223 Sw 5th Ct, Deerfield Beach, FL 33441

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Sold Price
$820,000
List Price
$849,000
Closing Date
Dec 31, 2025
MLS
A11914676
Complex Name
Carver Heights First Add
Status
CLOSED
Type
Multifamily
Living Area
2,432

Property 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!

Additional Information

Days on Market
46
Style
Quadruplex, Fourplex
#Parking Spaces
5
Year Built
1961
Development Name
Carver Heights First Add
#Stories
1
Construction Type
Concrete Block Construction, CBS Construction

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Listing Courtesy of Fausto Commercial Realty Consultants Inc, Contact:

Selling Office: Pink Miami Real Estate.