NOT LISTED FOR SALE

159 NE 5th Ave Unit 1 Deerfield Beach, FL 33441

Deerfield Beach Area

Estimated Value: $767,836 - $1,211,000

5 Beds
4 Baths
2,913 Sq Ft
$321/Sq Ft Est. Value

Sale Details

Date Sold: May 10, 2022

Last sale price $925,000 $318 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $6,535 / mo

50 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Fenced
  • Storm Windows
  • Central Heating and Cooling System
  • 5-minute walk to Pioneer Park

About This Home

As of May 2022

Opportunity to own a immediate income generating multi unit property in bustling South Florida. Fully upgraded, painted, and close to some premier beaches, night life, & dining SF has to offer. Also neighboring Pioneer Park tennis courts, baseball fields, playgrounds, and ocean access boat ramp makes this a very attractive income property.
CURRENLY FULLY RENTED UNDER MARKET VALUE, DO NOT DISTURB TENANTS, RIGHT TO INSPECT AND VIEW ONLY AFTER A NEGOIATED CONTRACT IS COMPLETED.

Last Agent to Sell the Property

Robert Abrams

RE/MAX Gold License #3376168 Listed on: 02/16/2022

RE/MAX Gold

Last Buyer's Agent

Victor Burgos

LoKation License #3474644

LoKation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,738

Year Built

  • Built in 1970

Lot Details

  • 9,536 Sq Ft Lot
  • Fenced

Home Design

  • Triplex
  • Concrete Roof
  • Stucco

Interior Spaces

  • 4 Bathrooms
  • 2,913 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Storm Windows

Schools

  • Deerfield Beach Elementary And Middle School
  • Deerfield Beach High School

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, water
  • Assessor Parcel Number 474331010340

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Deerfield Dev & Land Co Sub Subdivision

Building Details

  • Gross Income $62,400
  • Net Operating Income $52,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,738

Year Built

Built in 1970

Lot Details

9,536 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: Hillsboro blvd, north on ne 5th, property on left
  • Year Built: 1970
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2913.0
  • Window Features: Storm Window(s)

Exterior Features

  • Fencing: Fenced
  • Lot Features: < 1/4 Acre
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Stucco
  • Property Condition: Resale
  • Roof: Concrete

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Multiple Meters, Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: None
  • Association: No

Schools

  • Elementary School: Deerfield Beach
  • High School: Deerfield Beach
  • Middle Or Junior School: Deerfield Beach

Lot Info

  • Parcel #: 474331010340
  • Lot Size Acres: 0.22
  • Mobile Dim Units: Feet
  • Zoning: Multifamily 2-9

Rental Info

  • Tenant Pays: Cable TV, Electricity, Water

Multi Family

  • Property Net Operating Income: 52400.0
  • Number Of Units In Community: 3
  • Number Of Units Total: 4
  • Annual Gross Income: 62400.0

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7738.37

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2022
Closed on
May 10, 2022
Sold by
Bought by
Seller's Agent
Robert Abrams
RE/MAX Gold
Buyer's Agent
Victor Burgos
LoKation
List Price
$900,000
Sold Price
$925,000
Premium/Discount to List
$25,000
2.78%
Current Estimated Value
$935,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,459
Avg. Annual Appreciation
0.27%

Purchase Details

Closed on
Sep 18, 2019
Sold by
Bought by

Purchase Details

Closed on
Jul 17, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,200
Interest Rate
6.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 11, 2000

Purchase Details

Closed on
Apr 12, 2000
Sold by
Bought by

Purchase Details

Closed on
Jun 30, 1993
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$925,000 Asr Law Firm Pl
$457,300 None Available
$426,000 Attorney
$10,000 --
$130,000 --
$121,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $3,000,000
Previous Owner $298,200
Previous Owner $136,829
Previous Owner $25,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/10/2022 05/10/22 Sold $925,000 +2.8% $318 / Sq Ft
04/10/2022 04/10/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $900,000 -- $309 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $17,252 $844,770 $57,220 $787,550
2025 $17,217 $806,800 $57,220 $749,580
2024 $17,396 $806,800 $57,220 $749,580
2023 $17,396 $806,800 $57,220 $749,580
2022 $7,924 $357,690 $57,220 $300,470
2021 $7,738 $353,190 $57,220 $295,970
2020 $7,733 $353,190 $57,220 $295,970
2019 $6,116 $277,780 $57,220 $220,560
2018 $5,876 $319,420 $57,220 $262,200
2017 $5,406 $223,520 $0 $0
2016 $4,899 $195,750 $0 $0
2015 $4,332 $177,960 $0 $0
2014 $4,041 $161,790 $0 $0
2013 -- $157,440 $57,220 $100,220
Source: Public Records

Agents Affiliated with this Home

  • Robert Abrams

    Seller's Agent in 2022

    Robert Abrams

    RE/MAX

    (856) 625-8697

    39 Total Sales

    Robert Abrams
    Section Image

  • V

    Buyer's Agent in 2022

    Victor Burgos

    LoKation Real Estate

    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10773784

BeachesMLS (Greater Fort Lauderdale)

APN: 47-43-31-01-0340

Florida Broward County Deerfield Beach 33441

159 NE 5th Ave Unit 1, Deerfield Beach, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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