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For Sale224 Days
$549,900

649 NW 22nd Rd
Fort Lauderdale, FL 33311

Commercial For Sale
3,193 Sq. Ft.
The Cross Atlantic Group

Description for 649 NW 22nd Rd, Fort Lauderdale, FL 33311

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.

Property Details

Listing Details
For Sale
Commercial
Mixed Use
For Sale
A11572781
$549,900
04/19/2024
3,193 Sqft
1982
5
5
3298074
Location Information
US
FL
Broward County
Fort Lauderdale
33311
22nd Rd
649
7736
W81° 49' 42.1''
N26° 7' 49.2''
649 NW 22nd Rd
3400
NW
Yes
Garage/Parking
Common
No
No
Exterior Features
Block
WaterFront and WaterAccess
No
Land Info
504205010580
Utilities
Other
Wall/window Unit(s)
Public Sewer
HOA Info
1
5
Rental Info
36 Months
Tax Info
WASHINGTON PARK 19-22 B LOT 6,7 BLK 3
$8,963
2023
Listing Information
The Cross Atlantic Group
Omer Shahar
5
TCAG01
Sefmiami
$549,900
No
Office
Public

Price History

Source: MLS
DateEventPriceSource
2024-04-19For Sale$549,900MLS
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Walk Score

Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

Walk Score

4

Bike Score

7

Transit Score

3

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Courtesy of The Cross Atlantic Group
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© 2024 Miami Association of REALTORS®. All rights reserved. The information is provided 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. The data is deemed reliable but is not guaranteed accurate by the MLS.