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412 SE 22nd St 4 Unit Apartment Building $1,618,339 CAD ($404,585 CAD/Unit) 6.38% Cap Rate Fort Lauderdale, FL 33316
INVESTMENT HIGHLIGHTS
- Minutes To Downtown Las Olas And Beach
- Updated Units
- Perfect For Short Term Rentals
EXECUTIVE SUMMARY
Prime Location!! Newly Updated 4-Plex In The Heart Of Fort Lauderdale — Minutes To Downtown, Las Olas, And World Famous Fort Lauderdale Beach. This Property Offers One Spacious 3-Bedroom, 2-Bath Unit And Three Oversized 1-Bedroom, 1-Bath Units, All Beautifully Updated With Modern Newer Kitchens, Flooring, Paint, And Appliances. Each Unit Has Central A/C, Separate Water Meters, And Accordion Shutters. Outside Features A Private Yard With Courtyard Entrance, On-Site Washer/Dryer Facility And Plenty Of Front And Rear Parking. Prime Location + Strong Rental Demand = Instant Cash Flow. Perfect For Possible Airbnb, Seasonal, Long-Term Rentals, Or Owner Occupants. Property is Currently Vacant Ready For The Perfect Investor, Potential Annual Gross Income $100,000++ This Is A Must See!!!
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$137,731
|
$32.17
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$137,731
|
$32.17
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $137,731 |
| Annual Per SF | $32.17 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $137,731 |
| Annual Per SF | $32.17 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Hardwood Floors
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 1 | $3,581 CAD | - |
| 1+1 | 2 | $2,479 CAD | - |
| 1+2 | 1 | $2,479 CAD | - |
1 1
Bike Score®
Very Bikeable (86)
PROPERTY TAXES
| Parcel Number | 50-42-15-01-6420 | Improvements Assessment | $899,163 CAD |
| Land Assessment | $142,176 CAD | Total Assessment | $1,041,340 CAD |
PROPERTY TAXES
Parcel Number
50-42-15-01-6420
Land Assessment
$142,176 CAD
Improvements Assessment
$899,163 CAD
Total Assessment
$1,041,340 CAD
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412 SE 22nd St
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