Basic Information

  • Type Mixed Use
  • Status Active
  • Year Built 1982
  • Total Sqft 9,134
  • Date Listed 04/19/2024
  • Days on Market 427
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

The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: The Cross Atlantic Group. tel: 858-336-8252

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