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338 SW 1ST Terrace , 3-4

Deerfield Beach, FL 33441
  • $340,000
  • STATUS: Active
  • ON SITE: 16 Days
  • MLS #: T3447221
Price Reduced
UPDATED: 76 min ago
$340,000
  • 2
    BEDS
  • 0.11
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,005
    SQFT
  • $338
    $/SQFT
Neighborhood:
Type:
Townhouse
Built:
1942
County:

School Ratings & Info

Description

Investor special cash cow in the most sought after corner of Deerfield Beach! The landlords surprise early retirement for health reasons offers you the rare chance to snatch up an immediately cash flowing asset at over a 7% cap rate. This freshly renovated duplex boasts a new roof, new AC, and separate water meters for both 1/1 units. Or live in one of these cozy homes and rent the other out for endless passive income. Both units currently occupied. Leases end 1 Sept and 15 October. Investor notes: LTR estimate: $2,700 /mo, with NO nearby competition. STR estimate: $52k yrly gross, at 223 /night and 63% occupancy. Feel free to soft pitch offers to listing agent. Full 2.5% cooperation with non-MLS agents. Just reach out to listing agent below for disclosures and listing info sheet. No HOA/CDD.

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© 2023 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2023-06-09T07:08:27.12.
www.cgyrealty.com/homes/139827726
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338 SW 1ST Terrace , 3-4 Deerfield Beach, FL 33441

  • Price: $340,000
  • Status: Active
  • On Site: 16 Days
  • Updated: 76 min ago
  • MLS #: T3447221
2
Beds
2
Baths
0
½ Baths
0.11
Acres
1,005
SQFT
$338
$/SQFT
1942
Built
Neighborhood:
Miller Add 24-23 B
County:
Broward
Area:
Deerfield Beach
Property Description
Investor special cash cow in the most sought after corner of Deerfield Beach! The landlords surprise early retirement for health reasons offers you the rare chance to snatch up an immediately cash flowing asset at over a 7% cap rate. This freshly renovated duplex boasts a new roof, new AC, and separate water meters for both 1/1 units. Or live in one of these cozy homes and rent the other out for endless passive income. Both units currently occupied. Leases end 1 Sept and 15 October. Investor notes: LTR estimate: $2,700 /mo, with NO nearby competition. STR estimate: $52k yrly gross, at 223 /night and 63% occupancy. Feel free to soft pitch offers to listing agent. Full 2.5% cooperation with non-MLS agents. Just reach out to listing agent below for disclosures and listing info sheet. No HOA/CDD.
Exterior Features

Carport Yn No Construction Materials ConcreteStucco Covered Spaces 0 Direction Faces West Exterior Features Lighting Foundation Details Slab Open Parking YN No Pool Private Yn No Road Surface Type Asphalt Roof Shingle Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Appliances Convection OvenElectric Water HeaterRangeRefrigerator Building Area Total 1005 Cooling Central Air Cooling YN Yes Fireplace Yn No Flooring Laminate Heating Central Heating YN Yes Interior Features Open Floorplan Levels One Room Count 3 Rooms Master Bedroom Living Room Kitchen Sewer Public Sewer Water Source Public

Property Features

Additional Lease Restrictions Buyer To Verify. Association Approval Required Yn No Association Fee Includes None Association Yn No Building Name Number 338 SW 1ST TER # 3-4 Cdd Yn No Community Features None Days Notice To Tenant If Not Ren 15 Days Down Payment Resource Yes Flood Zone Code X Garage Yn No Homestead Yn No Lease Considered YN Yes Lease Restrictions YN No Minimum Lease No Minimum Month To Month Or Weekly Yn Yes New Construction Yn No Ownership Fee Simple Property Sub Type Townhouse Senior Community Yn No Special Listing Conditions None Tax Annual Amount 4954 Total Annual Fees 0 Total Monthly Fees 0 Utilities Bb/Hs Internet AvailableCable ConnectedElectricity ConnectedPhone AvailablePublicSewer ConnectedWater Connected Yrs Of Owner Prior To Leasing Re No Zoning Dbr


Listing information © 2023 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of Florida Capital Realty: 786-953-5870.



© 2023 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2023-06-09T07:08:27.12.
 
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