Duplex In Deerfield Beach | 1413 SE 4th Ave
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Duplex In Deerfield Beach 1413 SE 4th Ave
2 Unit Apartment Building $969,159 CAD ($484,579 CAD/Unit) 6.72% Cap Rate Deerfield Beach, FL 33441
Investment Highlights
- Fully Renovated Duplex In The Heart Of Deerfield Beach
- Each Unit Has Large Private Fenced In Back Yards
- Units Have Hurricane Impact Windows, Doors
Executive Summary
Check Out This Fully Renovated Duplex In The Heart Of Deerfield Beach! Featuring Hurricane Impact Windows, Doors, New Flooring, Updated Electric & Newer Air Conditioners. Gorgeous Kitchens With Modern Cabinets, Quartz Countertops, & Stainless Steel Appliances. Each Unit Has 2 Bedrooms 1 Bathroom, With An Enclosed Florida Room That Could Easily Be Converted Into A 3rd Bedroom. Units Also Include A Full-Size Washer, Dryer, Along With A Large Private Fenced In Back yard. The Property Is Generating An Annual Gross Income Of $59,400 With A Potential Market Income Of $69,600. Expenses Include Lawn ($960) Water & Trash ($2,400) Flood Insurance ($1,100) Taxes ($8,122) Totaling $12,582. This Leaves A Potential Net Income Of $46k To $55k. Also For Sale Is 1457 Se 4th
Financial Summary (Actual - 2023) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $969,159 CAD | Building Class | B |
| Price Per Unit | $484,579 CAD | Lot Size | 0.16 AC |
| Sale Type | Investment | Building Size | 2,280 SF |
| Cap Rate | 6.72% | Average Occupancy | 100% |
| No. Units | 2 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1969/2020 |
| Property Subtype | Apartment | Parking Ratio | 3.07/1,000 SF |
| Apartment Style | Low Rise |
| Price | $969,159 CAD |
| Price Per Unit | $484,579 CAD |
| Sale Type | Investment |
| Cap Rate | 6.72% |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 0.16 AC |
| Building Size | 2,280 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1969/2020 |
| Parking Ratio | 3.07/1,000 SF |
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Refrigerator
- Range
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | $3,502 CAD | - |
1 of 1
zoning
| Zoning Code | R1-A (Multi-Family) |
| R1-A (Multi-Family) |
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Duplex In Deerfield Beach | 1413 SE 4th Ave
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