Client Login
About This Property
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!
Property Features
County
Broward County
Section
Area
2432
Subdivision
CARVER HEIGHTS FIRST ADD
Interior
Cooling
Other, Wall/Window Unit(s)
Bedrooms
Floors
Other, Tile
Full Baths
Appliances
Heating
Window/Wall
Style
Detached
Garage Spaces
Construction/Exterior
Concrete Block Construction, CBS Construction
Patio / Deck Description
Exterior
Has a Pool
Possession
Funding
Lot Size in Acres
Water
Sewer
Public Sewer
Lot Size in Sq. Ft.
0
Has Waterfront
No
Parking Description
View
Has Garage
No
Roof/Attic
Tar & Gravel Roof
Senior Community
No
Other Utilities
Property Type
Residential Income
Pets
Property SubType 2
Quadruplex
Tax Year
2024
Year Built
1961
Tax Amount
$9321
APN
NA
Square Feet Source
NA
Map
Similar Listings
No similar listings found.