Log In/Sign Up
Your email has been sent.
1649 SE 4th St
Deerfield Beach, FL 33441
Emerald Cove Apartments · Multifamily Property For Sale
·
13 Units
Executive Summary
649 SE 4th Street, Deerfield Beach, FL 33441 – Prime Coastal Investment Opportunity
Located in one of Deerfield Beach’s most desirable coastal submarkets, 649 SE 4th Street offers a compelling multifamily investment supported by strong rental demand and long-term appreciation potential. Just minutes from the beach, Intracoastal Waterway, downtown Deerfield Beach, and major transportation corridors, the property benefits from a location that consistently attracts quality tenants and investors.
The surrounding neighborhood is defined by limited inventory, high owner occupancy, and steady population demand, key fundamentals that drive rental stability and value growth. Proximity to employment centers, lifestyle amenities, and coastal attractions supports both long-term and potential short-term rental strategies, subject to local regulations.
Property Highlights:
• 9 One-Bedroom Units | Avg. 650 SF
• 3 Two-Bedroom Units | Avg. 740 SF
• 1 One-Bedroom Manager’s Unit | 500 SF
• On-site Laundry Room
• Storage Shed
• Two-car parking
•
• Investors will appreciate the asset’s placement within a proven South Florida market known for resilience, favorable demographics, and ongoing redevelopment. With strong fundamentals, functional unit layouts, and a highly desirable location, this property offers reliable cash flow today with meaningful upside over time.
A rare opportunity to acquire a well-located multifamily asset in a high-demand Deerfield Beach corridor.
Located in one of Deerfield Beach’s most desirable coastal submarkets, 649 SE 4th Street offers a compelling multifamily investment supported by strong rental demand and long-term appreciation potential. Just minutes from the beach, Intracoastal Waterway, downtown Deerfield Beach, and major transportation corridors, the property benefits from a location that consistently attracts quality tenants and investors.
The surrounding neighborhood is defined by limited inventory, high owner occupancy, and steady population demand, key fundamentals that drive rental stability and value growth. Proximity to employment centers, lifestyle amenities, and coastal attractions supports both long-term and potential short-term rental strategies, subject to local regulations.
Property Highlights:
• 9 One-Bedroom Units | Avg. 650 SF
• 3 Two-Bedroom Units | Avg. 740 SF
• 1 One-Bedroom Manager’s Unit | 500 SF
• On-site Laundry Room
• Storage Shed
• Two-car parking
•
• Investors will appreciate the asset’s placement within a proven South Florida market known for resilience, favorable demographics, and ongoing redevelopment. With strong fundamentals, functional unit layouts, and a highly desirable location, this property offers reliable cash flow today with meaningful upside over time.
A rare opportunity to acquire a well-located multifamily asset in a high-demand Deerfield Beach corridor.
Property Facts
| Price Per Unit | $299,615 | Lot Size | 0.29 AC |
| Sale Type | Investment | Building Size | 8,018 SF |
| No. Units | 13 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1980 |
| Apartment Style | Low-Rise | Parking Ratio | 2.99/1,000 SF |
| Building Class | C | ||
| Zoning | RM-15 - Multi family | ||
| Price Per Unit | $299,615 |
| Sale Type | Investment |
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.29 AC |
| Building Size | 8,018 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1980 |
| Parking Ratio | 2.99/1,000 SF |
| Zoning | RM-15 - Multi family |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Kitchen
- Refrigerator
- Range
- Freezer
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | - | - |
| 2+1 | 3 | - | - |
Property Taxes
| Parcel Number | 48-43-05-08-1110 | Improvements Assessment | $2,791,840 |
| Land Assessment | $100,000 | Total Assessment | $2,891,840 |
Property Taxes
Parcel Number
48-43-05-08-1110
Land Assessment
$100,000
Improvements Assessment
$2,791,840
Total Assessment
$2,891,840
1 of 11
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
