1944 NE 5th Street, Deerfield Beach, FL 33441 (MLS# F10488055)

1944 NE 5th Street, Deerfield Beach, FL 33441

$2,299,000

Virtual Tour

https://www.propertypanorama.com/1944-NE-5th-St-Deerfield-Beach-FL-33441/unbranded

Property Type: Residential Income Square Footage: 2,549 Status: Active

Current Price: $2,299,000 List Date: 2/23/2025 Last Modified: 4/09/2026

Overview

Description

Only two blocks from the beach, this well established resort and amazing cash producing property is one of the most sought after spots for short stays in the area. It already has bookings for next season while still offering a lot of future opportunities for growth and increased income. Officially a fourplex, with a 2/2 that is split into a 1/1 with full kitchen and bathroom and a studio, also with full kitchen & bathroom, it rents as 1 single family home and 4 villas. The Island Resort offers many avenues for investment and future development in A+ prime location in gorgeous South East Florida. Great investment opportunity! The Island Resort at Deerfield Beach has been running as a short term rental property for the last three years with hundreds of 5 star reviews online.

Listing Details MLS# F10488055

General Property Information

Number Of Units Total: 4
Property Sub Type: Quadruplex
Living Area Main: 2549
Year Built: 1947
Gated Community YN: No
Lot Size Dimensions: 10,127
Stories Total: Yes
Pool Private YN: No
Spa YN: Yes
LP/Assessed Value: 2.07

Property Features

Association Fee Includes: Electricity; Hot Water; Maintenance Grounds; Trash; Water Documents Available: Existing Survey; Financial Statement; Other Available Information; Service Contracts Flooring: Clay; Tile Property Condition: Resale Construction Materials: Block Cooling: Ceiling Fan(s); Central Air; Electric Heating: Central; Electric; Separate Meters Listing Terms: Cash; Conventional; Owner Will Carry Possession: Negotiable Roof: Composition; Shingle Sewer: Public Sewer Tax Information: Tax Reflects No Exemptions Utilities: Cable Available Showing Requirements: Appointment Only; See Remarks Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 2900000

Location and Legal

Country: United States
County Or Parish: Broward
County Parish Name: Broward
Street Number: 1944
Street Direction Prefix: NE
Street Name: 5th
Street Suffix: Street
City Name: Deerfield Beach
State Or Province: FL
Postal Code: 33441
Postal Code +4: 3709
Postal Zip: 33441
Subdivision Name: Ocean Vue 3-34 B
Area: 3111
Geographic Area: NBEA - North Broward Ocean To Intracoastal (3111-3121)
Elementary School: Deerfield Beach
Middle Or Junior School: Deerfield Beach
High School: Deerfield Beach
Parcel Number: 484305021480
Zoning: RM-10
Directions: please use GPS

Financial Information

Tax Annual Amount: 24141
Tax Year: 2024
Tax Assessed/SOH Value: 1112790
Tax Legal Description: OCEAN VUE 3-34 B LOT 8 W 25,LOT 9 BLK 9
Assessor Market Value: 1112790

Status Change Information

Major Change Timestamp: 2025-09-10T15:29:41Z
Major Change Type: Price Reduced
Price Change Timestamp: 2025-09-10T15:29:41Z
Status Change Date: 2025-02-24

More Information

Co-Ownership

Property Management YN: No

Short Sale Details

Short Sale Addendum: No

Unit 1 Details

Actual Rent: 6025
Baths Full: 2
Efficiency YN: No
Furnished: Furnished
Hotel Room YN: No

Unit 1 Lease Description

Lease Term: Month To Month

Unit 2 Details

Actual Rent: 5175
Baths Full: Yes
Efficiency YN: No
Furnished: Furnished
Hotel Room YN: No

Unit 2 Lease Description

Lease Term: Month To Month

Unit 3 Details

Actual Rent: 3619
Baths Full: Yes
Efficiency YN: No
Furnished: Furnished
Hotel Room YN: No

Unit 3 Lease Description

Lease Term: Month To Month

Unit 4 Details

Actual Rent: 2669
Baths Full: Yes
Efficiency YN: Yes
Furnished: Furnished
Hotel Room YN: No

Unit 4 Lease Description

Lease Term: Month To Month

Price Calculations

Current Price To SqFt: 901.92

Section Details

Parcel Number MLX: 1480

Originating Details

Originating System Key: 594330947
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: FLL

Association Fee Includes

Electricity: Yes
Hot Water: Yes
Maintenance Grounds: Yes
Sewer: Yes
Trash: Yes
Water: Yes

Flooring

Clay: Yes
Tile: Yes

Property Condition

Resale: Yes

Documents Available

Existing Survey: Yes
Financial Statement: Yes
Other Available Information: Yes
Service Contracts: Yes

Possession

Negotiable: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes

Heating

Central: Yes
Electric: Yes
Separate Meters: Yes

Construction Materials

Block: Yes

Listing Terms

Cash: Yes
Conventional: Yes
Owner Will Carry: Yes

Roof

Composition: Yes
Shingle: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Electric: Yes

Showing Requirements

Appointment Only: Yes
See Remarks: Yes

Tax Information

Tax Reflects No Exemptions: Yes

Acreage Description

Less Than 1/4 Acre Lot: Yes

Listing Office: United Realty Group Inc

Last Updated: April - 09 - 2026

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