223 SW 5th Ct - Multi-Family FOR SALE


Deerfield Beach, FL 33441- Outer Pompano Beach/Deerfield Beach
$849,000 USD
931-319-7072
223 SW 5th Ct, Deerfield Beach, FL for Sale
$849,000 USD
Multi-Family - FOR SALE
1/28
null | 8% Cap Rate


HIGHLIGHTS

  • All 2 Bedroom/1 Bath Units with rents at $1900
  • Well Maintained and Renovated 4plex in a great neighborhood!
  • Minutes from the Beach and Boca Raton!
  • 8% cap rate!
  • Coin laundry facility bringing in extra income!

OVERVIEW

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!

FOR SALE DETAILS

PRICE

$849,000 USD

PRICE/SF

$349 USD /SF

# OF UNITS

4

PRICE/UNIT

$212,250

CAP RATE

8%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Turnkey 4-Unit Investment in Deerfield Beach

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

48-42-01-04-0960

ASK ABOUT THIS PROPERTY

Arun MohanFausto Commercial Realty ConsultantsMore Info
931-319-7072

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Arun MohanFausto Commercial Realty ConsultantsMore Info
931-319-7072

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.