Duplex With Two Rental
770 SW 2nd Ave Deerfield Beach, FL 33441
770 SW 2nd Ave, Deerfield Beach, FL, 33441
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For Sale
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Duplex offers a 3-bedroom unit and a 2-bedroom, 1-bath unit, with yard space and quick access to I-95.
Property Size1,465 SF
Price / SF$361.77
Days on Market147
Property Features for 770 SW 2nd Ave
General Information
- Standard status
- Active
- Size
- 1,465 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1972
Listing agency
Premier Realty Homes LLC
(786) 486-5805
Listed by
Adrienne Stephens Walks · License #3309079
Source
Crexi
Added: Feb 25 Updated: Jul 20 at 7:07PM Checked: Jul 22 at 6:18AM
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 Premier Realty Homes LLC
Investment Insights
Based on property information with market context.
This duplex includes two rental units designed for income-focused ownership: one spacious 3-bedroom unit and one 2-bedroom, 1-bath unit. The property also features yard space, adding usable outdoor area for tenants.
The location provides quick access to I-95, supporting convenient commuting and everyday accessibility.
Offered for sale as a residential income property, this duplex presents a straightforward two-unit configuration for buyers seeking rental revenue from both units.
The location provides quick access to I-95, supporting convenient commuting and everyday accessibility.
Offered for sale as a residential income property, this duplex presents a straightforward two-unit configuration for buyers seeking rental revenue from both units.
Key Highlights
- Duplex with a 3‑bedroom unit and a 2‑bedroom, 1‑bath unit
- Built in 1972
- Includes yard space
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 | $36.9k | $25.20 |
| − Vacancy | −$2.0k | −$1.39 |
| EGI | $34.9k | $23.81 |
| − OpEx | −$10.5k | −$7.14 |
| NOI | $24.4k | $16.67 |
1,465 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$348.9K
$305.3K – $407.0K
NOI $24,421 @ 7.0% cap · market cap 4.61%
Second Best
Apartment 5plus
$321.9K
$281.6K – $375.5K
NOI $22,531 @ 7.0% cap · market cap 4.25%
Theoretical Best
Office A
$743.3K
$650.4K – $867.1K
NOI $52,028 @ 7.0% cap · market cap 9.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Duplex offers a 3-bedroom unit and a 2-bedroom, 1-bath unit, with yard space and quick access to I-95.
Where is this duplex located?
The property is located at 770 SW 2nd Ave Deerfield Beach, FL.
What is the asking price?
The asking price for this property is $529,999.
What are key features of this property?
This property features: Duplex with a 3‑bedroom unit and a 2‑bedroom, 1‑bath unit; Built in 1972; Includes yard space
