635 NW 22nd Rd, Fort Lauderdale FL 33311 | A11830697 | Broward County
- $649,000
635 NW 22nd Rd, Fort Lauderdale FL 33311 | A11830697 | Broward County
- $649,000
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.
Address
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Address: 22nd Rd
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City: Fort Lauderdale
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State/county: Broward County
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Zip/Postal Code: 33311
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Area: WASHINGTON PARK
Details
Updated on August 3, 2025 at 9:34 pm-
Property ID A11830697
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Price $649,000
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Property Size 1810 Square Feet
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Year Built 1967
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Type Quadruplex
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Property Status Residential Income
Additional details
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ArchitecturalStyle Attached
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BuildingAreaTotal 1810
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BuildingAreaUnits Square Feet
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BuildingName WASHINGTON PARK
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ConstructionMaterials Concrete Block Construction,CBS Construction
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ContractStatusChangeDate 2025-06-29
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Cooling Central Air
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DaysOnMarket 35
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DocumentsAvailable Rent Rolls
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Flooring Tile
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Heating Central
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InternetAddressDisplayYN 1
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InternetAutomatedValuationDisplayYN 1
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InternetConsumerCommentYN 1
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InternetEntireListingDisplayYN 1
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ListAOR A-Miami Association of REALTORS
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ListAgentDirectPhone 877-295-4111
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ListAgentEmail harry@townandvillagerealty.com
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ListAgentFullName Henry D'Onofrio
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ListAgentKey 54e0362ae3779ec7ac405856f7872dfa
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ListAgentMlsId 3390998
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ListAgentOfficePhone 305-879-3707
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ListAgentStateLicense 3390998
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ListOfficeKey c0b78278d0b61b4d8b48571d65b283c3
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ListOfficeMlsId BTHE01
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ListOfficeName Best Homes, LLC.
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ListOfficePhone 305-879-3707
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ListingAgreement Exclusive Right To Sell
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ListingContractDate 2025-06-29
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ListingKey 4e9857c4847a6e4db2460bfdf87d9db8
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ListingTerms All Cash,Conventional
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LotFeatures Less Than 1/4 Acre Lot
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LotSizeSquareFeet 0
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MLSAreaMajor Washington Park
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MajorChangeTimestamp June 30, 2025 at 01:18am
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MajorChangeType New
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MlsStatus Active
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ModificationTimestamp August 3, 2025 at 06:50pm
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NetOperatingIncome 45700
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NumberOfUnitsInCommunity 4
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NumberOfUnitsTotal 4
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OnMarketDate 2025-06-29
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OriginalEntryTimestamp June 30, 2025 at 01:18am
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OriginalListPrice 649000
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OriginatingSystemID miamire
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OriginatingSystemKey miamire
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OriginatingSystemName Miami Association of REALTORS®
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OtherExpense 0
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ParcelNumber 504205010540
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ParkingTotal 4
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PhotosChangeTimestamp August 3, 2025 at 06:52pm
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PhotosCount 28
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PostalCodePlus4 7725
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PriceChangeTimestamp June 28, 2025 at 02:56am
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PublicSurveyRange 50
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PublicSurveyTownship 50
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RentIncludes Gardener
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Roof Other
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Sewer Public Sewer
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ShowingInstructions Showing Assist
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SourceSystemKey 417271390
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StateOrProvince FL
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StatusChangeTimestamp June 30, 2025 at 01:18am
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Stories 1
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StoriesTotal 1
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StreetDirPrefix NW
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StreetName 22nd Rd
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StreetNumber 635
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StreetNumberNumeric 635
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StructureType Quadruplex,Fourplex
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SyndicationRemarks 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.
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TaxAnnualAmount 12060
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TaxLegalDescription WASHINGTON PARK 19-22 B LOT 2 BLK 3
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TaxYear 2024
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TotalActualRent 64200
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WindowFeatures High Impact Windows,Impact Glass
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YearBuiltDetails Resale
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Zoning CB
Features
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