$849,000 USD
Apartment for Sale, 223 SW 5th Ct, Deerfield Beach, Florida 33441
- MLS#A11914676
226 m² (2,432 ft²)
Listed By Fausto Commercial Realty Consultants Inc
The Apartment for Sale located at 223 SW 5th Ct, Deerfield Beach, Florida 33441 is currently for sale. 223 SW 5th Ct, Deerfield Beach, Florida 33441 is listed for $849,000.
Property features
Property
- Property size:
226 m² (2,432 ft²) - Location: Subdivision
Lot/Land
- Lot description: Fenced
Construction
- Year built: 1961
- Roofing: Tar And Gravel
- Construction: Detached
Heating and Cooling
- Cooling system: Wall Or Window Units
Utilities
- Other utilities: Public Sewer
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
223 SW 5th Ct, Deerfield Beach, Florida 33441