Sold for $485,000

$485,000

1426 SE 3rd Terrace, Deerfield Beach, FL 33441

4beds

2baths

1,908sqft

Duplex, Multi Family, Multi Family

Built in 1969

-- sqft lot

$472,900 Zestimate^®

$254/sqft

$2,493 Estimated rent

Home value

$472,900

$421,000 - $530,000

$2,493/mo

Zestimate^® history

Owner options

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$2,493/mo

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$2,493/mo

Rent Zestimate^®

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$3,416/mo

Est. payment

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$3,416/mo

Est. payment

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What's special

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!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2

Heating

Central, Electric, Separate Meters

Cooling

Central Air

Features

Flooring: Ceramic Tile

Interior area

Total interior livable area: 1,908 sqft

Property

Features

Patio & porch: Porch, Balcony
Exterior features: Balcony, Room For Pool
Fencing: Fenced

Lot

Features: < 1/4 Acre

Details

Parcel number: 484307121010
Zoning: RM-10
Special conditions: Listed As-Is

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex, Multi Family, Multi Family

Materials

Block
Roof: Other

Condition

Resale
New construction: No
Year built: 1969

Utilities & green energy

Sewer: Public Sewer
Utilities for property: Cable Available

Community & HOA

Community

Subdivision: Fairlawn 1st Add 43-31 B

HOA

Has HOA: No
Services included: Maintenance Grounds

Location

Region: Deerfield Beach

Financial & listing details

Price per square foot: $254/sqft
Tax assessed value: $370,970
Annual tax amount: $7,265
Date on market: 1/7/2025
Cumulative days on market: 23 days
Listing terms: Cash,FHA,Owner Will Carry

Price history

Date	Event	Price
2/13/2025	Sold	$485,000-11.8%$254/sqft
Source: BeachesMLS #F10479035 Report a problem
1/29/2025	Pending sale	$550,000$288/sqft
Source: BeachesMLS #F10479035 Report a problem
1/14/2025	Price change	$550,000-4.3%$288/sqft
Source: BeachesMLS #F10479035 Report a problem
1/6/2025	Listed for sale	$575,000$301/sqft
Source: BeachesMLS #F10479035 Report a problem