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5423 NE 22nd Terrace, Fort Lauderdale, FL, 33308

3beds
3baths
1,865sqft
$923,000
$495price/sqft
$6,857/moest. monthly cost
$274,280/yrincome needed

About This Home

Exceptional income-producing property in Fort Lauderdale! Fully furnished, ready for short-term rentals, and turnkey, this property offers immediate income potential with consistent occupancy and flexible use options. Extensively renovated in 2022, the property features impact doors, updated electrical systems, central A/C, stainless steel appliances, and modern finishes throughout. Designed with guest experience in mind, it also includes smart technology, security system, and fully equipped kitchens. Currently configured as a duplex with an additional efficiency setup, providing multiple income streams and the ability to maximize rental performance or accommodate multigenerational living . The spacious outdoor area includes a heated pool and inviting patio.

Getting Around

76
WalkingVery Walkable
35
TransitSome Transit
68
BikeBikeable

Schools

9/10
2/10
Northeast High SchoolGrades 9-121.4 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1959

Materials

  • Roof: Concrete
  • Construction materials: Block

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex,Multi Family,Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3

Features

  • Flooring: Tile

Heating & Cooling

  • Heating features: Central,Separate Meters
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,865
  • Total interior livable area: 1,865 sqft

Property

Accessibility

  • Accessibility features: Accessibility Features,Accessible Approach with Ramp

Details

  • Parcel number: 494213062580
  • Zoning: RD-15
  • Special condition: Standard

Features

  • Private pool: Yes
  • Pool features: Heated,In Ground
  • Exterior features: Garden
  • Fencing: Back Yard,Gate

Lot

  • Lot size: 8,003 sqft
  • Features: < 1/4 Acre

Parking

  • Total spaces: 5

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingRelatively High
  • Hurricane
    HurricaneRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Heat Wave
Inland Flooding
Lightning
Tsunami

FEMA Declared Disasters in Broward County and Florida

Flood
Hurricane
Severe Storm
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,667$56,004
Home Insurance *$1,255$15,060
Property Taxes $738$8,856
Electricity $197$2,366
Total$6,857$82,284
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$235,097/yr
40% on housing$205,710/yr
45% on housing$182,853/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.8%
11.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 4.5%
4.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$495This listing

vs Other Active Listings

Avg $/sqft

ZIP 33308$526
Broward County$319

vs Homes Sold Last Month

Median $/sqft

ZIP 33308$548
Broward County$352

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-06Listed for sale$949,000
2023-10-06Sold$840,000
2023-09-09Pending sale$850,000
2023-09-01Listed for sale$850,000
2023-08-11Pending sale$850,000
2023-08-04Listed for sale$850,000
2023-07-12Pending sale$850,000
2023-06-27Listed for sale$850,000
2019-05-15Sold$573,900

For Sale by Agent

AgentMayra Tomazoni
BrokerageRE/MAX Royale

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