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223 SW 5th Ct
Deerfield Beach, FL 33441 Outer Pompano Beach/Deerfield Beach

$849,000 USD

Multifamily For Sale  •  2,432 SF

Property Details

  • Property Type Multifamily
  • Total Building Size 2,432 SF
  • Year Built 1960
  • Cap Rate 8.00 %
31 Transit Score
58 Walk Score

Highlights

All 2 Bedroom/1 Bath Units with rents at $1900
Well Maintained and Renovated 4plex in a great neighborhood!
Minutes from the Beach and Boca Raton!
8% cap rate!
Coin laundry facility bringing in extra income!

Property Flyers

Financial Summary (Actual)

Net Operating Income: $67,921 USD (2024)
Cap Rate: 8.00 %
Total Expenses: $22,259 USD

Amenities

  • Air Conditioning
  • Laundry Facilities
  • Picnic Area
  • Ceiling Fans

Public Transportation

Commuter RailDriveWalkDistance
Deerfield Beach (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 5 min - 2.0 mi
8 min - 3.7 mi
AirportDriveWalkDistance
Fort Lauderdale/Hollywood International 29 min - 20.5 mi
Palm Beach International 39 min - 29.7 mi
Arun Mohan 931-319-7072 Fausto Commercial Realty Consultants
Arun Mohan 931-319-7072 Fausto Commercial Realty Consultants