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1944 NE 5th Street Deerfield Beach, FL $ 2,299,000
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$ 2,299,000 Get more info
1944 NE 5th Street
$ 2,299,000
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1944 NE 5th Street

Deerfield Beach, FL, 33441
$ 2,299,000
Baths0.0 Sq 2,549

Monthly Estimate*

$ 14,155

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Studio

Multi-Family Home for sale in Deerfield Beach, FL

for $2,299,000. This 2,549 square foot home was built in 1947.

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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Multi-Family Active

Price

$ 2,299,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 24,141

Style

Year Built

1947

Town/City

Deerfield Beach

County/Region

Broward

MLS | Web ID

F10488055
Features
General
Sewer Public Sewer
Heating Central Electric Separate Meters
Cooling Central Air Ceiling Fan(s) Electric
Utilities Cable Available
Possession Negotiable
Roof Composition Shingle
Association Fee Includes Electricity Hot Water Maintenance Grounds Sewer Trash Water
Construction Materials Block
Year Built 1947
Property Subtype Quadruplex
Tax Year 2024
County Broward
New Construction false
Property Type Residential Income
Subdivision Name Ocean Vue 3-34 B
Status Active
Directions please use GPS
High School Deerfield Beach
City Deerfield Beach
Disclosures Owner Is Listing Agent
Number Of Units Total 4
MLS Area 3111
Elementary School Deerfield Beach
Tax Annual Amount 24141
Middle/Junior High School Deerfield Beach
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/1944-NE-5th-St-Deerfield-Beach-FL-33441/unbranded
Standard Status Active
Property Sub Type Additional Quadruplex
Legal Description OCEAN VUE 3-34 B LOT 8 W 25 LOT 9 BLK 9
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Interior
Flooring Clay Tile
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Lot Features < 1/4 Acre
Spa true
Lot Dimensions 10 127
Waterfront Y/N false
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* Excluded Features
List By
Mariela Lechin PA

Listing Agent

Affordability Calculator

$16,167
Per Month
88%
12%
0%
Monthly Principal & Interest
$14,155
Monthly Property Taxes
$2,012
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4206137 Elementary School
4205469 Middle School
Deerfield Beach High School High School
See complete school information
Pricing History
Date Price Price Change Description
1/14/2026 $2,299,000 Listed Price

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1944 NE 5th Street, Deerfield Beach, FL, 33441 is a Multi-Family Home for sale at $2,299,000 with 2,549 sqft. 1944 NE 5th Street is a studio with 0.0 baths and was built in 1947. The property's zip code is 33441 which is in Deerfield Beach, FL

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