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$1,470,000   Price Analysis
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220 SE 12th Ave
Deerfield Beach, FL 33441
5 bed 5 bath 2,810 SqFt ($523/SqFt)
Built 1958
Listed 2024-06-23, Taxes $13,858
Ⓧ USDA Ineligible
due to price & location

near Deerfield Beach

The ONLY QUADPLEX

Income producing opportunity in Deerfield Beach's coveted Cove neighborho od! This fourplex, situated on a huge corner lot, is a prime location JUST MINUTES TO THE OCEAN. The property benefits from established vacation rental income and online presence across multiple platforms, which can transfer to the new owner.

Several units have been upgraded. Ideal for event planners, 8 parkng spaces, NO HOA, NO restrictions, accommodating large groups such as wedding parties or families looking for a coastal retreat. Walking distance to amenities including grocery stores, waterfront dining on the Intracoastal, cafes and the popular Cove Brewery. One of a kind investment opportunity blending location, income potential and lifestyle convenience in the heart of Deerfield beach.


Presented by Kelsey Phinazee at
EXP Realty.
Listing Agent Photo

Property MLS #F10447449 from BeachesMLSMatrix

Bedrooms: 5

Total Bathrooms: 5
Full Bathrooms: 5

Cooling Features: Central Cooling, Wall/Window Unit Cooling
Heating Features: Central Heat

Lot Description: Less Than 1/4 Acre Lot

Association: No
Calculated Total Monthly Association Fees: 0

Units Furnished: 4
Rent Includes: Cable Tv

Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Half Bathrooms in Unit-1: 1
Unit-1 Furnished Description: Furnished
Unit-2 Furnished Description: Furnished
Unit-3 Furnished Description: Furnished
Unit-4 Furnished Description: Furnished
Unit-1 Square Feet: 1497
Unit-2 Square Feet: 623
Unit-3 Square Feet: 411
Unit-4 Square Feet: 408
Unit 1 Total Actual Rent: 10700.00
Unit 2 Total Actual Rent: 4890.00
Unit 3 Total Actual Rent: 4570.00
Unit 4 Total Actual Rent: 4380.00

Annual Tax Amount: 13858
Source Listing Status: Active
County: Broward County
Tax Year: 2023
Source Property Type: Residential Income
Area: 3212
Source Neighborhood: The Cove 32-48 B
Parcel Number: 484305080750
Postal Code Plus 4: Post
Subdivision: The Cove 32-48 B
Zoning: RM-15
Property Subtype: Fourplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$539,470 + $66,780
$606,250
$13,858
2022$unknown + $unknown
$395,430
$9,044
2021$unknown + $unknown
$368,100
$8,069
2020$unknown + $unknown
$343,780
$7,156
2019$unknown + $unknown
$321,300
$6,987
2018$unknown + $unknown
$300,940
$6,564
2017$unknown + $unknown
$344,450
$6,118
2016$unknown + $unknown
$305,800
$5,751
2015$unknown + $unknown
$250,320
$5,407
2014$unknown + $unknown
$236,620
$5,130
2013$unknown + $unknown
$223,900
$5,079
2012$unknown + $unknown
$212,230
$4,277
2011$unknown + $unknown
$152,490
$3,973
2010$unknown + $unknown
$238,960
$5,084
2008$unknown + $unknown
$373,850
$8,844
2007$unknown + $unknown
$454,740
$9,425

Listed for rent 2024-07-10
$5,800
BeachesMLSMatrix
Listed 2024-06-23
$1,470,000
BeachesMLSMatrix
Listing removed 2024-05-21
$0
BeachesMLSMatrix
Listing removed 2024-04-11
$0
BeachesMLSMatrix
Listed for rent 2024-03-04
$6,800
BeachesMLSMatrix
Relisted 2024-03-04
$1,490,000
BeachesMLSMatrix
Listing removed 2024-03-01
$0
BeachesMLSMatrix
Listing removed 2024-03-01
$0
BeachesMLSMatrix
Price Changed 2024-01-08
$1,490,000
BeachesMLSMatrix
Listed for rent 2023-12-03
$6,800
BeachesMLSMatrix
Listed 2023-10-05
$1,590,000
BeachesMLSMatrix
Listing removed 2023-09-25
$0
BeachesMLSMatrix
Listed for rent 2023-07-19
$2,600
BeachesMLSMatrix
Listing removed 2023-07-05
$0
BeachesMLSMatrix
Listed for rent 2023-05-29
$2,600
BeachesMLSMatrix
Listing removed 2023-04-04
$0
BeachesMLSFlex
Price Changed 2023-03-10
$1,595,000
BeachesMLSFlex
Listed 2023-01-23
$1,650,000
BeachesMLSFlex
Listing removed 2013-06-20
$587,000
BeachesMLSMatrix
Price Changed 2012-07-16
$587,000
BeachesMLSMatrix
Price Changed 2011-09-01
$399,000
BeachesMLSMatrix
Price Changed 2011-04-27
$459,900
BeachesMLSMatrix
Listed 2010-12-22
$439,900
BeachesMLSMatrix
Sold 2000-05-12
$302,500
Public Record
Sold 1988-10-19
$172,000
Public Record
Sold 1968-12-01
$45,000
Public Record

Total Square Feet Living: 2810
Year Built: 1958
Construction Materials: Concrete Block Construction
Property Age: 66
Roof: Concrete Roof
Building Total Stories: 2.0
Structure Type: Fourplex
Total Area Sqft: 8368
Year Built Details: Resale

Sewer: Municipal Sewer
Cable Satellite: Yes
Water Source: Municipal Water

Deerfield Beach Elementary School is a public elementary school located approximately 0.6 miles away.
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Deerfield Beach Middle School is a public middle school located approximately 0.7 miles away.
directions icon Map directions

Deerfield Beach High School is a public high school located approximately 2.3 miles away.
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Saint Ambrose is a private elementary and middle school located approximately 0.1 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.