4404 SW 22nd St 1-8, West Park, FL 33023
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$1,750,000 USD

Commercial for Sale, 4404 SW 22nd St 1-8, West Park, FL 33023

  • MLS#A11790660

Listed By Compass Florida, LLC

The Commercial Property for Sale located at 4404 SW 22nd St 1-8, West Park, FL 33023 is currently for sale. 4404 SW 22nd St 1-8, West Park, FL 33023 is listed for $1,750,000.

Date Updated : Apr 26, 2025

Property features

Lot/Land

  • Land/Lot size: 1,432 m² (15,417 ft²)

Construction

  • Year built: 1957

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.

Location

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

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