223 5th Ct ,Detached, Quadruplex, Carver Heights First Add for Sale

223 5th Ct for Sale

Price $849,000.00

• Lot size 2432
• Year Build 1961
• Waterfront
• Zip 33441
• Style Detached
• Parking Description
• Pool Yes
• Status Active

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!

CARVER HEIGHTS FIRST ADD 26-10 B LOT 11 BLK 18

Less Than 1/4 Acre Lot

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!

City:Deerfield Beach,Zoning:RS-7,Cooling:1:Wall/Window Unit(s),List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2024,Flooring:1:Tile,Latitude:26.3108992,Cooling Y N:1,Heating Y N:1,List Price:849000,Listing Id:A11914676,Longitude:-80.1058914,Mls Status:Active,Year Built:1961,Living Area:2432,Postal Code:33441,Street Name:5th Ct,Coordinates:1:26.3108992,Photos Count:25,Building Name:CARVER HEIGHTS FIRST ADD,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M I A M I R E_ Area:3412,M L S Area Major:Carver Heights First Add,On Market Date:2025-11-15,Parcel Number:484201040960,Parking Total:5,Property Type:Residential Income,Rent Includes:1:Sewer,2:Water,Stories Total:1,Street Number:223,M I A M I R E_ Style:Fourplex,Public Remarks: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!,Structure Type:1:Fourplex,County Or Parish:Broward County,Expiration Date:2026-05-15,List Office Name:Fausto Commercial Realty Consultants Inc,Standard Status:Active,Window Features:1:Hurricane Shutters,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:4664,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:SW,Subdivision Name:CARVER HEIGHTS FIRST ADD,Tax Annual Amount:9321,Total Actual Rent:90180,Unparsed Address:223 SW 5th Ct, Deerfield Beach FL 33441,Listing Agreement:Exclusive Right To Sell,Operating Expense:22259,Year Built Details:Effective Year Built,Building Area Total:2432,Building Area Units:Square Feet,Leasable Area Units:Square Feet,M I A M I R E_ Flood Zone:X,M I A M I R E_ L P Amt Sq Ft:349.0954,Original List Price:849000,Public Survey Range:48,Documents Available:1:Rent Rolls,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Net Operating Income:67921,Number Of Units Total:4,Syndication Remarks: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!,Listing Contract Date:2025-11-15,Originating System I D:miamire,Showing Instructions:Call Listing Agent,Street Number Numeric:223,Tax Legal Description:CARVER HEIGHTS FIRST ADD 26-10 B LOT 11 BLK 18,M I A M I R E_ Current Price:849000,Public Survey Township:48,Construction Materials:1:CBS Construction,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:2432,M I A M I R E_ Geographic Area:N Broward Dixie Hwy To Turnpike (3411-3432;3531),M I A M I R E_ Internet Remarks:Please visit Fausto Commercial,M I A M I R E_ Parcel Number M L X:0960,M I A M I R E_ Separate Meter Y N:1,M I A M I R E_ Street View Param:1$26.310889$-80.105881$301.53$13.33$1.00$7oz0v7tWID7MeBnIGcqThA,Contract Status Change Date:2025-11-15,Internet Address Display Y N:1,M I A M I R E_ Cable Available Y N:1,Number Of Units In Community:4,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Subdivision Number:4,M I A M I R E_ Agent Alternate Phone:931-319-7072,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:223 SW 5th Ct,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:349.1,Internet Automated Valuation Display Y N:1,