Multifamily in Deerfield Beach, FL 33441
The Cove, 381 SE 15th Ave

Beds
4,642
SqFt
$311
$/SqFt
Mid-Tier MultifamilyProperty Type
1965Year Built
$311/SqFtPrice per sq ft
GardenView
This 6 unit building is a diamond in the rough and is perfect for someone looking for a value-add investment opportunity. The property is in need of renovation and is currently being converted into 2 bedroom, 1 bathroom units. Located just minutes from the ocean and shopping centers, this property is in a prime location for those looking for a beach getaway. With its proximity to the beach, this property is ideal for use as an Air BnB rental and long-term tenants. You can cater to guests looking for a comfortable and affordable place to stay while they explore the area's attractions. The multi-family property boasts a large lot, providing ample parking for guests.The interior of the units is in need of some renovation work, but with the right touch, these units can be transformed into mod and stylish living spaces. Each unit has a spacious living area, with plenty of natural light from the large windows. The bedrooms are well-sized and can comfortably accommodate a family. Overall, this property is an excellent investment opportunity for someone looking to purchase a value-add property in a prime location. With some renovation work, you can turn these units into stylish and comfortable living spaces that will be in high demand as a rental. Don't miss out on this great opportunity!
Listing Courtesy Of: Compass Florida LLC
Local Realty Services Provided By: Best of Luxury Realty
On Site: 1343 DaysUpdated: 86 Days agoPage Views: 0

Features

MLS Number: R10869229
Bedrooms
    Bathrooms
      Exterior and Lot Features
      • View: Garden
      Interior, Heating and Cooling
      • Heating Description: Central
      • Cooling Description: CentralAir
      Building and Construction
      • Floor Description: Terrazzo
      • Year Built: 1965
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2023-02-27T00:38:16.000-00:00
        Taxes, Fees & More
        • Taxes: 15355.1
        • Total Units in Building: 2
        • Total Units in Complex: 6

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        Price History

        Current
        $1.4M
        High
        $1.6M
        Low
        $1.4M
        Total Change
        -12.4%
        $1.7M$1.5M$1.4MFeb 23Jun 23
        Date
        Event
        Price
        Change
        Price Per
        06/13/2023
        Sold
        $1.4M
        -12.42%
        $311 ft2
        $3,351 m2
        02/27/2023
        Listed
        $1.6M
         
        $355 ft2
        $3,826 m2
        06/13/2023
        $1.4M
        Event
        Sold
        Change
        -12.42%
        Price Per
        $311 ft2
        $3,351 m2
        02/27/2023
        $1.6M
        Event
        Listed
        Price Per
        $355 ft2
        $3,826 m2
        Price per square foot and days on website are not provided values and are calculated by Subdivisions.
        Listed by Jeffrey Creegan • Compass Florida LLC • Buyer Agency Compensation .
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        Community Snapshot
        2 – 6 BR
        Bedrooms
        $619K – $10.8M
        Price Tier
        800 - 8,558
        SqFt Range
        1961
        Year Build
        1
        Total Floors

        Subdivision Amenities

        None
        Pool
        Sidewalks

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