635 22nd Rd ,Attached, Quadruplex, Washington Park for Sale

635 22nd Rd for Sale

Price $649,000.00

• Lot size 1810
• Year Build 1967
• Waterfront
• Zip 33311
• Style Attached
• Parking Description
• Pool Yes
• Status Active

Description

Fully Leased Fourplex Asset | Core Fort Lauderdale Location 7.04% CAP Rate An exceptional opportunity to acquire a fully leased, turnkey four-unit multifamily property in one of Fort Lauderdale?s strongest rental sub-markets. This income-producing asset offers immediate cash flow and long-term value appreciation, making it well-suited for both portfolio expansion and strategic 1031 exchange placement. Asset Highlights: 4 Fully Occupied Units| Separately metered for water Private Off-Street Parking. High tenant retention appeal 1,810 SF Total Living Area. Low-maintenance construction 5 Bedrooms / 4 Bathrooms. Functional and efficient layouts Prime Urban Location: Positioned within minutes of Downtown Fort Lauderdale, Las Olas, and major transit routes.

Showing assist Please note that this is a drive-by-only property, and tenants are not to be disturbed under any circumstance.

WASHINGTON PARK 19-22 B LOT 2 BLK 3

Less Than 1/4 Acre Lot

Fully Leased Fourplex Asset | Core Fort Lauderdale Location 7.04% CAP Rate An exceptional opportunity to acquire a fully leased, turnkey four-unit multifamily property in one of Fort Lauderdale?s strongest rental sub-markets. This income-producing asset offers immediate cash flow and long-term value appreciation, making it well-suited for both portfolio expansion and strategic 1031 exchange placement. Asset Highlights: 4 Fully Occupied Units| Separately metered for water Private Off-Street Parking. High tenant retention appeal 1,810 SF Total Living Area. Low-maintenance construction 5 Bedrooms / 4 Bathrooms. Functional and efficient layouts Prime Urban Location: Positioned within minutes of Downtown Fort Lauderdale, Las Olas, and major transit routes.

City:Fort Lauderdale,Zoning:CB,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2024,Latitude:26.130014,Cooling Y N:1,Heating Y N:1,List Price:649000,Listing Id:A11830697,Longitude:-80.171477,Mls Status:Active,Year Built:1967,Living Area:1810,Postal Code:33311,Street Name:22nd Rd,Coordinates:1:26.130014,Photos Count:14,Building Name:WASHINGTON PARK,Days On Market:1,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M I A M I R E_ Area:3860,M L S Area Major:Washington Park,On Market Date:2025-06-29,Parcel Number:504205010540,Parking Total:4,Property Type:Residential Income,Stories Total:1,Street Number:635,M I A M I R E_ Style:Fourplex,Public Remarks:Fully Leased Fourplex Asset | Core Fort Lauderdale Location 7.04% CAP Rate An exceptional opportunity to acquire a fully leased, turnkey four-unit multifamily property in one of Fort Lauderdale?s strongest rental sub-markets. This income-producing asset offers immediate cash flow and long-term value appreciation, making it well-suited for both portfolio expansion and strategic 1031 exchange placement. Asset Highlights: 4 Fully Occupied Units| Separately metered for water Private Off-Street Parking. High tenant retention appeal 1,810 SF Total Living Area. Low-maintenance construction 5 Bedrooms / 4 Bathrooms. Functional and efficient layouts Prime Urban Location: Positioned within minutes of Downtown Fort Lauderdale, Las Olas, and major transit routes.,Structure Type:1:Fourplex,County Or Parish:Broward County,List Office Name:Best Homes, LLC.,Private Remarks:Showing assist Please note that this is a drive-by-only property, and tenants are not to be disturbed under any circumstance.,Standard Status:Active,Window Features:1:Impact Glass,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:7725,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:WASHINGTON PARK,Tax Annual Amount:12060,Total Actual Rent:64200,Unparsed Address:635 NW 22nd Rd, Fort Lauderdale FL 33311,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:1810,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:358.5635,Original List Price:649000,Public Survey Range:50,I D X Participation Y N:1,Net Operating Income:45700,Number Of Units Total:4,Syndication Remarks:Fully Leased Fourplex Asset | Core Fort Lauderdale Location 7.04% CAP Rate An exceptional opportunity to acquire a fully leased, turnkey four-unit multifamily property in one of Fort Lauderdale?s strongest rental sub-markets. This income-producing asset offers immediate cash flow and long-term value appreciation, making it well-suited for both portfolio expansion and strategic 1031 exchange placement. Asset Highlights: 4 Fully Occupied Units| Separately metered for water Private Off-Street Parking. High tenant retention appeal 1,810 SF Total Living Area. Low-maintenance construction 5 Bedrooms / 4 Bathrooms. Functional and efficient layouts Prime Urban Location: Positioned within minutes of Downtown Fort Lauderdale, Las Olas, and major transit routes.,Listing Contract Date:2025-06-29,Originating System I D:miamire,Showing Instructions:Showing Assist,Street Number Numeric:635,Tax Legal Description:WASHINGTON PARK 19-22 B LOT 2 BLK 3,Public Survey Township:50,Construction Materials:1:CBS Construction,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:1810,M I A M I R E_ Internet Remarks:7.04 Cap rate! Fully leased with solid history of proven income.,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2025-06-29,Internet Address Display Y N:1,Number Of Units In Community:4,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:Yes - Attribution Required (Agent and Office),Internet Entire Listing Display Y N:1,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:358.56,Internet Automated Valuation Display Y N:1,