1944 NE 5th Street, Deerfield Beach FL 33441

Deerfield Beach, FL, 33441

$2,299,000

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Property facts

Status
Active
Price
$2,299,000
Living area
2,549 sqft
Year built
1947
Type
Quadruplex
Days on market
468
On market
February 22, 2025
MLS #
F10488055

About this quadruplex

Only two blocks from the beach, this well established resort and amazing cash producing property is one of the most sought after spots for short stays in the area. It already has bookings for next season while still offering a lot of future opportunities for growth and increased income. Officially a fourplex, with a 2/2 that is split into a 1/1 with full kitchen and bathroom and a studio, also with full kitchen & bathroom, it rents as 1 single family home and 4 villas. The Island Resort offers many avenues for investment and future development in A+ prime location in gorgeous South East Florida. Great investment opportunity! The Island Resort at Deerfield Beach has been running as a short term rental property for the last three years with hundreds of 5 star reviews online.

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Listing courtesy of Mariela Lechin, United Realty Group Inc, 954-450-2000. Listing information courtesy of the MIAMI Association of REALTORS® IDX feed. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS's IDX Program. This information is being provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.