Fully Leased Fourplex Asset | Core Fort Lauderdale Location 7.04% CAP Rate
An exceptional opportunity to acquire a fully leased, turnkey four-unit multifamily property in one of Fort Lauderdale’s strongest rental sub-markets. This income-producing asset offers immediate cash flow and long-term value appreciation, making it well-suited for both portfolio expansion and strategic 1031 exchange placement.
Asset Highlights:
4 Fully Occupied Units| Separately metered for water
Private Off-Street Parking. High tenant retention appeal
1,810 SF Total Living Area. Low-maintenance construction
5 Bedrooms / 4 Bathrooms. Functional and efficient layouts
Prime Urban Location:
Positioned within minutes of Downtown Fort Lauderdale, Las Olas, and major transit routes.
Listed by Henry D'Onofrio
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License #3390998
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Best Homes, LLC.
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561-450-9676
Last updated August 22, 2025
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Source: MIAMIRE #A11830697
Listing Facts
TypeMulti-family
NeighborhoodFranklin Park
Days on Prevu71
Taxes$12,060/year
Size1,810 sqft
Price per sqft$359
Amenities
Pets Allowed
Air Conditioning
Parking
Location
Mortgage Calculator
Listing History
06/29/2025
Listed by Best Homes, LLC.
$649,000
Property Details for 635 NW 22nd Rd
Association
General
Number Of Units In Community: 4
Exterior
Construction
Number Of Units Total: 4
Roof: Other
Stories: 1
Stories Total: 1
Structure Type: Quadruplex, Fourplex
Window Features: High Impact Windows, Impact Glass
Year Built: 1967
Year Built Details: Resale
Architectural Style: Attached
Building Name: WASHINGTON PARK
Construction Materials: Concrete Block Construction, CBS Construction
Measurements
Building Area Total: 1,810
Building Area Units: Square Feet
Lot Features: Less Than 1/4 Acre Lot
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 504205010540
Tax Annual Amount: $12,060.00
Tax Year: 2024
Interior
Features
Flooring: Tile
Measurements
Living Area: 1,810
Living Area Units: Square Feet
Other
Location
Subdivision Name: WASHINGTON PARK
Parking
Parking
Parking Total: 4
Utilities
Equipment
Cooling: Central Air
Has Cooling: Yes
Heating: Central
Has Heating: Yes
Sewer: Public Sewer
Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.