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
Price:
$549,900
MLS #:
A11572781
Status:
Active
Beds:
0
Baths:
0
Address:
649 NW 22nd Rd
Type:
Commercial
Subtype:
Mixed Use
City:
Fort Lauderdale
Listed Date:
Apr 19, 2024
State:
FL
Finished Sq Ft:
3,193
ZIP:
33311
Year Built:
1982
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Schools
Interior
Cooling
Wall/ Window Unit(s)
Heating
Other
Exterior
Construction Materials
C B S Construction
Parking Features
Shared Parking
Parking Spots
5
Financial
Buyer Agent Compensation
3%%
Tax Year
2023
Taxes
$8,963
Map
Community
- Address649 NW 22nd Rd Fort Lauderdale FL
- CityFort Lauderdale
- CountyBroward County
- Zip Code33311
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