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    229 10Th Ave Deerfield Beach, FL 33441

    Sponsored
    For Sale
    $650,000

    13-Unit Office Building, $650,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 13-unit office building, located at 229 SW 10th Street in Deerfield Beach, Florida, presents a compelling investment opportunity. Built in 1965, the property is situated in Broward County, zip code 33441, and offers significant potential for both commercial and residential use. The building's address is conveniently located at 26.3051827 latitude and -80.1066467 longitude. While the lot size is not specified, the asking price for this property is $650,000. This presents a unique chance to acquire a multi-unit property in a desirable Florida location. The 13 individual units provide flexibility for a variety of uses and potential rental income streams. Investors will appreciate the established nature of this property, offering immediate potential for return. The property's location in Deerfield Beach provides access to a thriving local economy and a strong residential population. Further investigation into the potential for both commercial and residential uses is encouraged. This is an excellent opportunity for an investor seeking a well-positioned property with multiple income streams in a growing Florida market. The property's age provides an opportunity for potential renovations and upgrades to increase value and rental income. Serious inquiries are welcome.

    Property Features for 229 10Th Ave

    General Information

    Property type
    Office Properties & Spaces

    Building Details

    Year Built
    1965
    Units
    13

    HighLights

    • 13‑unit office building in Deerfield Beach, FL.
    • Located at 229 SW 10th Street, Deerfield Beach, FL 33441.
    • Built in 1965, offering potential for commercial and residential use.
    • Asking price: $650,000.
    • Provides multiple income streams.
    • Located in a desirable Florida market with strong potential for return on investment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Dental Office Spa & Massage 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
    -80.1066467
    Latitude
    26.3051827

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    FAQs

    What type of property is this?
    Office Property / Space - 13-Unit Office Building, $650,000
    Where is this office property / space located?
    The property is located at 229 10Th Ave Deerfield Beach, FL.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: 13-unit office building in Deerfield Beach, FL.; Located at 229 SW 10th Street, Deerfield Beach, FL 33441.; Built in 1965, offering potential for commercial and residential use.
    Request Owner's contact information
    229 10Th 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
    229 10Th Ave Deerfield Beach, FL 33441
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