Apt: 1-4
Deerfield Beach, FL 33441

Property

Ownership: For Sale
Type: Unknown
Pets: Pets Allowed
Lot Size: 0.2 Acres

Financials

Price:$1,450,000
Annual Taxes:$20,738
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of RE/MAX Select Group

INVESTOR OPPORTUNITY JUST ONE BLOCK FROM THE BEACH !

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.

Amenities

  • Electricity Available
  • Garden
  • Landscaped
  • Sewer Available
  • Water Available

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.