Fully Leased Quadplex Near
For Sale
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1979 NE 3rd Street # 4 #1-4, Deerfield Beach, FL 33441
Four fully leased units offer immediate rental occupancy in a coastal Deerfield Beach area setting.
Property Size1,780 SF
Price / SF$814.61
Days on Market65
Property Features for 1979 NE 3rd Street # 4 #1-4
General Information
Standard status
Active
Size
1,780 SF
Property subtype
Multifamily
Occupancy
100%
Additional Details
Business Included
Yes
Multifamily Units
4
Building Details
Year Built
1952
Tenancy
Multi
Listing Agency:
RE/MAX Select Group
Listed By:
Jill Kendall · License #3487296
Source:
Crexi
Added: Jun 2
Changed: Jul 10
Last Checked: Aug 4 at 12:34PM
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 RE/MAX Select Group
Investment Insights
Based on property information with market context.
This property is a quadplex configured as four fully occupied residential units. Units 1 and 4 are one-bedroom residences, and Units 2 and 3 are efficiencies. The units are described as having new annual leases in place, supporting continued tenancy across the full property.
The asset is located just one block from the beach on the Palm Beach County line between Deerfield Beach and Boca Raton. It is noted as being just north of the Deerfield Beach Pier and within walking distance to the sand.
For investors or buyers seeking an income-producing multifamily structure with full occupancy, this quadplex provides an immediately leased setup with rental income coming from all four units. The mix of one-bedroom units and efficiency units may also appeal to tenants looking for different layouts within the same building. Additionally, the offering notes redevelopment potential, which may be relevant for buyers evaluating longer-term repositioning strategies.
The asset is located just one block from the beach on the Palm Beach County line between Deerfield Beach and Boca Raton. It is noted as being just north of the Deerfield Beach Pier and within walking distance to the sand.
For investors or buyers seeking an income-producing multifamily structure with full occupancy, this quadplex provides an immediately leased setup with rental income coming from all four units. The mix of one-bedroom units and efficiency units may also appeal to tenants looking for different layouts within the same building. Additionally, the offering notes redevelopment potential, which may be relevant for buyers evaluating longer-term repositioning strategies.
Key Highlights
- Quadplex built in 1952 with four fully leased units providing occupancy from day one
- Unit 1 and Unit 4 are 1‑bedroom rentals at $1,600 per month each
- Unit 2 and Unit 3 are efficiency rentals at $1,400 per month each
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
703
Businesses Nearby
Explore this area
Business Placement
Demographics for 33441, FL
29,311
Population
15,225
Households
1.9
Avg Household Size
43
Median Age
28%
College-Educated
88%
High-School Grad
4.8 sq mi
ZIP Area
6,106
Density / Sq Mi
$57,257
Median Household Income
$35,163
Median Earnings
$1,544
Median Rent
$381,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four fully leased units offer immediate rental occupancy in a coastal Deerfield Beach area setting.
Where is this quadplex located?
The property is located at 1979 NE 3rd Street # 4 #1-4 Deerfield Beach, FL.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Quadplex built in 1952 with four fully leased units providing occupancy from day one; Unit 1 and Unit 4 are 1‑bedroom rentals at $1,600 per month each; Unit 2 and Unit 3 are efficiency rentals at $1,400 per month each
