223 SOUTH WEST 5TH CT #4, Deerfield Beach
$849,000 USD
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| Address | 223 SOUTH WEST 5TH CT #4, Deerfield Beach |
| Building Name | CARVER HEIGHTS FIRST ADD |
| Type of Property | Quadruplex |
| Property Style | Quadruplex |
| Price | $849,000 |
| Sold on | 31st December, 2025 |
| Sold Price | $820,000 |
| Property Status | Closed |
| MLS Number | A11914676 |
| Living Area | 2432 |
| Year Built | 1961 |
| Parking Space Number | 5 |
| Folio Number | 484201040960 |
| Gross Rent Income | $90,180 |
| Net Operating Income | $67,921 |
| Zoning Information | RS-7 |
| Days on Market | 90 |
Detailed 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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Address Information
| State | Florida |
| City | Deerfield Beach |
| County | Broward County |
| Zip Code | 33441 |
| Address | 223 SOUTH WEST 5TH CT |
| Zip Code (4 Digits) | 4664 |
Financial Information
| Price | $849,000 |
| Price per Foot | $0 |
| Sold on | 31st December, 2025 |
| Sold Price | $820,000 |
| Folio Number | 484201040960 |
| Gross Rent Income | $90,180 |
| Net Operating Income | $67,921 |
| Tax Amount | $9,321 |
| Tax Year | 2024 |
| Terms of Sale | Conventional |
| Possession Information | Funding |
| Type of Contingencies | No Contingencies |
Full Descriptions
| Detailed 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! |
| Roof Description | Tar and Gravel Roof |
| Floor Description | Other, Tile |
| Cooling Description | Other, Wall / Window Unit (s) |
| Heating Description | Window / Wall |
| Sewer Description | Public Sewer |
Property parameters
| Living Area | 2432 |
| Zoning Information | RS-7 |
| Year Built | 1961 |
| Type of Property | Quadruplex |
| Style | Quadruplex |
| Building Name | CARVER HEIGHTS FIRST ADD |
| Development Name | CARVER HEIGHTS FIRST ADD |
| Construction Type | Concrete Block Construction,CBS Construction |
| Stories Number | 1.000 |
| Street Direction | South West |
| Parking Space Number | 5 |
| Listed with | Fausto Commercial Realty Consultants Inc |