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513 NW 22nd Ave, Fort Lauderdale FL 33311

Multi-family For Sale
$875,000

BTC: 13.46153846

ETH: 437.50000000

New
0 room(s)
3,282 sqft

Overview

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.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1972
Lot:
No Data
Heating:
Central
Price/sqft:
$267
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$795,000
$700K – $899K
Confidence Low
List vs. estimate
$80K above estimate
List $875,000 · +10.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$266
-31.0% vs. city median $386
Based on
11 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$14,318
2025
Parking
6 spaces
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • Central

    Cooling

    • Central Air

  • Other Property Information

    • Parcel Number: 504205071070

    • Zoning: RMS-15

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $14,318

  • Source details

    • MLS ID: A12072217

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Attached

    • Living Area: 3282

    • Water Source: Municipal Water

    • Subdivision Name: RIVER GARDENS,River Gardens Apts

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Coldwell Banker Realty