635 NW 22nd Rd Fort Lauderdale, FL 33311
Dillard Park NeighborhoodEstimated payment $4,599/month
Highlights
- No HOA
- Central Heating and Cooling System
- 1-Story Property
- Tile Flooring
About This Home
Income-Producing Fourplex in Fort Lauderdale
An exceptional investment opportunity awaits! This well-maintained fourplex offers steady rental income, making it ideal for investors seeking reliable and stable cash flow.
Individually Metered Units: Each unit features its own water meter for convenience and cost-efficiency.
Dedicated Parking: Each unit includes its own designated parking space for tenant convenience.
Prime Location: Strategically situated near shopping, dining, and public transportation, ensuring high tenant demand.
Consistent Rental Income: The property boasts a mix of long-term and month-to-month tenants, providing both stability and flexibility for property management.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,060
Year Built
- Built in 1967
Parking
- 4 Parking Spaces
Home Design
- Quadruplex
Interior Spaces
- 1,810 Sq Ft Home
- 1-Story Property
- Tile Flooring
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- 4 Units
- Washington Park Condos
- Washington Park Subdivision
Listing and Financial Details
- Assessor Parcel Number 504205010540
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $12,060 | $535,640 | $40,030 | $495,610 |
| 2024 | $8,178 | $535,640 | $40,030 | $495,610 |
| 2023 | $8,178 | $310,560 | $0 | $0 |
| 2022 | $7,257 | $282,330 | $40,030 | $242,300 |
| 2021 | $6,985 | $271,180 | $40,030 | $231,150 |
| 2020 | $6,959 | $271,180 | $40,030 | $231,150 |
| 2019 | $6,365 | $249,910 | $40,030 | $209,880 |
| 2018 | $5,349 | $215,460 | $40,030 | $175,430 |
| 2017 | $5,331 | $210,430 | $0 | $0 |
| 2016 | $4,570 | $191,300 | $0 | $0 |
| 2015 | $4,741 | $201,150 | $0 | $0 |
| 2014 | $4,161 | $190,960 | $0 | $0 |
| 2013 | -- | $184,830 | $40,030 | $144,800 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/21/2025 02/21/25 | Price Changed | $644,000 | -7.9% | $356 / Sq Ft |
| 01/13/2025 01/13/25 | Price Changed | $699,000 | -4.1% | $386 / Sq Ft |
| 12/05/2024 12/05/24 | For Sale | $729,000 | +22.5% | $403 / Sq Ft |
| 01/16/2024 01/16/24 | Sold | $595,000 | -8.5% | $329 / Sq Ft |
| 10/02/2023 10/02/23 | For Sale | $650,000 | +47.7% | $359 / Sq Ft |
| 03/22/2023 03/22/23 | Sold | $440,000 | -19.9% | $243 / Sq Ft |
| 02/22/2023 02/22/23 | Pending | -- | -- | -- |
| 02/15/2023 02/15/23 | Price Changed | $549,000 | -4.5% | $303 / Sq Ft |
| 01/17/2023 01/17/23 | For Sale | $575,000 | +98.3% | $318 / Sq Ft |
| 12/04/2018 12/04/18 | Sold | $289,900 | -10.8% | $109 / Sq Ft |
| 11/04/2018 11/04/18 | Pending | -- | -- | -- |
| 04/12/2018 04/12/18 | For Sale | $325,000 | -- | $122 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $595,000 | None Listed On Document | |
| Warranty Deed | $440,000 | -- | |
| Special Warranty Deed | $289,900 | Gulf Stream Title Llc | |
| Interfamily Deed Transfer | -- | Attorney | |
| Deed | $100 | -- | |
| Warranty Deed | $40,000 | Attorney | |
| Warranty Deed | $165,000 | Sunbelt Title Agency | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $10,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $308,000 | New Conventional | |
| Previous Owner | $251,200 | New Conventional | |
| Previous Owner | $246,415 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $50,000 | Construction |
Source: MIAMI REALTORS® MLS
MLS Number: A11705129
APN: 50-42-05-01-0540
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