$2,499,000
$401K PRICE DROP

1944 NE 5th St Deerfield Beach, FL 33441

Deerfield Beach Neighborhood

Estimated payment $15,523/month

Total Views 3,786
-- Bed
-- Bath
2,549 Sq Ft
$980 Price per Sq Ft

Highlights

  • Spa
  • Central Heating and Cooling System
  • Ceiling Fan
  • Clay Flooring

About This Home

The Island Resort at Deerfield Beach is a resort style property with hundreds of 5 star reviews online. This property has been running as a short term rental property for the last three years.
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.

Listing Agent

Mariela Lechin

United Realty Group Inc License #3037329 Listed on: 02/22/2025

United Realty Group Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,141

Year Built

  • Built in 1947

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,549 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Flooring

  • Clay
  • Tile

Pool

  • Spa

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 4 Units
  • Ocean Vue 3 34 B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 484305021480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,141

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: please use GPS
  • Year Built: 1947
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Private Spa: Yes
  • Flooring: Clay, Tile
  • Living Area: 2549.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Gardener, Hot Water, Pest Control, Sewer, Trash Collection, Water
  • Community Features: Non-Gated

Lot Info

  • Parcel #: 484305021480
  • Lot Size: 10,127
  • Zoning Description: RM-10

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 24141.0

Multi Family

  • Number Of Units Total: 4

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

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
2025 $24,141 $1,112,790 $152,610 $960,180
2024 $23,137 $1,112,790 $152,610 $960,180
2023 $23,137 $1,052,790 $152,610 $900,180
2022 $16,197 $732,370 $152,610 $579,760
2021 $15,644 $714,500 $152,610 $561,890
2020 $14,726 $690,880 $152,610 $538,270
2019 $13,375 $600,880 $152,610 $448,270
2018 $13,919 $643,010 $152,610 $490,400
2017 $6,875 $273,320 $0 $0
2016 $6,536 $263,360 $0 $0
2015 $6,218 $254,470 $0 $0
2014 $5,993 $246,370 $0 $0
2013 -- $361,060 $152,610 $208,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 Price Changed $2,499,000 -7.4% $980 / Sq Ft
06/04/2025 06/04/25 Price Changed $2,699,000 -6.9% $1,059 / Sq Ft
02/22/2025 02/22/25 For Sale $2,900,000 +141.7% $1,138 / Sq Ft
06/10/2022 06/10/22 Sold $1,200,000 +20.0% $478 / Sq Ft
05/11/2022 05/11/22 Pending -- -- --
02/14/2022 02/14/22 For Sale $1,000,000 -- $399 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $952,000 South Florida Title
Warranty Deed $1,200,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,306,000 New Conventional
Closed $1,240,000 New Conventional
Previous Owner $952,000 Construction
Source: Public Records

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10488055

BeachesMLS (Greater Fort Lauderdale)

APN: 48-43-05-02-1480

Florida Broward County Deerfield Beach 33441 Deerfield Beach

1944 NE 5th St, Deerfield Beach, FL

This home is located at 1944 NE 5th St, Deerfield Beach, FL 33441 and is currently priced at $2,499,000, approximately $980 per square foot. This property was built in 1947. 1944 NE 5th St is a home located in Broward County with nearby schools including Deerfield Beach Elementary School, Deerfield Beach Middle School, and Deerfield Beach High School.

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 2025 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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Listing Agent
Mariela Lechin
Section Image
United Realty Group Inc
(754) 298-2803