Renovated Duplex with
8-10 NE 9th Avenue Deerfield Beach, FL 33441
8-10 NE 9th Avenue, Deerfield Beach, FL, 33441
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For Sale
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Fully renovated duplex with a pool and updated kitchen, bathrooms, flooring, and a 2014 roof.
Property Size2,142 SF
Price / SF$373.44
Days on Market52
Property Features for 8-10 NE 9th Avenue
General Information
- Standard status
- Active
- Size
- 2,142 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1972
Listing agency
Sainaam Realty & Investment
Listed by
Ravi Mohanka · License #3034455
Source
Crexi
Added: Jun 2 Updated: Jul 22 at 2:09PM Checked: Jul 22 at 2:09PM
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 Sainaam Realty & Investment
Investment Insights
Based on property information with market context.
This fully renovated duplex offers two updated units and an outdoor pool, along with interior improvements that include a brand new kitchen with quartz countertops, new cabinets, and a new sink. The property also features updated bathrooms and new flooring, with a 2014 roof.
The home is listed as about 1 mile from the ocean in Deerfield Beach, with proximity described to shopping, dining, parks, schools, and local recreation. The outdoor area includes separate open patios and a fenced-in backyard space.
The configuration supports either an owner-occupant arrangement on one side with rental income on the other, or use as a vacation rental given the stated closeness to the beach and surrounding amenities.
The home is listed as about 1 mile from the ocean in Deerfield Beach, with proximity described to shopping, dining, parks, schools, and local recreation. The outdoor area includes separate open patios and a fenced-in backyard space.
The configuration supports either an owner-occupant arrangement on one side with rental income on the other, or use as a vacation rental given the stated closeness to the beach and surrounding amenities.
Key Highlights
- Fully renovated duplex built in 1972
- 1‑mile distance to the ocean in Deerfield Beach
- Pool on‑site with separate open patios and a fenced‑in backyard
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 | $54.0k | $25.20 |
| − Vacancy | −$3.0k | −$1.39 |
| EGI | $51.0k | $23.81 |
| − OpEx | −$15.3k | −$7.14 |
| NOI | $35.7k | $16.67 |
2,142 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$510.1K
$446.3K – $595.1K
NOI $35,707 @ 7.0% cap · market cap 4.46%
Second Best
Apartment 5plus
$470.6K
$411.8K – $549.1K
NOI $32,943 @ 7.0% cap · market cap 4.12%
Theoretical Best
Office A
$1.09M
$950.9K – $1.27M
NOI $76,071 @ 7.0% cap · market cap 9.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Fully renovated duplex with a pool and updated kitchen, bathrooms, flooring, and a 2014 roof.
Where is this duplex located?
The property is located at 8-10 NE 9th Avenue Deerfield Beach, FL.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Fully renovated duplex built in 1972; 1‑mile distance to the ocean in Deerfield Beach; Pool on‑site with separate open patios and a fenced‑in backyard
