$549,900
( $172.22Per Sq Foot )
 $2,952 est/mo Sourced by Back At You

649 NW 22nd Rd , Fort Lauderdale, FL 33311

Fort Lauderdale, FL 33311

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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.

Details

MLS#A11572781
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1982
Days On Site334
Listing Provided ByThe Cross Atlantic Group | Omer Shahar

Features

SQ Feet3,193
Story(s)1
Units5
Building(s)1
ZoningCB
Acreage9134.00
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Miami Board of Realtors®

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Learn More About This Property

StateFL
CountyBroward
CityFort Lauderdale
Zip Code33311
Area3400
SubareaFt Ldale NW(3390 3400;3460;3540 3560;3720;3810)
Listing VS Median (In 33311)
Price:
$549,900
low | high
Med:
$322,000
91.443898890707% of Average
SqFt:
3,193
low | high
Med:
616
100% of Average
$ / SqFt:
$172
low | high
Med:
$523
100% of Average
On site:
334
low | high
Med:
37.000000
100% of Average
Sourced by Back At You
Listing Updated: March 12, 2025 at 5:49:48 PM PDT