1944 NE 5th St Active

Deerfield Beach,FL 33441

$ 2900000

- Bed

- Bath

2549 SqFt


Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,549 sqft

Price per Sqft $1,137

Subdivision Ocean Vue 3-34 B

MLS Listing ID F10488055

Style Fourplex

Construction Status Resale

HOA Y/N No

Year Built 1947

Annual Tax Amount $24,141

Tax Year 2024

Property Sub-Type Fourplex

Property Description

The Island Resort at Deerfield Beach is a resort style property with hundreds of 5 star reviews online that has been running as a short term rental property for the last three years. This amazing cash producing property is one of the most sought after spots for short stays in the area.
Only two blocks from the beach, this well established resort 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 and bathroom, it rents as 5 apartments. 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

Water Access N

Roof Type Comp Shingle Roof

Private Pool No

Building

Lot Description Less Than 1/4 Acre Lot

Story 1.0000

Foundation Concrete Block Construction

Sewer Municipal Sewer

Construction Status Resale

Others

Pets Allowed No

Acceptable Financing Cash,Conventional,Owner Financing

Listing Terms Cash,Conventional,Owner Financing

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