901 SW 22nd Ave, Fort Lauderdale, FL 33312

Charming Fort Lauderdale Home: Value-Add Opportunity in Riverland!

Discover an incredible opportunity at 901 SW 22nd Ave, Fort Lauderdale, FL 33312! This delightful 2-bedroom, 1-bathroom single-family home offers approximately 1,196 sqft of living space on a generous 7,500 sqft lot. Built in 1954, this property presents a fantastic canvas for renovation and personalization, allowing you to build significant equity in a well-located Fort Lauderdale neighborhood. Public records indicate the Florida room has been converted, potentially adding more usable space (buyer to verify exact heated square footage).

Priced at an attractive $339,900, with an estimated refinance payment of approximately $2,311/month, this property presents compelling value in the Fort Lauderdale market. Please note that 2024 property taxes were $4,817. Consider these current market insights for the 33312 zip code:

• The median sale price of a home in 33312 was $530,000 in May 2025, significantly higher than this property’s asking price. The typical home value in 33312 is around $489,050.
• The median sale price per square foot in 33312 is $370. This home is priced at approximately $284 per square foot, offering substantial potential for value appreciation after renovation.
• The 33312 housing market is considered “not very competitive,” with homes selling for about 5% below list price and taking an average of 83 days to sell. This creates a favorable environment for buyers to secure a great deal.
• For investors, the average rent for a 2-bedroom home in Fort Lauderdale is around $2,800/month (as of May 2025), indicating strong potential for rental income once updated.

Fort Lauderdale, known as “The Venice of Florida” with its extensive canal system, offers a vibrant coastal lifestyle, beautiful beaches, a thriving arts scene, and a strong job market. While housing costs can be high, the lack of state income tax is a significant benefit. This home is perfect for a savvy investor looking for a high-ROI renovation project, or a first-time homebuyer eager to customize their dream home at an entry-level price in a desirable South Florida city.