Turnkey Quadplex With Impact
166 SW 3rd Street # d #A-d Deerfield Beach, FL 33441
166 SW 3rd Street # d #A-d, Deerfield Beach, FL, 33441
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For Sale
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Turnkey quadplex with impact windows, multiple electric and water meters, and a 2017 roof.
Property Size2,432 SF
Price / SF$349.51
Days on Market10
Property Features for 166 SW 3rd Street # d #A-d
General Information
- Standard status
- Active
- Size
- 2,432 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1960
Listing Agency
LoKation
(954) 545-5583
Listed by
Jino Kuriakose · License #3285990
Source
Crexi
Added: Jul 8 Checked: Jul 16 at 11:28 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LoKation
Investment Insights
Based on property information with market context.
This turnkey quadplex includes all impact windows, four electric meters, and four water meters, with a roof installed in 2017. Unit B and Unit D have fresh interiors, including new ceiling fans, recessed lighting, and updated kitchens and bathrooms. Unit B also features a brand-new 2-ton central AC. Units A and C are rented to long-term tenants on month-to-month terms.
The property is easy to show and is currently vacant with lockbox access.
With four total units, the configuration is well-suited for income-focused buyers seeking a mix of updated interiors and existing occupancy.
The property is easy to show and is currently vacant with lockbox access.
With four total units, the configuration is well-suited for income-focused buyers seeking a mix of updated interiors and existing occupancy.
Key Highlights
- Quadplex built in 1960 with impact windows throughout
- 2017 roof
- All units have multiple utilities with 4 electric meters and 4 water meters
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $61.3k | $25.20 |
| − Vacancy | −$3.4k | −$1.39 |
| EGI | $57.9k | $23.81 |
| − OpEx | −$17.4k | −$7.14 |
| NOI | $40.5k | $16.67 |
2,432 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$579.2K
$506.8K – $675.7K
NOI $40,541 @ 7.0% cap · market cap 4.77%
Second Best
Apartment 5plus
$534.3K
$467.5K – $623.4K
NOI $37,403 @ 7.0% cap · market cap 4.40%
Theoretical Best
Office A
$1.23M
$1.08M – $1.44M
NOI $86,370 @ 7.0% cap · market cap 10.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
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FAQs
What type of property is this?
Quadplex - Turnkey quadplex with impact windows, multiple electric and water meters, and a 2017 roof.
Where is this quadplex located?
The property is located at 166 SW 3rd Street # d #A-d Deerfield Beach, FL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Quadplex built in 1960 with impact windows throughout; 2017 roof; All units have multiple utilities with 4 electric meters and 4 water meters
