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262 SE 9th Avenue

Deerfield Beach, FL 33441
  • $899,000
  • STATUS: Active
  • ON SITE: 9 days
  • ID#: RX-10722422
UPDATED: 56 min ago
$899,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,487
    SQFT
  • $361
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1974
County:

School Ratings & Info

Description

Rare quadplex with courtyard in desirable Deerfield Beach with existing AirBnB license and excellent rental history. Consists of one 2/1, two 1/1's, and a one 1-Bedroom efficiency. Two of the units have private outside fenced yards. One of the 1/1 has an annual tenant at $1300/month; lease expires April 2022. The other units are AirBnB and fully equipped and furnished. Large corner lot close to shopping and beaches. Separate electric meters, new electric panels. Three A/Cs are 2020. Roof has been sealed and waterproofed. New hot water heaters in Apts A & C. Laundry room with washer/dryer. Perfect for investors or 1031 exchange. Properties like this don't hit the market often. Easy income property in prime Deerfield Beach.

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www.palmbeachcountyhomesearch.com/homes/118019041
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262 SE 9th Avenue Deerfield Beach, FL 33441

  • Price: $899,000
  • Status: Active
  • Updated: 56 min ago
  • ID#: RX-10722422
0
Beds
0
Baths
0
½ Baths
0.18
Acres
2,487
SQFT
$361
$/SQFT
1974
Built
Neighborhood:
Town Acres
County:
Broward
Area:
Deerfield Beach
Property Description
Rare quadplex with courtyard in desirable Deerfield Beach with existing AirBnB license and excellent rental history. Consists of one 2/1, two 1/1's, and a one 1-Bedroom efficiency. Two of the units have private outside fenced yards. One of the 1/1 has an annual tenant at $1300/month; lease expires April 2022. The other units are AirBnB and fully equipped and furnished. Large corner lot close to shopping and beaches. Separate electric meters, new electric panels. Three A/Cs are 2020. Roof has been sealed and waterproofed. New hot water heaters in Apts A & C. Laundry room with washer/dryer. Perfect for investors or 1031 exchange. Properties like this don't hit the market often. Easy income property in prime Deerfield Beach.
Exterior Features

Carport Spaces 0.00 Construction Cbs Exterior Features Auto SprinklerOpen Patio Lot Description < 1/4 Acre Private Pool YN No Roof Concrete Tile Unit1 Parking Space Parking Unit2 Parking Space Parking Unit3 Parking Space Parking Unit4 Parking Space Parking Waterfront Description None Waterfront YN No

Interior Features

Cooling Electric Flooring Ceramic Tile Heating Electric Unit1 Bedrooms 1 Unit1 Desc A/C Unit Unit1 Full Baths 1 Unit1 Furnished Yes Unit1 Sq Ft 0 Unit2 Bedrooms 1 Unit2 Desc A/C Unit Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 0 Unit3 Bedrooms 2 Unit3 Desc A/C Unit Unit3 Full Baths 1 Unit3 Furnished Yes Unit3 Sq Ft 0 Unit4 Desc A/C Unit Unit4 Furnished Yes Unit4 Info Efficiency Unit4 Sq Ft 0

Property Features

Annual Net Operating Income 90000.00 Annual Total Expenses 40000.00 Available Info Leases Built Desc Resale Gross Operating Income 130000.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Multifamily Type Quad Plex Possession At Closing REO No Restrictions None Separate Electric Meters Yes Separate Water Meters No Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses OtherOwnerProforma Sq Ft Total 2487.00 Subdivision Amenities None Tax Amount 7490.84 Tax Year 2020 Taxes City/County Tenant Pays CableElectric Terms Considered CashConventional Unit1 Monthly Income 2800.00 Unit2 Lease Ends 2022-04-30 Unit2 Monthly Income 1300.00 Unit3 Monthly Income 3375.00 Unit4 Monthly Income 2800.00 Utilities CableElectricPublic SewerPublic Water Zoning Rm-10

Listing provided courtesy of Granath Realty Group, Inc. Listing information © 2021 BeachesMLS
 
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