REO - 635 22nd, Fort Lauderdale, FL 33311

$520,000
26
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Fort Lauderdale | 635 22nd N/A | Fullscreen Picture

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Fort Lauderdale | 635 22nd 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.

635 22nd, Fort Lauderdale, FL 33311 | REO Floor Plans

  • Days On Market:
    1
    Listed:
    Oct 7, 2026
  • Size:
    1810 ft2 (168m2)
    Rooms:
    Studio
  • Bathrooms:
    0
    Baths Half:
    0

Property Features

Facts and features
Exterior Features
  • None
  • Other Facts
    Heating
  • None
  • Cooling
  • Wall/Window Unit(s)
  • Electric
  • Circuit Breakers
  • Flooring
  • Tile
  • Roof
  • Comp Shingle Roof
    Tile
    Shingle
    Tile Roof
  • Water Source
  • Public
  • Sewer
  • At Site
    Public Sewer
    Public Sanitation
    Sewer
  • Amenities
    Construction Materials
  • Concrete Block Construction
    CBS Construction
  • Structure Type
  • Fourplex
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