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.
Features
: Other
: Wall/window Unit(s)
: 5
: Shared Parking
: Public Sanitation
Address Map
FL
Broward County
Fort Lauderdale
33311
649 NW 22nd Rd
0
W81° 49' 41.2''
N26° 7' 49.3''
Google Maps
MLS Addon
: Cbs Construction
249
: 1 To 3 Year Lease
: All Cash, Conventional/refinance
: Sale
1
$8,963
2023
: Public
CB
Commercial Sale For Sale
649 NW 22nd Rd, Fort Lauderdale, Florida 33311
9,134 Sqft
$549,900
Listing ID #A11572781
Basic Details
Property Type : Commercial Sale
Property SubType : Mixed Use
Listing Type : For Sale
Listing ID : A11572781
Price : $549,900
Year Built : 1982
Lot Area : 9,134 Sqft
Building Area : 3,193 Sqft
Status : Active
