Income/MultiFamily in West Park
$1,750,000
n/a
n/a
n/a
Income/MultiFamily, Commercial Sale
Details
Overview
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.
This income/multifamily home located at 4404 SW 22nd St # 8, West Park FL 33023 is currently for sale and has been available on Brickellsold for 12 days. This property is listed at $2M. It has N/A beds, N/A bathrooms, and is N/A square feet. It was built in 1957. 4404 SW 22nd St # 8, West Park FL 33023 is in West Park county Broward County.
Interior
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Property
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Construction
- Year Built: 1957
Community & HOA
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Financial
Metadata
Neighborhood Insights
School and crime data are from public sources and are informational only.
Nearby Schools
Within 5 miles
- Dr. Michael M. Krop Senior High • 0.0 mi • K-12
- iPrep Academy North • 0.0 mi • K-12
- Madie Ives K-8 Preparatory Academy • 0.0 mi • K-12
- Andover Middle • 0.0 mi • K-12
- Madie Ives Elementary PLC-M • 0.0 mi • K-12
- Aventura Waterways K-8 Center (Annex) • 0.0 mi • K-12
Nearby Hospitals
Within 3 miles
No nearby hospitals found.
Crime Overview
Crime data unavailable for this area.