513 NW 22nd Ave,Fort Lauderdale, FL 33311
Fort Lauderdale, FL 33311
Description
Excellent investment opportunity in Fort Lauderdale! This well-maintained four-unit property features large 2-bedroom, 1-bath residences with 6 parking spaces, offering a desirable and easy-to-manage unit mix. Recent improvements include a new roof installed in 2024, with central A/C in three of the four units, updated kitchens and baths. Current rents offer potential for future increases, providing an opportunity to enhance cash flow and overall return. No Laundry room currently but the rear utility room has potential to be converted into one, creating an additional amenity for tenants and a potential new income stream for the owner. The property is pet-friendly and is situated on a quiet street with convenient access to I-95, Brightline station, shopping, dining, and all that Fort Lauderdale has to offer. With updated interiors, a newer roof, and additional rental upside, this is a great opportunity for an investor looking to add a solid multifamily asset to their portfolio.
Details
| MLS # | A12072217 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1972 |
| Days On Site | 18 |
| Listing Provided By | Coldwell Banker Realty | Amanda Labrador |
Features
| SQ Feet | 3,282 |
|---|---|
| Story(s) | 1 |
| Zoning | RMS-15 |
Exterior
| Lot Features | Less Than Quarter Acre |
|---|
Taxes
| Tax Annual Amount | 14318 |
|---|
Area Information
| State | FL |
|---|---|
| County | Broward |
| City | Fort Lauderdale |
| Zip Code | 33311 |
| Area | 3560 |
| Subarea | Ft Ldale NW(3390 3400;3460;3540 3560;3720;3810) |
| Community Name | RIVER GARDENS |
| Listing VS Median (in RIVER GARDENS) | |
Price: $875,000 low | high Med: $3,600 sqft: 3,282 low | high Med: 2,591 $ / sqft: $267 low | high Med: $1 On site: 18 low | high Med: 113 | |
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Learn More About This Property
| State | FL |
|---|---|
| County | Broward |
| City | Fort Lauderdale |
| Zip Code | 33311 |
| Area | 3560 |
| Subarea | Ft Ldale NW(3390 3400;3460;3540 3560;3720;3810) |
| Community Name | RIVER GARDENS |
| Listing VS Median (in RIVER GARDENS) | |
Price: $875,000 low | high Med: $3,600 sqft: 3,282 low | high Med: 2,591 $ / sqft: $267 low | high Med: $1 On site: 18 low | high Med: 113 | |
