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Bean Group
Offered at $1,350,000Active
beds
—
baths
0
sq ft
1,780
Built
1952

1979 NE 3rd Street #1-4

Deerfield Beach, FL 33441

About this home

INVESTOR OPPORTUNITY JUST ONE BLOCK FROM THE BEACH! Rare chance to own a fully occupied quadplex in one of South Florida's most desirable coastal locations, situated on the Palm Beach County line between Deerfield Beach and Boca Raton. Located just north of the iconic Deerfield Beach Pier and steps from the sand, this income-producing property offers immediate cash flow with strong upside potential. The property consists of four fully leased units with new annual leases in place. Units 1 and 4 are one-bedroom residences currently rented at $1,600 per month, while Units 2 and 3 are efficiencies rented at $1,400 per month. With all four units occupied, investors can enjoy stable rental income from day one. Beyond its current income stream, this property has amazing redevelopment potential.

Listing last checked: Listing updated:

Listed by Jill Kendall, Judith J Wheeler PA · RE/MAX Select Group · MLS #B26035483

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Details at a glance

Interior3 property facts
Heating
Wall Furnace
Cooling
Wall/Window Unit(s)
Flooring
Ceramic Tile
Building4 property facts
Style
Quadruplex
Year built
1952
Parking
5
Roof
Composition
Land & utilities4 property facts
Lot size
0.16 acres
Water
Public
Sewer
Public Sewer
Zoning
RM-25
Financial2 property facts
Annual taxes
$20,738
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $1,350,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$8,555 / monthAdjust
Principal & interest
$6,826
Property tax
$1,728
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $20,738. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 1979 NE 3rd Street #1-4

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Request a tour of 1979 NE 3rd Street #1-4 and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

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