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    OFF-MARKET
    Small apartment buildings

    433 22Nd Ave, Fort Lauderdale, FL 33311

    Built 1953
    Individually Owned 1-yr Hold
    Property ID
    US18-3196373
    Property summary
    AI-generated overview

    This exceptional Fort Lauderdale investment opportunity presents a meticulously maintained triplex, comprising a single-family home and a duplex, ideally situated in a thriving opportunity zone. Built in 1953, this one-story property features two separate buildings, offering a total of four units, each boasting two bedrooms and one bathroom. Recent upgrades significantly enhance the property's value and appeal. The roofs are approximately five years old, ensuring long-term durability. Central AC units were recently replaced just three years ago, providing efficient climate control. All sewer lines in the duplex have been updated, along with the main sewer line, addressing potential maintenance concerns. Impact windows and doors throughout provide both security and energy efficiency. The units feature durable tile or terrazzo flooring. Ample parking is available, and a spacious backyard offers potential for future expansion, adding further value to this already impressive investment. The property's location within an opportunity zone presents significant tax advantages, making this a truly compelling investment opportunity in a desirable Fort Lauderdale neighborhood. This turnkey property is ready for immediate income generation and long-term growth.

    Property profile
    Verified
    Property type Small apartment buildings
    Year built 1953
    UPID US18-3196373
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Blend (final) Blend
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    Owner & transaction history
    Danny Brown · 1 yrs held
    Danny Brown
    since 2024
    6 recorded transactions
    2024
    $710,000
    2020
    2019
    2019
    $293,500
    2018
    2018
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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