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    400 22Nd St Fort Lauderdale, FL 33316

    For Sale
    $2,650,000

    Four Brand New Townhomes, Prime Location

    Property size:
    9,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional investment opportunity presents four brand-new, two-story townhomes in East Fort Lauderdale, Florida. Located at 400, 402, 404, and 406 SE 22nd St, 33316, this single-building portfolio boasts 9,600 square feet on a 10,725 square foot lot. Each unit features three bedrooms, 2.5 bathrooms, and a two-car garage, totaling four units. The modern design includes open floor plans, high-end interiors with wood and tile floors, stainless steel appliances, and glass shower enclosures. The property is currently vacant, with a Certificate of Occupancy expected in October 2024. Zoned RMM-25, this Class A property is ideally situated less than ten minutes from the beach and five minutes from downtown Fort Lauderdale and Fort Lauderdale-Hollywood International Airport. The asking price is $2,650,000, or $662,500 per unit. This presents a unique opportunity for an owner-user seeking an Airbnb/vacation rental investment or a single-client lease for assisted or sober living. The property's convenient location and modern design make it an attractive option for various uses. The combined APNs are 5042 15 01 6430

    Property Features for 400 22Nd St

    General Information

    Property type
    Multifamily properties
    Square Feet
    9,600 SF
    Class
    A

    Building Details

    Year Built
    2023
    Buildings
    1
    Stories
    2
    Units
    4

    HighLights

    • Brand new construction.
    • Prime location.
    • Four‑unit building offering convenient, single‑owner management.
    • Highly competitive pricing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential income homes

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.1384139
    Latitude
    26.094488

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    FAQs

    What type of property is this?
    Multifamily property - Four Brand New Townhomes, Prime Location
    Where is this multifamily property located?
    The property is located at 400 22Nd St Fort Lauderdale, FL.
    What is the asking price?
    The asking price for this property is $2,650,000.
    What are key features of this property?
    This property features: Brand new construction.; Prime location.; Four-unit building offering convenient, single-owner management.
    (954) 564-4666
    Request Owner's contact information
    400 22Nd St Fort Lauderdale, FL 33316
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    Fort Lauderdale, FL 33316
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    400 22Nd St Fort Lauderdale, FL 33316
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