Active Commercial Sale IDX

4404 SW 22nd St, #1-8

4404 SW 22nd St, #1-8, West Park, FL 33023
$1,650,000
1957 Built
MLS #: 11484204

About this property

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

Financial
Annual taxes
$21,216
Listing Details
Property type
Commercial Sale
County
Broward
Unit
1-8
More Details
Previous list price
$1,750,000
Original list price
$1,750,000
Lot size square feet
15,417 sqft
Furnished
Unfurnished
Listing Information
Listing courtesy of
Compass Florida, LLC · 305-697-2904
Listing agent
Joshua Kaufman
MLS #
11484204
Status
Active

Contact

Herdine Nicholson · Mainsail Real Estate®

+1 305 414 1438 · info@mainsailre.com

1111 Brickell Ave, FL 12 Ste 148, Miami, FL 33131

https://mainsailre.com/idx-listing/?listing=11484204

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Listing courtesy of Compass Florida, LLC · 305-697-2904

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