| MLS# RX-10435129 641 SE 20th , Deerfield Beach, Florida 33441

Overview

Status: Closed
Parking No info
Size: No info
Price Per: $471.00 ft²/No info m²
Type: Commercial/Investment
Built: 1963
HOA: No info
MLS Number: RX-10435129
View No info
On Site: 2,257 days
Updated: 1591 Days Ago
Page Views: 46

INCREDIBLE PRICE OF ONLY $3,299,000!!! 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 & JB'S ON BEACH RESTAURANT. SOLD AS-IS. TOURISTS PAY $4,000+/MONTH HERE!

Price History

Date	Event	Price	Change Rate	Price Per
05/22/2019	Sold	$3,299,000.00		$471.35 ft²/$5,073.60 m²
N/A	Price Reduced	$3,299,000.00	8.2%	$471.35 ft²/$5,073.60 m²
05/28/2018	Listed	$3,595,000.00		$513.64 ft²/$5,528.83 m²

Features

Property Details for 641 SE 20th, Deerfield Beach, FL 33441

Commercial/Investment current status is Closed, 641 SE 20th is a Commercial/Investment in , Deerfield Beach, FL 33441 with property MLS ID# RX-10435129. This Commercial/Investment has been listed on Best of Luxury Realty since September 10, 2018 and is currently priced at 3,299,000. This property was built in 1963.

Bedrooms
Bedrooms: No info
Bedroom Description: No info

Bathrooms
Full Bathrooms:
Half Bathrooms: No info
Master Bathroom Description: No info

Exterior and Lot Features
Exterior Features: No info
View: No info

Interior, Heating and Cooling
Interior Features: No info
Appliances: No info
Heating Description: Electric, Window/wall
Cooling Description: No info

Building and Construction
Floor Description: Ceramic Tile, Concrete, Marble
Windows/Treatment: No info
Construction Type: No info
Year Built: 1963

School Information
Elementary School: No info
Middle School: No info
High School: No info

Other Property Info
Community Name: No info
Subdivision Name: No info
Property Type: Commercial/Investment
Property Subtype: Hotel-Motel
Type of Association: Homeowners
Garage Spaces: No info
Listing Date: 05/28/2018
Closing Date: 05/22/2019
Area: 3111
Brokered By: Florida Premier Realty of the Palm Beaches LLC
Legal Description: DEERFIELD BEACH 4-4 B LOTS 2 & 3 BLK 27

Taxes, Fees & More
Maintenance/HOA Fees: No info
Taxes (PLEASE NOTE THAT: Property taxes on resale can vary and prorated at approximately 2.0% of the purchase price and/or assessed market value. Tax rates differ between municipalities and may vary depending on location and usage): $28,877.00 (2017)
Type of building: Hotel / Motel, Resident. Multi-fam.
Occupancy Information: No info
Occupancy Percentage: No info
Property Type Description: 16 Unit Motel
Parking Description: No info
Parking Spaces: No info
Number of Units: 16
Number of Floors: No info
Number of Stories: 2
Zoning Information: R M25
Total Acreage: 0.32
Acreage Description: No info

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Buyer/Tenant Etiquette

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Tracey Schmitt

Real Estate Advisor

Office: (305) 407-1657

Email: tracey@bestofluxuryrealty.com

Specialties:

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Memberships:

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This property is courtesy of the Florida Premier Realty of the Palm Beaches LLC. This listing has been viewed 46 times. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

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