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635 NW 22ND Road, Fort Lauderdale FL 33311

Multi-family For Sale
$520,000

BTC: 6.36280208

ETH: 211.38211382

2 days
0 room(s)
1,810 sqft

Overview

Unique multifamily opportunity in Fort Lauderdale! This four-unit property offers flexibility for both investors and owner-occupants looking to take advantage of multiple income-producing units. The property consists of one 2-bedroom/1-bath unit with a separate living room, kitchen, and central A/C, plus three studio/efficiency-style units, each featuring an open living/sleeping area, kitchen, private bathroom, and window A/C. Live in one and rent the others! The larger 2-bedroom unit provides an excellent option for an owner-occupant looking to make the property their primary residence while generating rental income from the remaining three units. For investors, the four-unit configuration provides multiple potential income streams from a single property. All four units are currently vacant, giving the new owner flexibility to make desired improvements, select their own tenants, and establish rents based on their investment strategy. The property is in average rental-grade condition, and each unit has its own water heater. Several improvements have been completed over the years, including a roof permitted in 2022, paved parking area completed in 2019, and select impact windows and doors installed in 2016, according to available permit records. Conveniently located near Sunrise Boulevard and I-95, providing easy access to Downtown Fort Lauderdale, employment centers, shopping, dining, transportation, and major Broward County destinations. Whether you're an investor looking to expand your rental portfolio or an owner-occupant interested in living in the larger 2-bedroom unit while generating income from the other three, this vacant four-unit property offers a compelling combination of flexibility, income potential, and opportunity to add value in the Fort Lauderdale market.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1967
Lot:
0.09 Acres
Heating:
None
Price/sqft:
$287
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$530,000
$453K – $955K
Confidence Low
List vs. estimate
At estimate
List $520,000 · -1.9%
List is in line with recent comparable activity.
Price per sq ft
$287
-27.4% vs. city median $395
Based on
8 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$12,416
2025
Pets
Allowed
All facts and features
  • Flooring

    • Tile

    Heating

    • None

    Cooling

    • Wall/Window Unit(s)

  • Property

    • Exterior Features: None

    Lot

    • Lot: 0.09 Acres

    Other Property Information

    • Parcel Number: 504205010540

    • Zoning: CB

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • Electricity Connected

    • Sewer Connected

    • Water Connected

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $12,416

  • Source details

    • MLS ID: B26085647

    Other facts

    • Construction Materials: Concrete Block Construction / CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot / Less Than 1 Acre

    • Living Area: 1810

    • Water Source: Public

    • Subdivision Name: WASHINGTON PARK

Private inquiry
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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: Fidelity Realty Advisors Inc