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Investment Opportunity

Miami Investmens

649 NW 22nd Rd Fort Lauderdale FL 33311 MLS #A11572781

649 NW 22nd Rd
Fort Lauderdale, FL, 33311
$549,900
Beds
0 Bathrooms
3,193 SqFt
0 Acres
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$549,900
649 NW 22nd Rd
Fort Lauderdale, FL, 33311
MLS #A11572781 image #0

Project 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.

Property Details

Price:
$549,900
MLS #:
A11572781
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Listed Date:
Apr 19, 2024
Finished Sq Ft:
3,193
Total Sq Ft:
3,193
Year Built:
1982
Commercial/residential Income,office Space

Schools

Interior

Cooling
Wall/Window Unit(s)
Heating
Other

Exterior

Construction Materials
CBS Construction
Parking Features
Shared Parking
Parking Spots
5

Financial

Tax Year
2023
Taxes
$8,963

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Quick Information

Profitability of the Property

Net Monthly Income:
Annual Profitability of:
649 NW 22nd Rd
Fort Lauderdale, FL