$1,350,000

Price reduced

1979 NE 3rd Street #1-4, Deerfield Beach FL 33441

1,780 sq ftBuilt 1952MLS# B26035483

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About this property

INVESTOR OPPORTUNITY JUST ONE BLOCK FROM THE BEACH! Rare chance to own a fully occupied quadplex in one of South Florida's most desirable coastal locations, situated on the Palm Beach County line between Deerfield Beach and Boca Raton. Located just north of the iconic Deerfield Beach Pier and steps from the sand, this income-producing property offers immediate cash flow with strong upside potential. The property consists of four fully leased units with new annual leases in place. Units 1 and 4 are one-bedroom residences currently rented at $1,600 per month, while Units 2 and 3 are efficiencies rented at $1,400 per month. With all four units occupied, investors can enjoy stable rental income from day one. Beyond its current income stream, this property has amazing redevelopment potential.

Property details

Property type
Multi-family
Year built
1952
Living area
1,780 sq ft
Price per sq ft
$758
Property taxes
$20,738/yr
Floors in building
3
Building / community
Ocean Vue
Status
Price reduced
MLS #
B26035483

Listing courtesy of RE/MAX Select Group.

Location

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