$1,750,000
bedrooms
0
bathrooms
0
square feet
0
Acreage
-
Open Houses
-
year built
1957
Full Baths
0
Half Baths
0
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 | |
Subdivision | - |
County | Broward |
Elementary School | - |
Middle School | - |
High School | - |
Exact location data not provided
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MLS number: A11790660
Listing agent:
Joshua Kaufman
#3291155
Listing broker:
Compass Florida Llc
(305) 851-2820
Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Friday, April 25 2025 at 5:00 p.m. EDT
Kotohomes National
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