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D. Beach Resort 665 SE 20th Ave 17 Room Hotel Deerfield Beach, FL 33441 $4,900,000 ($288,235/Room)
EXECUTIVE SUMMARY
Concrete building, one block from the BEACH with great investor potential! This 17 unit sits just one block from the beach and is in walking distance of everything that makes Deerfield’s “beach-life” attractive (shopping, dinning, major community events). This property has been predominantly used for personal use and is perfect for a value-add investor who wants to take advantage of the surrounding market. The units could be used for short OR long term rental. The majority of the units are efficiency style, with two full sized apartments (see break down below). All but five of the units come with a kitchenette or full kitchen. The pool is in great condition along with more recently renovated rooms and modern aesthetic. The roof will need replacing in the relative near future.
**Exterior recently painted WHITE.**
SELLER is offering financing with flexible terms and is open to reasonable offer.
This remains a very desirable location, note recent development here:
https://www.discoversouthflorida.com/blog/axis-apartments-deerfield-beach-real-estate-update/
PLEASE reach out directly to Listed Sales agent to schedule a showing.
17 UNITS:
Three “Queen Studios” Rooms - Approx. 300 SF
Four “Deluxe King Studio” Rooms - Approx. 382 SF
Three “Deluxe Queen Studio” Rooms - Approx. 382 SF
Five “Standard Qeen” Rooms - Approx. 240 SF (no Kitchen)
Two One Bedroom Full Size Apartment - Approx. 700 SF
**Exterior recently painted WHITE.**
SELLER is offering financing with flexible terms and is open to reasonable offer.
This remains a very desirable location, note recent development here:
https://www.discoversouthflorida.com/blog/axis-apartments-deerfield-beach-real-estate-update/
PLEASE reach out directly to Listed Sales agent to schedule a showing.
17 UNITS:
Three “Queen Studios” Rooms - Approx. 300 SF
Four “Deluxe King Studio” Rooms - Approx. 382 SF
Three “Deluxe Queen Studio” Rooms - Approx. 382 SF
Five “Standard Qeen” Rooms - Approx. 240 SF (no Kitchen)
Two One Bedroom Full Size Apartment - Approx. 700 SF
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $4,900,000 | Building Size | 7,128 SF |
| Price Per Room | $288,235 | No. Rooms | 17 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1967/2018 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | C | Corridor | Exterior |
| Lot Size | 0.32 AC | ||
| Zoning | RM-25, Deerfield Bch | ||
| Price | $4,900,000 |
| Price Per Room | $288,235 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.32 AC |
| Building Size | 7,128 SF |
| No. Rooms | 17 |
| No. Stories | 2 |
| Year Built/Renovated | 1967/2018 |
| Tenancy | Single |
| Corridor | Exterior |
| Zoning | RM-25, Deerfield Bch |
AMENITIES
- Pool
- Beach (direct access)
- Fully-Equipped Kitchen
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 17 | $65.00 | - |
Bike Score®
Very Bikeable (75)
PROPERTY TAXES
| Parcel Number | 48-43-05-04-2350 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,443,650 |
PROPERTY TAXES
Parcel Number
48-43-05-04-2350
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,443,650
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D. Beach Resort | 665 SE 20th Ave
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