$1,350,000
Deerfield Beach, FL 33441
MLS# B26035483
Status: Active Under Contract
1780 sqft
1 / 2
Property Description
INVESTOR OPPORTUNITY JUST ONE BLOCK FROM THE BEACH! Rare chance to own a fully occupied quadplex in one of South Florida's most desirable coastal locations, situated on the Palm Beach County line between Deerfield Beach and Boca Raton. Located just north of the iconic Deerfield Beach Pier and steps from the sand, this income-producing property offers immediate cash flow with strong upside potential. The property consists of four fully leased units with new annual leases in place. Units 1 and 4 are one-bedroom residences currently rented at $1,600 per month, while Units 2 and 3 are efficiencies rented at $1,400 per month. With all four units occupied, investors can enjoy stable rental income from day one. Beyond its current income stream, this property has amazing redevelopment potential.
Details
Maps
Contract Information
Comp Sale YN: No
Negotiable Seller Concessions YN: Yes
Seller Represented YN: Yes
Listing Date: 2026-06-01
Status: Active Under Contract
Original List Price: 1450000
List Price: $1,350,000
Current Price: $1,350,000
Listing Service: Full Service
Location and Legal
County Or Parish: Broward
Municipality Type: Incorporated
Development Name: OCEAN VUE
Geographic Area: NBEA - North Broward Ocean To Intracoastal (3111-3121)
Subdivision Number: 2
Special Assessment YN: No
Flood Zone: X
Country: United States
Street Number: 1979
Street Direction Prefix: NE
Street Name: 3rd
Street Suffix: Street
Unit Number: 1-4
State Or Province: FL
Postal Code: 33441
Postal Code +4: 3772
Subdivision Name: OCEAN VUE
Area: 3111
Elementary School: Deerfield Beach
Middle Or Junior School: Deerfield Beach
High School: Deerfield Beach
Parcel Number: 484305021840
Zoning: RM-25
Directions: Take Hillsboro Blvd East and turn left onto N. Ocean Drive. Then turn left onto NE 20TH Ave. and then turn left onto NE 3rd St.
General Property Information
Number Of Units Total: 4
Adjusted Area Main: 1780
Living Area Main: 1780
Living Area Source: Public Records
Accessibility Features YN: No
Gated Community YN: No
Parking Total: 5
Lot Size Area: 6753
Senior Community YN: No
Stories Total: 1
Pool Private YN: No
LP/Assessed Value: 1.45
Property Sub Type: Quadruplex
Building Area Main: 1780
Building Area Source: Public Records
Year Built: 1952
Lot Size Acres: 0.16
Financial Information
Master Association YN: No
Estimated Monthly Assoc Recurring Fee: 0
Tax Assessed/SOH Value: 931990
Assessor Market Value: 961760
Tax Annual Amount: 20738
Tax Year: 2025
Tax Legal Description: OCEAN VUE 3-34 B LOT 32 BLK 10
Office/Member Information
DXORIGMLSID: RML
Exterior Features
Garden: 1
Flooring
Ceramic Tile: 1
Leasing Permitted Details
Leasing Permitted YN: Yes
Okay To Lease: 1
Short Term Rentals Allowed: 1
Property Condition
Resale: 1
Special Listing Conditions
Standard: 1
Documents Available
Copy Of Lease(s): 1
Meter Information
Separate Electric Meters YN: Yes
Separate Gas Meters YN: No
Separate Water Meters YN: No
Number Of Separate Electric Meters: 4
Structure Type
Quadruplex: 1
Tenant Pays
Cable TV: 1
Electricity: 1
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Utilities
Electricity Available: 1
Sewer Available: 1
Water Available: 1
View
Garden: 1
Heating
Window/Wall: 1
Leasing Restrictions
Leasing - Max Times Per Year: 52
Leasing - Minimum Number of Days: 1
Construction Materials
CBS: 1
Listing Terms
Cash: 1
Lot Features
Landscaped: 1
Road Frontage Type
East of US-1: 1
Road Responsibility
Public Maintained Road: 1
Roof
Composition: 1
Water Source
Public: 1
Cooling
Wall/Window Unit(s): 1
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Call Listing Agent: 1
Occupied: 1
Main Living Area
Entry Level: 1
Pets Allowed YN
Yes: 1
Pets Allowed
No Restrictions: 1
Pet Details
Pet Fee YN: No
Restrictions
No Restrictions: 1
Tax Information
No Homestead: 1
Contingencies
Appraisal: 1
Financing: 1
Inspection: 1
Unit 1 Appliances
Range: 1
Refrigerator: 1
Unit 1 Details
Actual Rent: 1600
Baths Full: 1
Beds Total: 1
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 533
Unit 1 Lease Description
Currently Leased YN: Yes
Lease Term: 12 Months
Lease Expiration: 2027-04-30
Occupant Type: Tenant
Unit 1 Other Equipment
Other Equipment: 1
Unit 1 Parking Details
Carport YN: No
Garage YN: No
Unit 1 Parking Features
Parking Space: 1
Unit 1 Rooms
Kitchen: 1
Unit 2 Appliances
Range: 1
Refrigerator: 1
Unit 2 Details
Actual Rent: 1400
Baths Full: 1
Efficiency YN: Yes
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 340
Unit 2 Lease Description
Currently Leased YN: Yes
Lease Term: 12 Months
Lease Expiration: 2027-03-31
Occupant Type: Tenant
Unit 2 Other Equipment
Other Equipment: 1
Unit 2 Parking Details
Carport YN: No
Garage YN: No
Unit 2 Parking Features
Open Parking: 1
Parking Space: 1
Unit 2 Rooms
Kitchen: 1
Unit 3 Appliances
Range: 1
Refrigerator: 1
Unit 3 Details
Actual Rent: 1400
Baths Full: 1
Efficiency YN: Yes
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 340
Unit 3 Lease Description
Currently Leased YN: Yes
Lease Term: 12 Months
Lease Expiration: 2027-03-31
Occupant Type: Tenant
Unit 3 Parking Details
Carport YN: No
Garage YN: No
Unit 3 Parking Features
Open Parking: 1
Parking Space: 1
Unit 4 Appliances
Range: 1
Refrigerator: 1
Unit 4 Details
Actual Rent: 1600
Baths Full: 1
Beds Total: 1
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 506
Unit 4 Lease Description
Currently Leased YN: Yes
Lease Term: 12 Months
Lease Expiration: 2027-03-31
Occupant Type: Tenant
Unit 4 Parking Details
Carport YN: No
Garage YN: No
Unit 4 Parking Features
Open Parking: 1
Parking Space: 1
Price Calculations
Current Price To SqFt: 814.6
Acreage Description
Less Than 1/4 Acre Lot: 1
Less Than 1 Acre Lot: 1
Status Change Information
Major Change Timestamp: 2026-11-04T20:24:08Z
Major Change Type: Status Change
Price Change Timestamp: 2026-09-01T18:39:24Z
Status Change Date: 2026-11-04
Under Contract Type: Active Under Contract
Under Contract Date: 2026-11-03
Originating Details
Originating System Key: 20260601150318179361000000
Originating System ID: M00000170
Property Features
Documents Available: Copy Of Lease(s)
Exterior Features: Garden
Flooring: Ceramic Tile
Leasing Permitted Details: Okay To Lease; Short Term Rentals Allowed
Property Condition: Resale
Special Listing Conditions: Standard
Structure Type: Quadruplex
Tenant Pays: Cable TV; Electricity
Construction Materials: CBS
Cooling: Wall/Window Unit(s)
Heating: Window/Wall
Listing Terms: Cash
Lot Features: Landscaped
Main Living Area: Entry Level
Pets Allowed YN: Yes
Pets Allowed: No Restrictions
Possession: Close Of Escrow
Restrictions: No Restrictions
Road Frontage Type: East of US-1
Road Responsibility: Public Maintained Road
Roof: Composition
Sewer: Public Sewer
Tax Information: No Homestead
Utilities: Electricity Available; Sewer Available; Water Available
View: Garden
Water Source: Public
Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent; Occupied
Unit 1 Appliances: Range; Refrigerator
Unit 1 Other Equipment: Other Equipment
Unit 1 Parking Features: Parking Space
Unit 1 Rooms: Kitchen
Unit 2 Appliances: Range; Refrigerator
Unit 2 Other Equipment: Other Equipment
Unit 2 Parking Features: Open Parking; Parking Space
Unit 2 Rooms: Kitchen
Unit 3 Appliances: Range; Refrigerator
Unit 3 Parking Features: Open Parking; Parking Space
Unit 4 Appliances: Range; Refrigerator
Unit 4 Parking Features: Open Parking; Parking Space
Contingencies: Appraisal; Financing; Inspection
Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot
Listing Office: RE/MAX Select Group
Last Updated: November - 06 - 2026
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