UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,549 sqft
Price per Sqft $901
Subdivision Ocean Vue 3-34 B
MLS Listing ID F10488055
Style Fourplex
Construction Status Resale
Year Built 1947
Annual Tax Amount $24,141
Tax Year 2024
Property Sub-Type Fourplex
Property Description
Only two blocks from the beach, this well established resort and amazing cash producing property is one of the most sought after spots for short stays in the area. It already has bookings for next season while still offering a lot of future opportunities for growth and increased income. Officially a fourplex, with a 2/2 that is split into a 1/1 with full kitchen and bathroom and a studio, also with full kitchen & bathroom, it rents as 1 single family home and 4 villas. The Island Resort offers many avenues for investment and future development in A+ prime location in gorgeous South East Florida.
Location
State FL
County Broward County
Area North Broward Ocean To Intracoastal (3111-3121)
Zoning RM-10
Interior
Heating Central Heat, Electric Heat
Cooling Ceiling Fans, Central Cooling, Electric Cooling
Flooring Clay Floors, Tile Floors
Exterior
Roof Type Comp Shingle Roof
Building
Lot Description Less Than 1/4 Acre Lot
Story 1.0000
Foundation Concrete Block Construction
Sewer Municipal Sewer
Construction Status Resale
Others
Acceptable Financing Cash, Conventional, Owner Financing
Listing Terms Cash, Conventional, Owner Financing
Virtual Tour https://www.propertypanorama.com/1944-NE-5th-St-Deerfield-Beach-FL-33441/unbranded
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Rich Schildhorn
REALTOR® / Owner | License ID: SL649321
REALTOR® / Owner License ID: SL649321
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