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

UPDATED:

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


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

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Stanislav Tyufyagin

Stanislav Tyufyagin

+1(727) 599-7188

Broker Associate | License ID: 3282976

Broker Associate License ID: 3282976

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223 SW 5th Ct