Basic Information
- MLS # A11790660
- Type Multi Family
- Status Active
- Year Built 1957
- Total Sqft 15,417
- Date Listed 04/25/2025
- Days on Market 12
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.
Amenities
Exterior Features
- Waterfront No
- Parking Spaces 0
- Pool No
- Parking Description
- Style Multi Family
Interior Features
- Adjusted Sqft 15,417Sq.Ft
- Sqft 15,417 Sq.Ft
Property Features
- Address 4404 SW 22nd St #1-8
- Aprox. Lot Size 15,417
- City West Park
- County Broward
- Furnished Info no
- Listing Terms Cash, Conventional
- Occupant Type Tenant
- Possession Closing And Funding
- Postal City West Park
- Subdivision Complex
- Subdivision Info
- Tax Amount $21,216
- Tax Legal desc C A R V E R R A N C H E S19-2 B L O T14 B L K17
- Tax Year 0
- Terms Considered Cash, Conventional
- Type of Property Multi Family
4404 SW 22nd St #1-8
West Park, FL 33023Similar Properties For Sale
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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Compass Florida, LLC. tel: 305-851-2820
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