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Multifamily in Deerfield Beach, FL 33441Fairlawn, 1426 SE 3rd Ter
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Own in Fairlawn?
Closed
Beds
1,908
SqFt$254
$/SqFtSold - Feb 13, 2025
Premium Multifamily
Built in 1969
Balcony
Amazing Investment Opportunity In The Heart Of Deerfield Beach, POTENTIAL CAP RATE OF 7.0+! This Large Duplex Is Perfectly Located Just Minutes To Sandy Beaches, Shopping & Entertainment. Each Unit Offers A Spacious 2-Bedroom, 1-Bath Layout, Florida Room Were Previously Converted To Accommodate A Third Bedroom. Both Units Feature Living Area, Full Kitchen, Washer, Dryer Hookups, Enclosed Patio, & Private Fenced Yards. Roof Is 11+- Years. Tenants Pay All Utilities, Including Water, Electric, & Trash. Potential Income Is $2300+ per unit. Totaling $55,200. Expenses Include Taxes($7,719)Insurance(Estimate)($6000)Lawn($960) Totaling $14,679 For A Potential Net Of $40,521. Units Are In Need Of Some TLC, And Priced Accordingly. This Is Definitely the Diamond In The Rough You've Been Looking For!
MLS Number: F10479035
On Site: 650 Days
Updated: 58 Days ago
Page Views: 0
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Features
Bedrooms
Bathrooms
Exterior and Lot Features
- Exterior Features: Balcony,RoomForPool
Interior, Heating and Cooling
- Heating Description: Central, Electric, SeparateMeters
- Cooling Description: CentralAir
Building and Construction
- Floor Description: CeramicTile
- Year Built: 1969
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2025-01-06T13:51:08.000-00:00
Taxes, Fees & More
- Maintenance Includes: MaintenanceGrounds
- Taxes: 7265
- Real Estate Taxes: 370970
- Total Floors in Building: 1
- Total Units in Building: 2
- Total Units in Complex: 2
Apples-to-Apples Comparables
Price History
Current
$485K
High
$575K
Low
$485K
Total Change
-15.7%Date
Event
Price
Change
Price Per
02/13/2025
Sold
$485K
-11.82%$254 ft2
$2,736 m2
01/14/2025
Price Reduced
$550K
-4.35%$288 ft2
$3,103 m2
01/06/2025
Listed
$575K
$301 ft2
$3,244 m2
02/13/2025
$485K
Event
Sold
Change
-11.82%Price Per
$254 ft2
$2,736 m2
01/14/2025
$550K
Event
Price Reduced
Change
-4.35%Price Per
$288 ft2
$3,103 m2
01/06/2025
$575K
Event
Listed
Price Per
$301 ft2
$3,244 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Carlos Montoya • Fidelity Real Estate Group LLC • Buyer Agency Compensation .
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Community Snapshot
3 – 4 BR
Bedrooms
$550K – $785K
Price Tier
957 - 3,070
SqFt Range
1961
Year Build
1
Total Floors
Subdivision Amenities
None
Pool
Sidewalks
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