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Residential Income
$2,299,000
$2,900,000
21%
1944 NE 5th Deerfield Beach, FL

F10488055

627 of 722 for Sale
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an agent
  • Listed On:

    Feb 24, 2025
  • Days on Market:

    504
  • Year:

    1947
  • Taxes:

    $24,141 per year
  • Floor Description:

    Clay, Tile
  • Occupancy:

  • Zoning:

  • Parking:

1944 NE 5th Deerfield Beach, FL 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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For Sale Details

  • Floor Description

    Clay, Tile

  • Heating Description

    Central, Electric

  • Photo Count

    49

  • Property Type

    Residential Income

  • Terms Considered

    All Cash, Conventional, Owner Will Carry, Owner Hold 2nd Mortgage

  • Year Built

    1947

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