1944 NE 5th Street, Deerfield Beach FL 33441

For sale Days on market 468

Ocean Vue 3-34 B [ Quadruplex ]

$2,299,000

$902/sq ft

$601,000
Price Decreased

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Overview

Year Built

1947

Sqft

2549

Property Type

Quadruplex

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. Great investment opportunity! The Island Resort at Deerfield Beach has been running as a short term rental property for the last three years with hundreds of 5 star reviews online.

Property Details

MLS#

F10488055

Total Floor in Bldg

Building

Ocean Vue 3-34 B

Address

1944 5th NE

City

Deerfield Beach

State/county

Zip/Postal Code

33441

Area

Ocean Vue 3-34 B

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$24,141

Maint Fee

$--

Tax Year

2024

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