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223 SW 5th, Deerfield Beach, FL 33441

$820,000
: 2,432
SqFt

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Sold Price: $820,000
List Price: $849,000
Closing Date: Dec 31, 2025
MLS#: A11914676
Status: CLOSED
County: Broward
City: Deerfield Beach
Subdivision: Carver Heights First Add
Living Area: 2,432

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Property Description

Fausto Commercial presents a charming multi-unit investment opportunity in Deerfield Beach! This well-maintained 4-unit property at 223 SW 5th Ct offers strong rental potential in a quiet, convenient neighborhood. All four units are 2-bedroom / 1-bath, and several renovations have been completed throughout the units, enhancing appeal and rental value. The property also features ample parking, a fenced yard, and on-site coin-operated laundry. With current 2-bedroom rents at $1,900, the property generates a gross income of $90,180 and a net income of $67,921, resulting in an impressive 8% cap rate. Located just minutes from the beach, 1-95, shopping, and dining, this versatile asset sits in a high-demand area. Don't miss this opportunity!

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Additional Information

Days on Market: 45
Year Built: 1961
Stories: 1
Cooling: Other, Wall/Window Unit(s)
Heating: Wall Furnace
Exterior Features: Fence, Storm/Security Shutters
Roof: Tar/Gravel
Parking Spaces: 5