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

$1,650,000
Active for Sale
 
Listing ID 11484204
Property Type Commercial
County Broward
Unit 1-8
Total Tax $21,216
Tax ID 514219012770
FEMA Flood Map fema.gov/portal
Year Built 1957
Virtual Tour
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.
Property Details
  • 15417 SF Lot
  • Built in 1957
  • Unit 1-8
Commercial Info
  • Uses: Apartments, Residential-Multi-Family
Taxes and Fees
  • $21,216 Total Tax
Listed By
Joshua Kaufman
Compass Florida, LLC
Office: 305-697-2904
Request More Information
Request Showing
Role Agent Buyer
Your Preferred Date & Time
Showing Type:
Listing data is deemed reliable but is NOT guaranteed accurate.
Contact Us
Who Would You Like to Contact Today?

I want to contact an agent about this property!

I wish to provide feedback about the website functionality

Contact Agent
Your Name:
Email:
Phone:
Message:
Security: What is 5 minus 4?