Home » Fort Lauderdale » 635 NW 22nd Rd Fort Lauderdale FL 33311 | A11462221

Fourplex (Quadruplex) Sold 635 NW 22nd Rd Fort Lauderdale FL 33311

$650,000
closed for a price of $595,000

Property Highlights

Listing ID A11462221 Status of this Listing: Closed Sold Property Type Residential Income (Multifamily 2-4) Fourplex (Quadruplex) Living Space 1,810 Sqft/168.15 m2 approx. Building Area 1,810 Sqft/168.15 m2 approx. Year Built 1967 Time of this property from published date until Closing Date 106 Days

635 NW 22nd Rd Fort Lauderdale FL 33311

Property Description: Legal Fourplex with New Roof and Impact Windows. Fully Remodeled Interiors. Current 100% Occupancy with Yearly Rental Cash Flow of $58,000. Located in Fort Lauderdale 's Opportunity Zone. Surrounding Area Undergoing Significant Development. 7.7% CAP. This property is ideal for clients who are interested in transferring their money from the bank and into a 7.7% cash flow generating asset located in one of the Qualified Opportunity Zones in Fort Lauderdale.

Useful Info

Original List Price:$650,000
Close Price:$595,000

Land Lot (Parcel) Details

Lot Features:
  • < 1/4 Acre
Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Effective Year Built
Architectural
Style:
  • Fourplex
Levels:One
Construction Materials:
  • Block
Flooring:
  • Tile
Stories:1
Possible Use:
  • Investment

Property Features

Waterfront:No
Roof:
  • Other
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$7,257

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2022

Terms

Documents Available:
  • Rent Rolls
Listing Terms Considered by Seller:
  • Cash
  • Conventional
  • Fha
  • Va Loan
Occupant Type:
  • Tenant
Buyer Possession:
  • Close Of Escrow
Buyer Financing:
  • Cash
Lease Considered:No

Community

Subdivision Name:WASHINGTON PARK
Senior Community:No

Parking

Parking Total Spaces:4
Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Cable Available

More Details

Other Information:
Tax InformationTax Reflects No Exemptions,Tax Reflects No Homestead Tax
Flood ZoneAH,X
Type of AssociationNone
Style Fourplex
FEMA Flood Zone DesignationsAH,X
Subdivision Number1
Buyer Country of ResidenceUSA
Buy StateFlorida

Zoning and Legal

Tax Legal Description:WASHINGTON PARK 19-22 B LOT 2 BLK 3
Real Estate Folio Number (Parcel Number):504205010540
Zoning Description:CB
Public Survey Range:50

Listing History

Update/EventDate/Days
Published Date:October 2, 2023 1:38 pm
On Market Date:October 2, 2023
Close Date:January 16, 2024
Price Change Date Time:October 2, 2023 1:10 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:January 16, 2024 5:19 pm
Status Last Changed:January 16, 2024 5:19 pm
Photos Last Modified:October 2, 2023 5:52 pm
Last Modified:January 16, 2024 10:20 pm
Days on the Market (updated on Last Modified*):91
Cumulative Days on the Market (updated on Last Modified**):91

Additional Information

Lot Size Range:Less Than 1/4 Acre Lot
Number of Photos:16
Location:,,Less Than 1/4 Acre Lot
Included:,,
Geographical Area:Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
Area:3560
Courtesy of:Keller Williams Realty Miami Lakes
Universal Property Id:US-12011-N-504205010540-R-N

Location

Show Property Address:Yes
Street Name:22nd Rd
Street Number:635
Street Direction Prefix:NW
Street Address:635 NW 22nd Rd
City : Fort Lauderdale
State : Florida
Zip Code : 33311
County : Broward County
Full Address:635 NW 22nd Rd Fort Lauderdale FL 33311
Latitude:N26° 7' 48.1''
Longitude:W81° 49' 42.7''

Neighborhood

Postal City:Fort Lauderdale

Property Map