For Sale
$617,000

4148 22Nd StFort Lauderdale, FL 33317

Income-producing duplex, prime location

Overview

Added:
Dec 11, 2024
Days on market:
114
This charming 1961-built, single-story duplex in Fort Lauderdale's Floral Heights neighborhood presents a compelling investment opportunity. Located at 4148 SW 22nd St, 33317, this property boasts two 2-bedroom, 1-bathroom units, each featuring central air conditioning, separate water and electric meters, and a convenient utility room with washer/dryer hookups. Enjoy ample yard space and private porches for each unit. The property's strategic location offers easy access to major roadways including 441, I-595, the Turnpike, I-95, and I-75, ensuring high tenant demand. Currently, one unit is vacant, while the other is rented month-to-month, presenting an immediate opportunity to increase rental income. The current rental rates are below market value due to long-term tenants, indicating significant potential for future revenue growth. This property is being sold as-is by the original owners. Scheduled showings are required to access the property; please do not disturb the tenants. This is a fantastic chance to acquire a well-situated, income-generating asset in a thriving Florida market.

Highlights

  • $617,000 asking price.
  • Fort Lauderdale, FL multifamily investment opportunity.
  • 1961-built, one-story duplex.
  • Two 2 bed/1 bath units with central AC, separate utilities, and washer/dryer hookups.
  • Excellent location near major highways (I-595, Turnpike, I-95, I-75).

Property Details for 4148 22Nd St

Property type
Apartment buildings, Small apartment buildings
Year Built
1961
Stories
1

Location Insight

City
Fort Lauderdale
County
Broward
State
Florida
Latitude
26.0934717
Longitude
-80.2035781
4148 22Nd St, Fort Lauderdale, Florida

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4148 22Nd St
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