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About This Home
This 2-bedroom, 0-bathroom residential multi family at 1979 NE 3rd Street in Deerfield Beach, FL is listed for $1,450,000 ($815 per sqft). Built in 1952, the home offers 1,780 sqft of living space on a 0.16 acres lot.
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.
Key Features
- Built in 1952
- 0.16 acre lot
Property Details
Amenities
Monthly Cost Estimate
$7,755/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1979 NE 3rd Street
Deerfield Beach, FL 33441
OCEAN VUE
Features & Amenities
Exterior Features
Property Details
Flooring
Construction
Cooling
Questions & Answers
This 2-bedroom, 0-bathroom residential multi family at 1979 NE 3rd Street is listed at $1,450,000 ($815/sqft). The estimated monthly payment is $6,283 based on 20% down at 6.5% interest.
Key features include: Built in 1952, 0.16 acre lot. Exterior Features: Garden.
This property is listed by Jill Kendall and can be reached at 5616852262 or jill4homesales@gmail.com.
