For Sale: Fully Occupied Veteran-Focused Hostel – 12 Beds | High Cash Flow | West Park, FL 4400 SW 23rd St, West Park, FL 33023 Offered at: $889,000 Cap Rate: 9.56% | GRM: 10.46 12 Beds | ±2,400 SF | 0.21 Acres Opportunity Zone | R-1C Zoning Investment Highlights Turnkey Income-Producing Hostel – Fully operational and licensed hostel tailored to serve veterans and long-term residents. All 12 beds are consistently occupied with minimal vacancy. Steady Monthly Cash Flow – Each bed currently generates approx. $590/month, totaling $84,960 in gross annual income. Utilities Included – Rents cover electricity, water, sewer, cable, and trash, making management efficient and predictable. Low-Maintenance Property – Solid block construction, tiled floors, and single-story layout. Each tenant has a private entrance and shared common areas. High Demand for Affordable Housing – Centrally located with access to services, employment, and transit—ideal for stable, long-term tenancy. Location Benefits Close to Hollywood Beach, I-95, and key employment centers. Just 8 miles to Fort Lauderdale-Hollywood Int’l Airport and 22 miles to Miami Int’l Airport. Located in a federally designated Opportunity Zone with potential tax advantages. Value-Add Opportunity Rents are currently below market, providing upside with modest upgrades or rebranding. Potential to transition into short-term co-living or shared housing for higher revenue per bed. Invest with confidence—fully stabilized asset with strong returns from day one. Request financials, rent roll, or schedule a showing today.