Unique multifamily opportunity in Fort Lauderdale! This four-unit property offers flexibility for both investors and owner-occupants looking to take advantage of multiple income-producing units. The property consists of one 2-bedroom/1-bath unit with a separate living room, kitchen, and central A/C, plus three studio/efficiency-style units, each featuring an open living/sleeping area, kitchen, private bathroom, and window A/C. Live in one and rent the others! The larger 2-bedroom unit provides an excellent option for an owner-occupant looking to make the property their primary residence while generating rental income from the remaining three units. For investors, the four-unit configuration provides multiple potential income streams from a single property. All four units are currently vacant, giving the new owner flexibility to make desired improvements, select their own tenants, and establish rents based on their investment strategy. The property is in average rental-grade condition, and each unit has its own water heater. Several improvements have been completed over the years, including a roof permitted in 2022, paved parking area completed in 2019, and select impact windows and doors installed in 2016, according to available permit records. Conveniently located near Sunrise Boulevard and I-95, providing easy access to Downtown Fort Lauderdale, employment centers, shopping, dining, transportation, and major Broward County destinations. Whether you're an investor looking to expand your rental portfolio or an owner-occupant interested in living in the larger 2-bedroom unit while generating income from the other three, this vacant four-unit property offers a compelling combination of flexibility, income potential, and opportunity to add value in the Fort Lauderdale market.
Foreclosure
$520,000
635 NW 22ND Road, Fort Lauderdale, FL 33311
3beds
4baths
1,810sqft
Quadruplex, Multi Family, Multi Family
Built in 1967
-- sqft lot
$504,300 Zestimate®
$287/sqft
$-- HOA
What's special
- 9 days
- 410
- 27
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Jack R Watlington 561-222-6331,
Fidelity Realty Advisors Inc
Source: BeachesMLS,MLS#: B26085647
Originating MLS: BeachesMLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
Heating
- None
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: None
Features
- Flooring: Tile
Interior area
- Total structure area: 1,810
- Total interior livable area: 1,810 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
Accessibility
- Accessibility features: None
Features
- Exterior features: None
Lot
- Size: 4,003 Square Feet
- Features: < 1/4 Acre
Details
- Parcel number: 504205010540
- Zoning: CB
- Special conditions: Real Estate Owned
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family, Multi Family
Materials
- CBSConcreteBlockStructure, Block
- Roof: Shingle,Tile
Condition
- Resale
- New construction: No
- Year built: 1967
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Multiple Meters, Public
- Utilities for property: Electricity Available, Sewer Available, Water Available
Community & HOA
Community
- Subdivision: WASHINGTON PARK
HOA
- Has HOA: No
Location
- Region: Fort Lauderdale
Financial & listing details
- Price per square foot: $287/sqft
- Tax assessed value: $589,200
- Annual tax amount: $12,416
- Date on market: 10/8/2026
- Cumulative days on market: 11 days
- Listing terms: Cash,Conventional,FHA
- Tenant pays: Electricity, Water
- Electric utility on property: Yes
Foreclosure details
Estimated market value
$504,300
$479,000 - $530,000
$1,897/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2026 | Sold | $417,100-29.9%$230/sqft |
Source: Public Record Report a problem | ||
| 1/16/2024 | Sold | $595,000+35.2%$329/sqft |
Source: | ||
| 3/22/2023 | Sold | $440,000+51.8%$243/sqft |
Source: | ||
| 12/4/2018 | Sold | $289,900+624.8%$160/sqft |
Source: | ||
| 9/15/2015 | Sold | $40,000-75.8%$22/sqft |
Source: Public Record Report a problem | ||
| 9/22/2004 | Sold | $165,000+1550%$91/sqft |
Source: Public Record Report a problem | ||
| 4/30/1996 | Sold | $10,000$6/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,416 +3% | $535,640 |
| 2024 | $12,060 +47.5% | $535,640 +72.5% |
| 2023 | $8,178 +12.7% | $310,560 +10% |
| 2022 | $7,257 +3.9% | $282,330 +4.1% |
| 2021 | $6,985 +0.4% | $271,180 |
| 2020 | $6,959 +9.3% | $271,180 +8.5% |
| 2019 | $6,365 | $249,910 +16% |
| 2018 | $6,365 +19% | $215,460 +2.4% |
| 2017 | $5,349 +0.3% | $210,430 +10% |
| 2016 | $5,331 +16.7% | $191,300 -4.9% |
| 2015 | $4,570 +9.8% | $201,150 +5.3% |
| 2014 | $4,161 | $190,960 |
Find assessor info on the county website







