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4404 SW 22nd St 1-8, West Park, 33023

  • $1,750,000

Buy

West Park

4404 SW 22nd St 1-8, West Park, 33023

West Park
  • $1,750,000

Quick Details

MLS #: A11790660
  • 15417
  • Lot sqft
  • 1957
  • Year Built

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

  • MLS #: A11790660
  • Price: $1,750,000
  • Land Area: 15417 sqft
  • Year Built: 1957
  • Property Status: Buy
Listed by Joshua Kaufman · Compass Florida, LLC - Updated on May 8, 2025 at 2:00 pm

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