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96 SE 3rd Ave
Deerfield Beach, FL 33441 Outer Pompano Beach/Deerfield Beach

$995,000 USD

Apartments For Sale  •  2,400 SF

Property Details

  • Property Type Apartments
  • Total Building Size 2,400 SF
  • Lot Size 0.18 AC
  • Building Class C
  • Year Built 1972
  • Cap Rate 5.19 %
  • Zoning MULTIFAILY 2-9 UNITS, LAC
35 Transit Score
81 Walk Score

Highlights

Original duplex converted into two 2BR/1BA units and two studios
Remodeled interiors with all-tile flooring and updated kitchens
Newer roof, A/C units, and PVC sewer line replacements
Two laundry rooms with washer and dryer included
Located just two miles from public beach access
Steady income with sufficient parking and low-maintenance setup

Financial Summary (Actual)

Net Operating Income: $51,650 USD (2024)
Cap Rate: 5.19 %
Total Expenses: $27,150 USD

Amenities

  • Air Conditioning
  • Dishwasher
  • Storage Space
  • Washer/Dryer
  • Heating
  • Ceiling Fans
  • Tile Floors
  • Eat-in Kitchen
  • Kitchen
  • Granite Countertops
  • Refrigerator
  • Oven
  • Range
  • Attic
  • Breakfast Nook
  • Family Room
  • Porch
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Deerfield Beach (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 5 min - 2.0 mi
Boca Raton (Mainline - Brightline) 6 min - 3.0 mi
AirportDriveWalkDistance
Fort Lauderdale/Hollywood International 30 min - 21.6 mi
Palm Beach International 39 min - 29.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 6
Type: Surface
Included in Rent: Yes
Bruno Richter 561-271-5000 Ocean Realty Group Inc
Bruno Richter 561-271-5000 Ocean Realty Group Inc