Home » Fort Lauderdale » 649 NW 22nd Rd, Fort Lauderdale, FL 33311 | A11572781

Mixed Use For Sale 649 NW 22nd Rd, Fort Lauderdale, FL 33311

$549,900

Property Highlights

Listing ID A11572781 Status of this Listing: Active For Sale Property Type Commercial Sale Mixed Use Building Area 3,193 Sqft/296.64 m2 approx. Lot area 9,134 Sqft/848.58 m2 approx. Year Built 1982 Time of this property on Rebonus 291 Day(s)
  • 649 NW 22nd Rd Fort Lauderdale MLS A11572781 Listing Photo #1

649 NW 22nd Rd, Fort Lauderdale, FL 33311

Property Description: 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.

Useful Info

Original List Price:$549,900

Lease Details

Lease Terms Description:1 To 3 Year Lease

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Number of Buildings:1
Number of Units Total:5
Levels:One
Construction Materials:
  • Block
Structure Type:
  • Office
Stories:1

Property Features

Waterfront:No
Air Conditioning:Yes
Air Conditioning System:
  • Wall/window Unit(s)
Heating System:
  • Other

Taxes and Expenses

Tax Annual Amount:$8,963

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:2023

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Tenant
Buyer Possession:
  • Closing & Funding
Lease Term:
  • 36 Months
Lease Considered:No

Community

Senior Community:No

Parking

Parking Total Spaces:5
Covered Spaces:0
Parking Features:
  • Common

Utilities

Sewer:
  • Public Sewer
Water Source:
  • Public

More Details

Other Information:
Flood ZoneX
FEMA Flood Zone DesignationsX
Ref1069713740
Subdivision Number1

Zoning and Legal

Tax Legal Description:WASHINGTON PARK 19-22 B LOT 6,7 BLK 3
Real Estate Folio Number (Parcel Number):504205010580
Zoning Description:CB
Public Survey Range:50

Listing History

Update/EventDate/Days
Published Date:April 19, 2024 2:32 pm
On Market Date:April 19, 2024
Price Change Date Time:April 19, 2024 1:28 pm
Last Important Update Description:New Listing
Date and Time of Last Important Update:April 19, 2024 2:32 pm
Status Last Changed:April 19, 2024 2:32 pm
Photos Last Modified:April 19, 2024 6:42 pm
Last Modified:December 24, 2024 5:45 pm
Days on the Market Reference Date:December 24, 2024
Days on the Market (updated on Last Modified*):249
Cumulative Days on the Market (updated on Last Modified**):249

Additional Information

Number of Photos:1
Location:,,
Included:,,
Geographical Area:Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
Area:3400
Automated Valuation Display:Yes
Courtesy of:The Cross Atlantic Group
Universal Property Id:US-12011-N-504205010580-R-N

Location

Show Property Address:Yes
Street Name:22nd Rd
Street Number:649
Street Direction Prefix:NW
Street Address:649 NW 22nd Rd
City : Fort Lauderdale
State : Florida
Zip Code : 33311
County : Broward
Full Address:649 NW 22nd Rd, Fort Lauderdale, FL 33311
Latitude:N26° 7' 49.3''
Longitude:W81° 49' 41.2''

Neighborhood

Postal City:Fort Lauderdale

Property Map