649 NW 22nd Rd, Fort Lauderdale FL, 33311

Active

649 NW 22nd Rd

Fort Lauderdale FL, 33311

$549,900

$172.22 per sqft

Active

3,193 sqft

Commercial

Built in 1982

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.

A11572781

MLSⓇ ID

April 19, 2024

Listed

April 24, 2024

Updated

Map

649 NW 22nd Rd
Fort Lauderdale FL, 33311

Interior Features

Total Stories: 1
Fireplace: No
Cooling: Yes
Cooling Description: Wall/Window Unit(s)
Heating: Yes
Heating Description: Other

Exterior/Building Features

Lot Size: 0.21 Acres
Sewer: Public Sanitation

Other Property Details

Taxes: $8,963
Tax Frequency: Annually
Days on Market: 5
Garage: No
Parking: Shared Parking
Parking Total: 5
View: No
County: Broward County
Water Source: Public
Pool: No
Zoning: CB
Buyer Agency Compensation: 3%

Listed by: The Cross Atlantic Group
Listing Contact: 858-336-8252

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. 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. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated 7:09 PM UTC, 4/24/2024.