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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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1979 NE 3rd Street 1-4 , Deerfield Beach, FL 33441
$1,350,000
Est. Payment: $3,000.00/mo
2 Bed
4 Bath
1780 Sqft
Status: Active | Days on site: 105
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FLL276699903 - FLL276636267,FLL60130093
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House 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.

Highlights

Listed by Jill Kendall , 561-685-2262 and Judith J Wheeler PA , 561-702-0744 RE/MAX Select Group , 561-447-7800.

Property Type

Multi-Family

Lot/Acreage
0.16

Year Built

1952

County

Broward

Area

3111

Neighborhood

Ocean Vue

Listing ID

B26035483

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:4
  • Full Bathrooms:
Air Cond:Wall/Window Unit(s)
Fireplaces:
Floor:Ceramic Tile
Other:
  • Additional:Main Living Area Entry Level
Water:Public

Exterior Features

Lot:<1 Acre,< 1/4 Acre
Zoning:RM-25
Roof:Composition
Sewer:Not Connected (at lot),Public Sewer,Other
Principal Interest
$3,000
Taxes
$1,728

Home Price

$1,350,000

Loan Details

30 yrs
%

Down Payment

20%
$270,000
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Monthly Price:
$3,000.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,000.00 $1,728.17 $0.00 $4,728.17
Yearly $36,000.00 $20,738.00 $0.00 $56,738.00
Total $1,080,000.00 $622,140.00 $0.00 $1,702,140.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Deerfield Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.