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: 22nd Rd
  • City: Fort Lauderdale
  • State/county: Broward County
  • Zip/Postal Code: 33311
  • Area: WASHINGTON PARK

Details

Updated on August 3, 2025 at 9:34 pm
  • Property ID A11830697
  • Price $649,000
  • Property Size 1810 Square Feet
  • Year Built 1967
  • Type Quadruplex
  • Property Status Residential Income

Additional details

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

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