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Wade M. Berlin

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271 1st Street Sw 1-4
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PRICED AT ONLY: $705,000

Address: 271 1st Street Sw 1-4, Deerfield Beach, FL 33441

Description

Unlock the potential of this prime multifamily investment One, 4 unit buildings located just east of I 95 in the heart of Deerfield Beach. The property offers a total of 4 units, comprised of two 2 bedroom, 1 bathroom units and two 1 bedroom, 1 bathroom units.This is a true value add opportunity with plenty of upside through renovations and potential rent increases. With strong rental demand in the area and continued growth in East Deerfield, this asset is well positioned for long term appreciation and stable cash flow.Perfect for investors seeking a strategic long term hold in one of South Florida's rapidly evolving submarkets. Close to major transportation, employment centers, and just minutes from the beach.
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  • MLS#: RX-11084702 ( Quad Plex )
  • Street Address: 271 1st Street Sw 1-4
  • Viewed: 8
  • Price: $705,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1959
  • Bldg sqft: 0
  • Days On Market: 103
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Features
Building and Construction
  • Absolute Longitude: 80.106583
  • Construction: CBS, Concrete
  • Exterior Features: None
  • Flooring: Vinyl Floor
  • Roof: Comp Shingle
  • Sqft Source: Tax Rolls
  • Sqft Total: 2405.00
  • Total Building Sqft: 2405.00
Property Information
  • Property Condition: Resale
  • Property Group Id: 19990816212116581394000000
Land Information
  • Lot Description: < 1/4 Acre
  • Subdivision Information: Sidewalks, Street Lights
School Information
  • Elementary School: Deerfield Park Elementary School
  • High School: Deerfield Beach High School
  • Middle School: Deerfield Beach Middle School
Eco-Communities
  • Private Pool: No
  • Storm Protection: None
  • Waterfront Details: None
Utilities
  • Carport Spaces: 0.00
  • Cooling: Electric, Wall-Win A/C
  • Heating: Electric, Window/Wall
  • Number Of Stories: 1.0
  • Separate Elec Meters: Yes
  • Separate Wtr Meters: Yes
  • Utilities: Cable, Electric, Public Sewer, Public Water
Finance and Tax Information
  • Homeowners Assoc: None
  • Income Expenses Annual Net Oper Inc: 102366.19
  • Income Expenses Annual Total Expense: 29633.81
  • Income Expenses Gross Operating Inc: 132000.00
  • Source Of Expenses: Proforma
  • Tax Year: 2024
Rental Information
  • Tenant Pays: Cable, Electric, Water
Other Features
  • Avail Info: Leases
  • Country: United States
  • Housing For Older Persons Act: No Hopa
  • Legal Desc: WESTWOOD GARDENS 23-20 B LOT 20 BLK 2
  • Spa: No
  • Parcel Id: 484201060091
  • Possession: At Closing, Funding
  • Special Info: Handyman, Sold As-Is
  • Unit Number: 1-4
  • View: Other
  • Zoning: RS-7
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Details for 279 1st Street Sw 1-4, Deerfield Beach, FL 33441
$705,000.00

279 1st Street Sw 1-4 Virtual Tour More Like This

Unlock the potential of this prime multifamily investment One, 4 unit buildings located just east of I 95 in the heart of Deerfield Beach. The property offers a total of 4 units, comprised of two, 2

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Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
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Wade M. Berlin