Excellence in South Florida Real Estate
4404 SW 22nd St 1-8, West Park, 33023
West Park
4404 SW 22nd St 1-8, West Park, 33023
West Park
Quick Details
MLS #: A11790660
Description
Stabilized 8-unit multifamily property in West Park, FL features a well-balanced unit mix of (2) two-bedroom units and (6) one-bedroom units across a 3,416 SF building. The property sits on a large 15,417 SF double lot — with the second lot currently serving as additional parking but zoned for potential residential development. With a current NOI based on 2024 rents of $111,845 and proforma rents projected at $151,200, there is ample room to increase income through strategic leasing. Recent ownership invested over $30,000 in unit improvements in 2024. All units are individually metered, and the property maintains 100% occupancy. Offered at $1,750,000, this investment presents a compelling blend of yield, stability, and future upside.
- Address 4404 SW 22nd St 1-8
- City West Park
- State/county Florida
- Zip/Postal Code 33023
- Area Broward County
Details
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MLS #:
A11790660
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Price:
$1,750,000
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Land Area:
15417 sqft
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Year Built:
1957
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Property Status:
Buy
Listed by Joshua Kaufman · Compass Florida, LLC
- Updated on May 8, 2025 at 2:00 pm
For more information about this for Buy currently listed for $1750000 located in 4404 SW 22nd St 1-8 West Park, Florida 33023 please call our real estate office at 1-(305) 728-0840
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