575,000 |
| Property Type: | Residential Income |
| Status: | Closed |
| Living Area: | 3,150 |
| Tax Annual Amount: | $28,666 |
| Waterfront?: | No |
| Subdivision: | Resub Of Highland Estates |
| Year Built: | 1974 |
| Association Fee Includes: | MaintenanceGrounds, Sewer, Trash, Water |
| Basement Yn: | No |
| Construction Materials: | Block |
| Cooling: | CentralAir |
| Exterior Features: | Balcony, OutdoorLivingArea |
| Gross Scheduled Income: | $188,527 |
| Heating: | Central, SeparateMeters |
| Listing Contract Date: | 2025-10-17 |
| Lot Features: | LessThanQuarterAcre |
| Lot Size Dimensions: | 7503 |
| MLS Area Major: | 3370 |
| Mobile Dim Units: | Feet |
| Number Of Units In Community: | 4 |
| Operating Expense: | $65,384 |
| Original List Price: | $1,799,500 |
| Parcel Number: | 494226090370 |
| Parking Total: | 9 |
| Pending Timestamp: | 2026-03-23 |
| Possession: | Negotiable |
| Postal City: | Wilton Manors |
| Property Condition: | Resale |
| Roof: | Flat, Tile |
| Sewer: | PublicSewer |
| Special Listing Conditions: | ListedAsIs |
| Stories Total: | 2 |
| Tax Year: | 2024 |
| Window Features: | Blinds |
| Current Price: | $1,575,000.00 |
| Country Subdivision: | 12011 |
| Universal Parcel Id: | urn:reso:upi:2.0:US:12011:494226090370 |
| Listing Id: | F10531668 |
|---|---|
| Close Date: | 2026-04-21 |
| Property Sub Type: | Quadruplex |
| Association Fee: | $0 |
| Architectural Style: | Fourplex |
| City: | Wilton Manors |
| County Or Parish: | Broward |
| Postal Code: | 33334 |
| Number Of Units Total: | 4 |
| Building Area Total: | 3150.0 |
| Cooling?: | Yes |
| Directions: | NE 6th Ave north of Oakland Park Blvd to NE 28th Street in Wilton Manors. Make a left (East) on NE 28th Street to property on the left side. |
| Flooring: | Tile |
| Heating?: | Yes |
| Listing Agreement: | ExclusiveRightToSell |
| Listing Terms: | Cash, Conventional, VaLoan |
| Net Operating Income: | $123,143 |
| Patio And Porch Features: | Patio, Balcony |
| Postal Code Plus4: | 2545 |
| State Or Province: | FL |
| Tax Assessed Value: | $1,319,520 |
| Utilities: | CableAvailable |
| Water Source: | Public |
| Zoning: | RM-16 |
| Property Sub Type Additional: | Quadruplex |
| Estimated Close Date: | 2026-04-21 |
| Record Signature: | -717,177,799 |
Listing Courtesy of: The Agency Florida LLC
Listing Agent: Steve E McAleer
954-205-5333
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 BeachesMLS, Inc. All rights reserved.
BeachesMLS data last updated on October 08, 2026 10:52 PM - ET
Property Last Updated: October 08, 2026 10:52 PM - ET
