Average square foot calculated using Size range provided by listing agent.
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.Show Description
MLS® NumberA11790660
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1957
Stories
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
Heat
A/C
Heating Fuel
Extras
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