Fort Lauderdale, FL 33311,649 NW 22nd Rd
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$ 549,900
Est. payment | /mo

3,193 SqFt


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$ 549,900
Est. payment | /mo
Save

3,193 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,193 sqft

Price per Sqft $172

MLS Listing ID A11572781

Construction Status Resale

HOA Y/N No

Year Built 1982

Annual Tax Amount $8,963

Tax Year 2023

Lot Size 9,134 Sqft

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.

Location

State FL

County Broward

Area 3400

Direction Google Maps

Interior

Heating Other

Cooling Wall/Window Unit(s)

Exterior

Waterfront No

Total Parking Spaces 5

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Block

Construction Status Resale

Others

Tax ID 504205010580

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by The Cross Atlantic Group
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649 NW 22nd Rd