1425 NE 22nd St, Wilton Manors, FL 33305
- Added:
- Mar 25, 2026
- Days on Market:
- 106
- Last Refresh:
- Jul 8 at 2:06 am
Property Features for 1425 NE 22nd St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 3
- Parking
- 4
- Security features
- Security
- Patio and Porch features
- Porch
- Exterior features
- Porch, Room For Pool, Shed, Storm/Security Shutters
- Standard status
- Pending
- APN
- 494226300120
- Size
- 1,679 SF
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- EDGEWATER ESTATES 1ST ADD 45-2 B LOT 10
- Tax Annual Amount
- 8962
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Wall Furnace
- Cooling system
- Ceiling Fan(s), Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1963
- Floors in Building
- 1
- Flooring type
- Tile
- Building materials
- Block
- Roof type
- Concrete
Listing agent Gerard Price License #684253 (954) 205-3993
Listing office Level Realty Partners, LLC 3101 N Federal Hwy Ste 502, Fort Lauderdale, FL (954) 372-7280
Listing date Mar 25, 2026
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Two 2‑bedroom, 1‑bath units with 840+ SF each
- Mid‑century block construction with tile flooring and concrete roof
- Separate meters; electric updated in 2015
- Large private outdoor space plus room for a pool; porch and shed
- On‑site laundry that could be converted to coin laundry; one unit vacant
- One car carport with extra parking; storm/security shutters and wall/window A/C units
Overview
Located in Wilton Manors near Cologhatchee Park on the Middle River, the area offers a dog park and exercise equipment. The property is also within walking distance of Wilton Drive and nearby retail, including Stork's Bakery and Publix. Showings begin at an open house scheduled from 12 to 5 PM on Saturday, March 7.
The duplex can be rented as-is or remodeled to reconfigure finishes. One unit is currently vacant, and the other is occupied by a month-to-month tenant who prefers to remain. With separate utilities and independent living layouts, the property is well suited for buyers seeking a straightforward two-unit rental configuration with outdoor space for both residents.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $42.3k | $25.20 |
| − Vacancy | −$2.3k | −$1.39 |
| EGI | $40.0k | $23.81 |
| − OpEx | −$12.0k | −$7.14 |
| NOI | $28.0k | $16.67 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Wilton Manors
- County
- Broward
- State
- Florida
- Longitude
- -80.128682
- Latitude
- 26.156339