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223 SW 5th Ct, Deerfield Beach FL 33441

Multi-family For Sale
$849,000

BTC: 28.30000000

ETH: 424.50000000

19 days
0 room(s)
2,432 sqft
Est. Estimated sales range: $0 - $0
$0

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

Facts and features

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
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

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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 ©2025-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