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    1433-1435 2Nd Ave Deerfield Beach, FL 33441

    For Sale
    $599,900

    High-potential duplex, needs TLC.

    Property size:
    1,926 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This 1958-built, single-story duplex in Deerfield Beach, Florida, presents a compelling investment opportunity. Located at 1433-1435 SE 2nd Ave, 33441, this property boasts a total square footage of 1,926 across two units, situated on a spacious corner lot. The asking price is $599,900. While the property requires some renovations, its potential for significant income generation is undeniable, making it suitable for both investors seeking rental income and owner-occupants looking for a primary residence with an additional income stream. The units are readily accessible for showings. Note that the owner is also selling a comparable duplex across the street, offering the possibility of acquiring both properties at a negotiated price. This multifamily property is located in Broward County and offers a unique chance to capitalize on the Deerfield Beach real estate market. The property's size and location make it an attractive proposition for those seeking a hands-on investment with substantial upside. Equal Housing Opportunity.

    Property Features for 1433-1435 2Nd Ave

    General Information

    Property type
    Multifamily properties
    Square Feet
    1,926 SF

    Building Details

    Year Built
    1958
    Stories
    1

    HighLights

    • $599,900 asking price.
    • Multifamily property, specifically a duplex/triplex/quadruplex apartment building.
    • 1,926 square feet.
    • Built in 1958, one story.
    • Located at 1433‑1435 SE 2nd Ave, Deerfield Beach, FL 33441.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Deerfield Beach
    County
    Broward
    State
    Florida
    Longitude
    -80.1006162
    Latitude
    26.2977666

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    FAQs

    What type of property is this?
    Multifamily property - High-potential duplex, needs TLC.
    Where is this multifamily property located?
    The property is located at 1433-1435 2Nd Ave Deerfield Beach, FL.
    What is the asking price?
    The asking price for this property is $599,900.
    What are key features of this property?
    This property features: $599,900 asking price.; Multifamily property, specifically a duplex/triplex/quadruplex apartment building.; 1,926 square feet.
    Request Owner's contact information
    1433-1435 2Nd Ave Deerfield Beach, FL 33441
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    Deerfield Beach, FL 33441
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1433-1435 2Nd Ave Deerfield Beach, FL 33441
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