For sale
$2,399,999
Multifamily propertyUnit 1-4
0.12 acres
- Parking reported
2904 N Ocean Blvd #1-4Fort Lauderdale, FL 33308
Listing courtesy of Compass Florida, LLC · MyStateMLS #11975313
For saleReduced $100,000 from $1,750,000Virtual tour
$1,650,000
0.35 acresBuilt 1957Unit 1-8
4404 Sw 22nd St #1-8West Park, FL 33023
Multifamily property (from the listing description) · MLS 11484204 · Listed 558 days ago (Apr 25, 2025)
Active: Listed and available according to the MyStateMLS feed.
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.
Description provided by the listing brokerage.
Key facts
- Asking price
- $1,650,000
- Original list price
- $1,750,000
- Status
- For sale
- Property type
- MultifamilyFrom the listing description
- Land area
- 0.35 acresSource field LotSizeSquareFeet
- Year built
- 1957
- MLS number
- 11484204
Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them or that they are zero.
Price
- Asking price
- $1,650,000
- Annual taxes
- $21,216
Building and site
- Suite or unit
- 1-8Source field UnitNumber
- County
- Broward County
Investment figures reported in the description
- Occupancy
- 100% (actual or pro forma not stated)"…d, and the property maintains 100% occupancy. offered at $1,750,000, this…"
These figures are as written by the listing agent, without a stated period or supporting statements. Commercial Only does not calculate or verify them. Ask for rent rolls, operating statements and leases before relying on any figure.
Virtual tours and video
Location
The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or survey and says nothing about access rights, easements or flood zones. See more listings in West Park or multifamily property in West Park.
Why this listing is on Commercial Only
- Property type as the listing describes it. (description: "stabilized 8-unit multifamily property in west park, fl features a we…")
- MLS property class detail. (PropertyTypeDetail: commercial)
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Price and status history
- Original list price reported by the brokerage: $1,750,000
Changes observed by Commercial Only in MyStateMLS data since Nov 3, 2026. This is not a public-record sales or lease history.
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Listing courtesy of Compass Florida, LLC. Listings provided by MyStateMLS.
Listing last modified at the source Aug 24, 2025, 11:50 AM UTC. Commercial Only last confirmed MyStateMLS data Nov 4, 2026, 4:01 AM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.