Deerfield Beach Condo 30% ROI

Deerfield Beach Condo 30% ROI

1 bed 1.5 bath 700 sq ft Built in 1978 Condominium
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69
Quality of Comparables
Low High
17 /20
Level of Rehab
Heavy Light
12/20
Location of Neighborhood
Far Close
15/20
Quality of Floor Plan
Choppy Flowing
15/20
School Rating
F A
5/10
Placement in Neighborhood
Busy Calm
5/10
Property Details

Here's an opportunity for a quick fix and flip in Century Village! This large 55+ community offers endless amenities, such as pickleball and tennis courts, fitness centers, frequent events, and a bus system for residents, making it highly attractive to individuals in the Deerfield Beach area.

The kitchen and bathrooms have been gutted by the previous owner, leaving a blank canvas for any investor. With only 700 square feet to work with, rehab costs will be low. Additionally, the ground-floor location enhances its appeal to potential buyers. The building just recently had a new roof put on as well, with no assessment fee!

This property is ideal for a flip, with similar units in the community selling for $135,000 to $145,000. Note that the association does not allow rentals. Take advantage of this simple in-and-out investment. Contact your EquityPro Advisor today for more information.

 

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We recommend flip
Rental Income
$1,000 mo. / $12,000 yr.
Estimated Taxes
$1,645 / yr.
Maintenance
$250 / yr.
HOA Dues
$6,296 / yr.
$1,859
Projected Income
1.94%
Estimated APY
$31,250
Projected Income
30.12%
Estimated ROI

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