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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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635 NW 22nd Rd , Fort Lauderdale, FL 33311
$520,000
Est. Payment: $2,776.04/mo
3 Bed
4 Bath
1810 Sqft
0.09 Acres
Status: active | Days on site: 23
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House Description

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.

Highlights

Listed by Jack R Watlington , 561-222-6331 Fidelity Realty Advisors Inc , 561-336-5863. REALTOR Association of Greater Miami and the Beach

Property Type

Multi-Family

Lot/Acreage
0.09

Year Built

1967

County

Broward

Area

3560

Neighborhood

Washington Park

Listing ID

B26085647

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:4
Air Cond:Wall/Window Unit(s)
Fireplaces:
Floor:Tile
Water:Public

Exterior Features

Lot:<1 Acre,< 1/4 Acre
Zoning:CB
Roof:Composition,Shingle,Tile
Sewer:Not Connected (at lot),Public Sewer,Other
Principal Interest
$2,776
Taxes
$1,035

Home Price

$520,000

Loan Details

30 yrs
7.03%

Down Payment

20%
$104,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,776.04

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,776.04 $1,034.67 $0.00 $3,810.71
Yearly $33,312.54 $12,416.00 $0.00 $45,728.54
Total $999,376.19 $372,480.00 $0.00 $1,371,856.19

Today's Rates

30 Year

7.03%

20 Year

6.92%

15 Year

6.45%

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Market insight data is pulled from the same city as the listing being viewed (Fort Lauderdale, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by REALTOR Association of Greater Miami and the Beach, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-02T07:11:00.000Z

© 2026 REALTOR Association of Greater Miami and the Beach