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

$1,450,000
1,780
SqFt

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List Price
$1,450,000
MLS
B26035483
Status
ACTIVE
Type
Multifamily
Living Area
1,780

Property Description

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.

Additional Information

Days on Market
58
Style
Fourplex
Lot Size
6,753
Exterior Features
East Of Us1
Year Built
1952
Development Name
Ocean Vue
#Stories
1
Construction Type
CBS Construction

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Listing Courtesy of RE/MAX Select Group, Contact: