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

$1.6M12.4%
$1,445,000
4,642
SqFt
Status
Sold - Jun 13, 2023
Size
4,642 SqFt (431 m2)
Price
$311/SqFt ($3,351/m2)
Type
Multifamily
Built
1965
MLS Number
R10869229
View
Garden
On Site
1292 Days
Updated
35 Days ago
Page Views
0
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!

Features

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

        Apples-to-Apples Comparables

         Closest-Match Comparables
        See closest-match comps for this subdivision
        No obligation
        Verified
        Trends
        Insights
        Seller Advisory
        A smarter move starts with the right information
        Get a complimentary hyperlocal market review with human agent-verified comps and pricing guidance
        01
        Market Review
        Local market intelligence
        02
        Verified Comps
        Human agent-verified comparables
        03
        Pricing Guidance
        Actionable pricing recommendations
        Complimentary. No obligation

        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 CreeganCompass Florida LLC • Buyer Agency Compensation .

        Listing Location & Street View
        MapStreet View

        Peer Listings

        Active listings from matched communities
        Results 0 of 0
        No listings found
        Try adjusting your filters or changing your location to see available listings
        Turn on listing alerts and we'll notify you
        when matching listings appear

        Scores

        Walk Score®
        Very Walkable. Most errands can be accomplished on foot
        70

        100
        Transit Score®
        Some Transit. A few nearby public transportation options
        30

        100
        Bike Score®
        Bikeable. Some bike infrastructure
        55

        100
        Sound Score®
        Bearable noise
        77

        100
        Airport Score
        Close to airports. Noticeable airport activity
        0

        100
        Traffic Score
        Congested area. Frequent traffic delays
        28

        100
        Local Score
        Limited local amenities nearby
        0

        100
        Community Snapshot
        2 – 6 BR
        Bedrooms
        $600K – $10.8M
        Price Tier
        800 - 8,558
        SqFt Range
        1961
        Year Build
        1
        Total Floors

        Subdivision Amenities

        Boating
        None
        Pool
        Sidewalks

        Deerfield Beach
        Mid-Tier
        Mid-Tier Homes & Condos

        The Cove Communities in Deerfield Beach, FL