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1471 NW 22nd St
Fort Lauderdale, FL 33311 Lauderdale Manors

$865,000 USD

Multifamily For Sale  •  2,997 SF

Property Details

  • Property Type Multifamily
  • Total Building Size 2,997 SF
  • Year Built 1975
  • Cap Rate 7.60 %
37 Transit Score
18 Walk Score

Highlights

Priced to Sell | Strong Cash Flow: Well-maintained fourplex offered at a 7.6% cap rate at asking price.
Desirable Unit Mix: Two 2BD/1BA units and two 1BD/1BA units totaling approximately 3,000 SF.
Major Capital Updates: PVC plumbing, updated electrical panels, central A/C, and newer shingle roof (2021).
Operational Efficiency: Separate electric meters plus house meter, onsite coin laundry, and six parking spaces.
Prime Fort Lauderdale Location: Minutes to I-95, Downtown Fort Lauderdale, FLL Airport, and Fort Lauderdale Beach.

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $75,370 USD (2026)
Cap Rate: 7.60 %
Total Expenses: $23,030 USD

Public Transportation

Commuter RailDriveWalkDistance
Fort Lauderdale (Mainline - Brightline) 7 min - 3.2 mi
Fort Lauderdale (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 10 min - 3.7 mi
AirportDriveWalkDistance
Fort Lauderdale/Hollywood International 16 min - 8.6 mi
Miami International 53 min - 33.8 mi
Elior Levi 954-743-7594 Fausto Commercial Realty Consultants
Elior Levi 954-743-7594 Fausto Commercial Realty Consultants