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223 SW 5th Ct, Deerfield Beach FL 33441

Multi-family Recently Sold
$820,000

BTC: 12.81250000

ETH: 469.64490263

Sold on: 2025-12-31
46 days
0 room(s)
2,432 sqft

Overview

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!

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1961
Lot:
No Data
Heating:
Window/Wall
Price/sqft:
$349
Cooling:
Other / Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$649,000
$513K – $929K
Confidence Low
List vs. estimate
$200K above estimate
List $849,000 · +30.8%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$349
-3.9% vs. city median $363
Based on
17 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$9,321
2024
Parking
5 spaces
All facts and features
  • Flooring

    • Other

    • Tile

    Heating

    • Window/Wall

    Cooling

    • Other

    • Wall/Window Unit(s)

  • Other Property Information

    • Parcel Number: 484201040960

    • Zoning: RS-7

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $9,321

  • Source details

    • MLS ID: A11914676

    Other facts

    • Construction Materials: Concrete Block Construction / CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Window Features: Complete Accordian Shutters / Hurricane Shutters

    • Architectural Style: Detached

    • Living Area: 2432

    • Subdivision Name: CARVER HEIGHTS FIRST ADD

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Fausto Commercial Realty Consultants Inc