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223 5th Ct
Broward, Carver Heights First Add, Deerfield Beach, FL
OFF MARKET
Asking
$849,000
BTC
9.679
ETH
296.30
Home Size
2,432 sq. ft.
Year Built
1961
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!
LOADING
Location
Market Area
Broward
Neighborhood
CARVER HEIGHTS FIRST ADD
Agents
Arun Mohan
+1 310 910 1722
Elior Levi
+1 310 910 1722