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Vista Court Apartments 155 SE 5th Ct 25 Unit Apartment Building $4,999,900 ($199,996/Unit) Deerfield Beach, FL 33441

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INVESTMENT HIGHLIGHTS

  • New Roof (2026), New Impact Windows and Doors
  • New Interior Electric Panels
  • Inventory Constrained, High Barrier to Entry Market
  • Oversized Apartment Units w/ Patio Balconies (4)
  • Ample Parking and Laundry Facilities

EXECUTIVE SUMMARY

Vista Court Flats is located in Deerfield Beach which is
south of Boca Raton and north of Fort Lauderdale in
Broward County, Florida. Per our research, there are only
+/- 20 multifamily properties in the entire city that are 20-
50 units making the inventory highly restrained as
compared to other markets in South Florida. With excellent
drive time connectivity to various East Boca Raton
Economic Drivers, Corporate Headquarters and high end
retail, Vista Court Flats is perfectly positioned for
investment for buyers looking for Prime A+ locations.
» The property is 25 multifamily units with key features to
maximize upside. Unit size averages are higher than most
other multifamily in the market and are more in line with
condominium sizes in the area. Four of the twenty-five
units feature sliding glass doors and private patio areas.
Units are in good condition with upgraded tile flooring,
knockdown walls, and electrical panel updates. Parking is
ample with an abundance of available spaces for tenant
use with additional public parking connected to the
Memorial Park.
» There are few opportunities in the market that allow for
extensive renovations similar to those seen in the Class A
Apartment space, Vista Court Flats ranks high on that list
due to proximity to Boca Raton and the Deerfield Beach
coastal areas. The investment thesis here is increased
revenues through a strategic renovation strategy
thereby maximizing income and capitalizing on the high
barrier to entry and inventory constrained market that is
Deerfield Beach.
» The Vista Court Flats multifamily opportunity is located in
Deerfield Beach, Florida in Broward County. Palm Beach
County and Boca Raton are located just to the north of
Deerfield, while Fort Lauderdale, Florida is to the south.
» Invest at the intersection of coastal charm and urban
modernization. This property represents a strategic foothold
in one of South Florida’s most aggressive redevelopment
corridors. Located inside the Pioneer Grove Local Activity
Center, Vista Court Flats is perfectly positioned to capitalize
on Deerfield Beach’s transition into a high-density, walkable
downtown destination.
» As the 10th largest city in the county, Deerfield Beach is an
economic engine that generates about 7 billion dollars
annually. The combination of beach-driven tourism,
marine/industrial production, retail, and services creates a
varied economic foundation, preventing the city from being
overly dependent on a single industry. Infrastructure and
location are important: in addition to tourism, distribution,
logistics, and corporate headquarters are supported by
access to major highways, rail, and airports.
» Deerfield Beach is a top tier beach lifestyle, just over one
mile from the award-winning Deerfield Beach and the
International Fishing Pier. Direct access to Pioneer Park and
the newly expanded Sullivan Park, offering waterfront
amenities that attract families and young professionals
alike. Vista Court Flats provides instant access to Federal
Highway (US-1) and Hillsboro Blvd, providing a direct
pipeline to I-95 and the Brightline

PROPERTY FACTS

Price $4,999,900
Price Per Unit $199,996
Sale Type Investment
No. Units 25
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 1.18 AC
Building Size 19,075 SF
Average Occupancy 96%
No. Stories 2
Year Built 1973
Cross Streets SE 1st Ter
Zoning B-1 - Pioneer Grove Local Activity Center

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Disposal
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Freezer

SITE AMENITIES

  • 24 Hour Access
  • Property Manager on Site
  • Tenant Controlled HVAC
  • Maintenance on site

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 25 - -
Bike Score®
Very Bikeable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
48-43-06-04-0290
Land Assessment
$360,710
Improvements Assessment
$2,665,160
Total Assessment
$3,025,870
  • Listing ID: 38970855

  • Date on Market: 1/5/2026

  • Last Updated:

  • Address: 155 SE 5th Ct, Deerfield Beach, FL 33441

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