Multifamily For Sale
4404 Sw 22nd St, Unit 1-8, West Park, FL 33023

$1,750,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11790660
  • Virtual Tour: YES
  • Unit Number:1-8
  • List Price: $1,750,000
  • Taxes:$21,216
  • Year Built:1957
  • Listing Date:April 25, 2025
  • Days On Market:84

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.

Features


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Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker