8,018 SF Multi-Family 13 unit Apartment Building
 - for SALE in Deerfield Beach FL

Located within BLOCKS of the BEACH, 16 retaurants, shopping and a Marina!
 IDEAL for conversion to Short Term and Vacation RENTAL!


Click on photo to see a VIDEO tour of the OUTSIDE of this building


LOCATION convenient to everything!


 13 Units (2 TWO BR and 11 ONE BR)
CLICK on PHOTO for a VIDEO tour of the inside of a unit!
LOCATION
Right off the water, BEACH, Restaurants!!
 Units improved
Most units renovated!
 PARKING
24 Tandem parking spaces
 Land & ZONING
On 12,623 SF Land (FAR ratio .63) Zoned RM-15
 UNDER MARKET RENTS
Plenty of room on the upside to increase rents
 CONVERSION POTENTIAL
FANTASTIC Location for short term rentals. Increase income multiple times!


Back of building


Overhead


Overhead
Inside of a unit


Overhead


Click on photo to see a VIDEO tour of the unit!
LOCATION
WALKING DISTANCE to EVERYTHING! (Click on LAYOUT to ENLARGE the drawing)

SURVEY (pending)

Click on SURVEY to ENLARGE the survey

Property Details

Right off THE COVE in DEERFIELD Beach and withing walking distance to BEACH!
1649 SE 4th Street - EMERALD COVE APARTMENTS, Florida.

Great location near shopping, restaurants, Marina, and the BEACH.
CBS Construction, Roof replaced in 2019, All 13 units have new A/C units and Water Heaters since 2020, All windows HURICANNE IMPACT

Information, Drawings are subject to ERROR and should not be relied upon. All income and other information thought to be reliable but not verified. Buyer Due Diligence required. Information gathered from owners and/or sources deemed reliable but not guaranteed. Subject to errors, omissions or withdrawal without notice. For more information, or if you are in the market for a new location, please contact us. We can provide additional information.

FINANCIAL INFORMATION

$4.25 million (FIRM)
Proforma NOI $218,046
Proforma Short Term Rental Conversion NOI $295,150
EMAIL us for Income/Expense proforma and analysis
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or give us a call to get more information. (954) 796-4488

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