About 1944 Ne 5th Street
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.
Features of 1944 Ne 5th Street
| MLS® # | F10488055 |
|---|---|
| Price | $2,299,000 |
| Square Footage | 2,549 |
| Year Built | 1947 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
Community Information
| Address | 1944 Ne 5th Street |
|---|---|
| Area | 3111 |
| Subdivision | Ocean Vue 3-34 B |
| City | Deerfield Beach |
| County | Broward |
| State | FL |
| Zip Code | 33441 |
Amenities
| Utilities | Cable Available |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
| Private Pool | N |
Interior
| Heating | Central, Electric, Separate Meters |
|---|---|
| Cooling | Central Air, Ceiling Fan(s), Electric |
| # of Stories | 1 |
Exterior
| Roof | Composition, Shingle |
|---|---|
| Construction | Block |
School Information
| Elementary | Deerfield Beach |
|---|---|
| Middle | Deerfield Beach |
| High | Deerfield Beach |
Additional Information
| Zoning | RM-10 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | United Realty Group Inc |
|---|