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
$849,000
223 SW 5th Ct, Deerfield Beach, FL 33441
8beds
4baths
2,432sqft
Est.:
Quadruplex
Built in 1961
-- sqft lot
$-- Zestimate®
$349/sqft
$-- HOA
What's special
Fenced yardAmple parkingOn-site coin-operated laundry
- 13 hours |
- 32 |
- 3 |
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