Basic Information

  • MLS # A11572781
  • Type Mixed Use
  • Status Active
  • Year Built 1982
  • Total Sqft 9,134
  • Date Listed 04/19/2024
  • Days on Market 458
Description

This is an amazing opportunity with huge potential to own a 5 unit commercial building in the heart of Fort Lauderdale and in an up and coming neighborhood. This building is fully occupied and rented with long term tenants producing anywhere between $4,150 to $4,300 each month with the ability to easily increase the rents in order to get close to 7% cap rate. This building offers a personal water and electric meter for each unit separately. A good size parking lot for all of the tenants and it's customers.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Block
  • Parking Description Common
  • Style Mixed Use

Interior Features

  • Adjusted Sqft 9,134Sq.Ft
  • Cooling Description Wall Window Units
  • Heating Description Other
  • Sqft 9,134 Sq.Ft

Property Features

  • Address 649 NW 22nd Rd
  • Aprox. Lot Size 9,134
  • City Fort Lauderdale
  • Construction Materials Block
  • County Broward
  • Furnished Info no
  • Levels One
  • Listing Terms Cash, Conventional
  • Occupant Type Tenant
  • Parking Features Common
  • Possession Closing And Funding
  • Postal City Fort Lauderdale
  • Public Survey Section One
  • Sewer Description Public Sewer
  • Stories 1
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $8,963
  • Tax Legal desc W A S H I N G T O N P A R K19-22 B L O T6,7 B L K3
  • Tax Year 2023
  • Terms Considered Cash, Conventional
  • Type of Property Mixed Use
  • Water Source Public
  • Year Built Details Resale

649 NW 22nd Rd

Fort Lauderdale, FL 33311

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