649 22nd Rd ,Mixed Use for Sale & Rent

649 22nd Rd for Sale & Rent

Price $549,900.00

• Lot size 9134
• Year Build 1982
• Waterfront
• Zip 33311
• Style
• Parking Description Shared Parking
• Pool Yes
• Status Active

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.

Please call listing agent for any additional information and showings.

WASHINGTON PARK 19-22 B LOT 6,7 BLK 3

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.

City:Fort Lauderdale,Zoning:CB,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2023,Latitude:26.1303514,Cooling Y N:1,Heating Y N:1,Lease Term:1 To 3 Year Lease,List Price:549900,Listing Id:A11572781,Longitude:-80.171878,Mls Status:Active,Year Built:1982,Directions:Google Maps,Postal Code:33311,Street Name:22nd Rd,Coordinates:1:26.1303514,Photos Count:1,Business Type:1:Office Space,Days On Market:5,Listing Terms:1:Conventional/Refinance,Lot Size Units:Square Feet,M I A M I R E_ Area:3400,On Market Date:2024-04-19,Parcel Number:504205010580,Parking Total:5,Property Type:Commercial Sale,Stories Total:1,Street Number:649,Public Remarks: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.,County Or Parish:Broward County,List Office Name:The Cross Atlantic Group,Private Remarks:Please call listing agent for any additional information and showings.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:7736,Property Sub Type:Mixed Use,State Or Province:FL,Street Dir Prefix:NW,Tax Annual Amount:8963,Unparsed Address:649 NW 22nd Rd, Fort Lauderdale FL 33311,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:3193,Building Area Units:Square Feet,Lease Considered Y N:1,Lot Size Square Feet:9134,Number Of Buildings:1,Original List Price:549900,Public Survey Range:50,I D X Participation Y N:1,Syndication Remarks: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.,Listing Contract Date:2024-04-19,Originating System I D:miamire,Showing Instructions:24 Hour Notice,Appointment Only,Street Number Numeric:649,Tax Legal Description:WASHINGTON PARK 19-22 B LOT 6,7 BLK 3,Public Survey Township:50,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:This is an amazing opportunity to own a 5 unit commercial building in the heart of Fort Lauderdale and in an up and coming neighborhood. This building,Contract Status Change Date:2024-04-19,Internet Address Display Y N:1,Number Of Units In Community:5,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,Internet Entire Listing Display Y N:1,Internet Automated Valuation Display Y N:1,