10% CAP RATE!!!! HUGE CASH COW!!! ZONED RM25 SO BUILD UP TO ''5 STORIES TALL'' WITH OCEAN VIEWS! ONCE IN A LIFETIME OPPORTUNITY TO BUY THIS TOTALLY REMODELED MULTI-FAMILY/VACATION RENTALS/HOTEL PROPERTY NEXT TO THE BEACH IN HIGHLY DESIRABLE DEERFIELD BEACH! STEPS FROM THE BEACH WHERE THE BEACHES ARE PRISTINE, SAFE, & FAMILY ORIENTED! THIS PROPERTY IS IN PERFECT CONDITION! THIS PROPERTY HAS REPEAT CLIENTELE & STAYS FULL ALL YEAR LONG! UNITS HAVE FULL KITCHENS & SPACE FOR BIG FAMILIES. THE GUESTS ENJOY A HUGE POOL & BARBECUE AREA! THIS PROPERTY IS THE ''GEM'' OF DEERFIELD BEACH & PEOPLE STAY HERE FOR MONTHS & EVEN YEARS! THE GUESTS CAN WALK TO THE WORLD FAMOUS DEERFIELD BEACH PIER (WHERE THEY CAN FISH OR TAKE A STROLL OUT INTO THE OCEAN) & JB'S ON BEACH RESTAURANT. SOLD IN AS-IS CONDITION.
|DAYS ON MARKET||84||LAST UPDATED||8/16/2018|
|Prior to Aug 16, '18||$3,595,000|
|Aug 16, '18 - Today||$3,299,000|
|AIR||Ceiling Fan, Electric, Wall-Win A/C|
|LOT DESCRIPTION||16 Unit Motel|
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Data last updated: 8/20/18 1:00 PM PDT.
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