Deerfield Beach Duplex | 1426 SE 3rd Ter
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Deerfield Beach Duplex 1426 SE 3rd Ter
2 Unit Block of Flats £460,863 (£230,431/Unit) 7.05% Net Initial Yield Deerfield Beach, FL 33441
Investment Highlights
- Tenants Pay Thier Own Utiliies
- Roof Is Around 11 Years Old
- Units Need TLC
- Price For Quick Sale
Executive Summary
Amazing Investment Opportunity In The Heart Of Deerfield Beach, POTENTIAL CAP RATE OF 7.0+! This Large Duplex Is Perfectly Located Just Minutes To Sandy Beaches, Shopping & Entertainment. Each Unit Offers A Spacious 2-Bedroom, 1-Bath Layout, Florida Room Were Previously Converted To Accommodate A Third Bedroom. Both Units Feature Living Area, Full Kitchen, Washer, Dryer Hookups, Enclosed Patio, & Private Fenced Yards. Roof Is 11+- Years. Tenants Pay All Utilities, Including Water, Electric, & Trash. Potential Income Is $2300+ per unit. Totaling $55,200. Expenses Include Taxes($7,719)Insurance(Estimate)($6000)Lawn($960) Totaling $14,679 For A Potential Net Of $40,521. Units Are In Need Of Some TLC, And Priced Accordingly. This Is Definitely the Diamond In The Rough You've Been Looking For!
Financial Summary (Pro forma - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
£44,243
|
£23.19
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£44,243
|
£23.19
|
| Taxes |
£6,187
|
£3.24
|
| Operating Expenses |
£5,578
|
£2.92
|
| Total Expenses |
£11,765
|
£6.17
|
| Net Operating Income |
£32,478
|
£17.02
|
Financial Summary (Pro forma - 2025)
| Gross Rental Income | |
|---|---|
| Annual | £44,243 |
| Annual Per SF | £23.19 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | £44,243 |
| Annual Per SF | £23.19 |
| Taxes | |
|---|---|
| Annual | £6,187 |
| Annual Per SF | £3.24 |
| Operating Expenses | |
|---|---|
| Annual | £5,578 |
| Annual Per SF | £2.92 |
| Total Expenses | |
|---|---|
| Annual | £11,765 |
| Annual Per SF | £6.17 |
| Net Operating Income | |
|---|---|
| Annual | £32,478 |
| Annual Per SF | £17.02 |
Property Facts
| Price | £460,863 | Apartment Style | Low Rise |
| Price Per Unit | £230,431 | Lot Size | 0.17 AC |
| Sale Type | Investment | Building Size | 1,908 SF |
| Net Initial Yield | 7.05% | Average Occupancy | 0% |
| No. Units | 2 | Number of Floors | 1 |
| Property Type | Residential | Year Built | 1970 |
| Property Subtype | Apartment |
| Price | £460,863 |
| Price Per Unit | £230,431 |
| Sale Type | Investment |
| Net Initial Yield | 7.05% |
| No. Units | 2 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Lot Size | 0.17 AC |
| Building Size | 1,908 SF |
| Average Occupancy | 0% |
| Number of Floors | 1 |
| Year Built | 1970 |
Site Amenities
- Guest Apartment
- Green Community
- Individual Leases Available
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 2+1 | 2 | £1,843 | 954 |
1 of 1
zoning
| Zoning Code | RM-10 (RESIDENTIAL, MULTI-FAMILY) |
| RM-10 (RESIDENTIAL, MULTI-FAMILY) |
1 of 51
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Deerfield Beach Duplex | 1426 SE 3rd Ter
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.