Ocean Vue, 1944 NE 5th St, Deerfield Beach, FL 33441

2,699,000(-7.41% )
$2,499,000Price
2,549SqFt

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Details

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Status:
Active
Size: 2,549 SqFt (237 m2)
Price: $980/SqFt ($10,553/m2)
Type: Multi Family
Built: 1947
MLS Number: F10488055
On Site: 156 Days
Updated: 22 Days ago
Page Views: 0
The island resort at deerfield beach is a resort style property with hundreds of 5 star reviews online. This property has been running as a short term rental property for the last three years. 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.
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central,Electric
        • Cooling Description: CentralAir, CeilingFans, Electric
        Building and Construction
        • Floor Description: Clay,Tile
        • Year Built: 1947
        • Year Built Description: Resale
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2025-02-24T08:24:19.000-00:00
          Taxes, Fees & More
          • Taxes: 24141
          • Total Units in Building: 4

          Price History

          06/23/2025

          Date

          Price Reduced

          Event

          $2.5M

          Price

          -7.41%

          Change Rate

          $980 ft2 / $10,553 m2

          Price Per

          06/04/2025

          Date

          Price Reduced

          Event

          $2.7M

          Price

          -6.93%

          Change Rate

          $1,059 ft2 / $11,397 m2

          Price Per

          02/24/2025

          Date

          Listed

          Event

          $2.9M

          Price

          $1,138 ft2 / $12,246 m2

          Price Per

          Price per square foot and days on website are not provided values and are calculated by Subdivisions.

          Listed by Mariela LechinUnited Realty Group Inc • Buyer Agency Compensation .

          Instant Comps

          $300/ft²
          $500/ft²
          $900/ft²
          $1,300/ft²

          Unit 1944 NE 5th St – Asking

          $980/ft²

          (+108%) from Closed Medium $/ft²

          Closed Medium $/ft²

          $471/ft²
          Community $/Price Range (Closed) $423/ft² – $1134/ft²
          No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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