Single-Story
248 SW 7TH Court, Deerfield Beach, FL 33441
For Sale
$449,000
Two residential units offer a straightforward configuration for owner occupancy or rental use.
Property Size1,584 SF
Price / SF$283.46
Days on Market69
Property Features for 248 SW 7TH Court
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
CENTURY 21 Tenace Realty
Listed By:
Andres Mendez · License FL #0690037
(954) 648-1180
Source:
Redpinrealty
Added: Sep 2
Changed: Nov 8
Last Checked: Nov 9 at 5:01PM
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 CENTURY 21 Tenace Realty
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Investment Insights
Based on property information with market context.
This single-story duplex in Deerfield Beach contains 1,584 square feet of finished living space. Built in 1984, the property is configured for use as a two-unit residential income asset or owner occupancy.
A separate corner lot at 243 SW 8th St is also offered for sale.
A separate corner lot at 243 SW 8th St is also offered for sale.
Key Highlights
- Two‑unit residential property
- 1,584 square feet of finished living space
- Single‑story layout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,205
Cap Rate
5.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$484,100
$484.1K
Cap Rate 7%
$345,786
$345.8K
Cap Rate 9%
$268,944
$268.9K
Market Conditions
NOI Build-Up for 1,584 SF
Gross rent
$46.6K $29.40/SF
− Vacancy
−$2.6K −$1.62/SF
EGI
$44.0K $27.78/SF
− OpEx
−$19.8K −$12.50/SF
NOI
$24.2K $15.28/SF
Area
Broward County, FL
Vacancy
5.50%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$484,100
Cap Rate 7%
$345,786
Cap Rate 9%
$268,944
Alternative Uses
Best Use
Apartment 5plus
$345.8K
$302.6K – $403.4K
NOI $24,205 @ 7.0% cap · market cap 5.39%
Second Best
Multifamily LT 5
$265.7K
$232.5K – $310.0K
NOI $18,597 @ 7.0% cap · market cap 4.14%
Theoretical Best
Office A
$803.6K
$703.2K – $937.6K
NOI $56,254 @ 7.0% cap · market cap 12.53%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,034
Businesses Nearby
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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
$381,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Broward County, FL
Properties on Market for Duplexes in Broward County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer a straightforward configuration for owner occupancy or rental use.
Where is this duplex located?
The property is located at 248 SW 7TH Court Deerfield Beach, FL.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Two‑unit residential property; 1,584 square feet of finished living space; Single‑story layout
