Renovated Two-Unit
For Sale
$799,995
404 SE 6th Avenue, Deerfield Beach, FL 33441
Two residential units include a two-bedroom, two-bath main residence and a one-bedroom, one-bath rental unit.
Property Size2,372 SF
Price / SF$337.27
Days on Market16
Property Features for 404 SE 6th Avenue
General Information
Standard status
Active
Size
2,372 SF
Property subtype
Duplex
Amenities
pool
screened-in patio
Building Details
Building Size
2,372 SF
Year Built
1979
Listing Agency:
Dynasty Realty Group Inc
(617) 816-8861
Listed By:
Christine A Ferrara · License #3238230
(617) 816-8861
Source:
Pamandtoni
Added: Jul 17
Changed: Jul 31
Last Checked: Jul 31 at 10:53AM
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 Dynasty Realty Group Inc
Investment Insights
Based on property information with market context.
This 2,372-square-foot duplex, built in 1979, includes a fully renovated main unit with 2 bedrooms and 2 full bathrooms, along with a second unit featuring 1 bedroom and 1 full bathroom. The two-unit configuration supports an owner-occupied or rental-oriented residential setup, as described in the property information.
Outdoor improvements include a sizable tiled pool, a low-maintenance artificial grass area, and a spacious screened-in patio suited for year-round outdoor living. The property is located at 404 SE 6th Avenue in Deerfield Beach, Florida, minutes from the beach, restaurants, and local hotspots.
Outdoor improvements include a sizable tiled pool, a low-maintenance artificial grass area, and a spacious screened-in patio suited for year-round outdoor living. The property is located at 404 SE 6th Avenue in Deerfield Beach, Florida, minutes from the beach, restaurants, and local hotspots.
Key Highlights
- Fully renovated main unit with 2 bedrooms and 2 full bathrooms
- Second unit includes 1 bedroom and 1 full bathroom
- 2,372‑square‑foot duplex built in 1979
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 | $59.8k | $25.20 |
| − Vacancy | −$3.3k | −$1.39 |
| EGI | $56.5k | $23.81 |
| − OpEx | −$16.9k | −$7.14 |
| NOI | $39.5k | $16.67 |
2,372 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$564.9K
$494.3K – $659.0K
NOI $39,541 @ 7.0% cap · market cap 4.94%
Second Best
Apartment 5plus
$521.1K
$456.0K – $608.0K
NOI $36,480 @ 7.0% cap · market cap 4.56%
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $84,239 @ 7.0% cap · market cap 10.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,404
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units include a two-bedroom, two-bath main residence and a one-bedroom, one-bath rental unit.
Where is this duplex located?
The property is located at 404 SE 6th Avenue Deerfield Beach, FL.
What is the asking price?
The asking price for this property is $799,995.
What are key features of this property?
This property features: Fully renovated main unit with 2 bedrooms and 2 full bathrooms; Second unit includes 1 bedroom and 1 full bathroom; 2,372‑square‑foot duplex built in 1979
