$2,299,000

1944 NE 5th Street, Deerfield Beach, FL 33441

2,549 sqft

Multi-Family Home
Built in 1947
—— sqft lot
—— car garage
$902/sqft
Listed 11 months ago

Property Description

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. 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 Status:: Active
Date Added:: February 23, 2025
Data Last Updated:: February 9, 2026 at 7:18AM
Listing Office:: United Realty Group Inc : 954-450-2000
Listing Agent:: Mariela Lechin : 954-770-5249
MLS ID:: F10488055

Flooring: ClayTile
A/C: Central AirCeiling Fan(s)Electric
Heating: CentralElectricSeparate Meters

General: Balcony
Other Structures: PorchBalcony

Roofing: CompositionShingle
General: Block1

HOA Amenities: ElectricityHot WaterMaintenance GroundsSewerTrashWater
Originating MLS: BEACH_BEACH
County: Broward

Zoning: RM-10OCEAN VUE 3-34 B LOT 8 W 25LOT 9 BLK 9484305021480

Utilities: Cable Available
Sewer: Public Sewer

Source: BEACH_BEACH

Presented by Veterans United Realty

This listing courtesy of Mariela Lechin , United Realty Group Inc

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Deerfield Beach Elementary School

650 NE 1st St, Deerfield Beach, FL, 33441

Grades KG-5

1.01 miles away

Deerfield Beach Middle School

701 SE 6th Ave, Deerfield Beach, FL, 33441

Grades 6-8

1.35 miles away

Somerset Academy Key Charter High School

959 SE 6th Ave, Deerfield Beach, FL, 33441

Grades 9-12

1.45 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.