Deerfield Beach, FL 33441,223 SW 5th Ct
Deerfield Beach, FL 33441,223 SW 5th Ct
Deerfield Beach, FL 33441,223 SW 5th Ct
Deerfield Beach, FL 33441,223 SW 5th Ct
Deerfield Beach, FL 33441,223 SW 5th Ct
Deerfield Beach, FL 33441,223 SW 5th Ct
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$ 849,000
Est. payment | /mo

2,432 SqFt


$ 849,000
Est. payment | /mo

2,432 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,432 sqft

Price per Sqft $349

Subdivision Carver Heights First Add

MLS Listing ID A11914676

Style Fourplex

HOA Y/N No

Year Built 1961

Annual Tax Amount $9,321

Tax Year 2024

Property Sub-Type Quadruplex

Property Description

Fausto Commercial presents a charming multi-unit investment opportunity in Deerfield Beach! This well-maintained 4-unit property at 223 SW 5th Ct offers strong rental potential in a quiet, convenient neighborhood. All four units are 2-bedroom / 1-bath, and several renovations have been completed throughout the units, enhancing appeal and rental value. The property also features ample parking, a fenced yard, and on-site coin-operated laundry.
With current 2-bedroom rents at $1,900, the property generates a gross income of $90,180 and a net income of $67,921, resulting in an impressive 8% cap rate. Located just minutes from the beach, 1-95, shopping, and dining, this versatile asset sits in a high-demand area.
Don't miss this opportunity!

Location

State FL

County Broward

Community Carver Heights First Add

Area 3412

Interior

Heating Wall Furnace

Cooling Other, Wall/Window Unit(s)

Flooring Other, Tile

Exterior

Exterior Feature Fence, Storm/Security Shutters

Pool None

Community Features Laundry Facilities

Utilities Available Cable Available

Roof Type Tar/Gravel

Total Parking Spaces 5

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories One

Structure Type Block

Others

Tax ID 484201040960

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11914676

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Fausto Commercial Realty Consultants Inc
Jimmy Morales

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(954) 237-4211

jimmy@thejamteam.com

333 SE 2nd Ave, Miami, FL, 33131, USA

Learn More About LPT Realty

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223 SW 5th Ct