1979 NE 3rd Street # 4, Deerfield Beach FL 33441

$1,450,000

$815/sq ft

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Overview

Year Built

1952

Sqft

1780

Property Type

Quadruplex

Property 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.

Property Details

MLS#

B26035483

Total Floor in Bldg

1

Address

1979 3rd NE

City

Deerfield Beach

State/county

FL

Zip/Postal Code

33441

Area

Ocean Vue

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$20,738

Maint Fee

$--

Tax Year

2025

Garden

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Boris Gelfand