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1944 NE 5th Street, Deerfield Beach, FL 33441
Active
462 Days on Market
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$2,299,000

1944 NE 5th Street

Deerfield Beach, FL 33441

Ocean Vue 3-34 B

Explore the area: Deerfield Beach homes for sale · Broward County real estate

How this price compares

List price
$2,299,000
Price per sq ft
$902
Original price
$2,900,000
Days on market
462

This multi-family property in ZIP 33441 is listed at $2,299,000, or $902 per square foot. The asking price has come down 20.7% from its original $2,900,000. It has been on the market for 462 days.

0
Bedrooms
0
Bathrooms
2,549
Living Sq Ft
1947
Year Built

Estimated monthly payment

$12,082 /mo

Principal and interest only, based on $459,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

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Listing Snapshot

Price
$2,299,000
Days on Site
462 Days
Bedrooms
0
Total Baths
0
Living Area
2,549 sqft
Year Built
1947
Property Type
Multi-Family
MLS #
F10488055
Property Tax
$24,141 (2024)
Subdivision
Ocean Vue 3-34 B
County
Broward
Status
Active

About This Property

Only two blocks from the beach, this well established resort and amazing cash producing property is one of the most sought after spots for short stays in the area. It already has bookings for next season while still offering a lot of future opportunities for growth and increased income. Officially a fourplex, with a 2/2 that is split into a 1/1 with full kitchen and bathroom and a studio, also with full kitchen & bathroom, it rents as 1 single family home and 4 villas. The Island Resort offers many avenues for investment and future development in A+ prime location in gorgeous South East Florida. Great investment opportunity! The Island Resort at Deerfield Beach has been running as a short term rental property for the last three years with hundreds of 5 star reviews online.

MLS media link

General Features

Property Type
Multi-Family
Status
Active
Year Built
1947
Property Condition
Resale
Number of Stories
1
Living Sq Ft
2,549
Sewer
Public Sewer
Water Source
Public
Zoning
RM-10

Interior Features

Cooling
Central Air / Ceiling Fans / Electric
Heating
Central / Electric / Separate Meters
Flooring
Clay / Tile
Spa
Yes
Spa Features
Above Ground / Heated

Exterior Features

Construction
Block
Roof
Composition / Shingle
Exterior Features
Courtyard / Outdoor Living Area / Uncovered Courtyard / Porch
Patio & Porch
Deck / Patio / Porch / Screened / Terrace

Community & HOA

Utilities
Cable Connected / Electricity Available / Sewer Available / Water Connected
Financing Terms
Cash / Conventional / Owner Will Carry
MLS Area
3111

Schools

Elementary School
Deerfield Beach
Middle School
Deerfield Beach
High School
Deerfield Beach

Browse Deerfield Beach homes for sale across every neighborhood and price point in Broward. Available homes span single-family, townhome, and condo segments throughout the city. Deerfield Beach includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Broward, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Broward market data, see Florida Realtors' monthly statistics. Browse the latest Deerfield Beach listings below. Then connect with a Pure Equity agent to schedule a private showing.

Homes for Sale
789
Under Contract
165
Median List Price
$214,000
Median Sale Price (September)
$305,500
Median $/Sq Ft
$219
Avg Days on Market
129
View all 789 homes for sale in Deerfield Beach →
How do I schedule a tour of 1944 NE 5th Street, Deerfield Beach, FL 33441?
Use the Tour button on this listing to request a showing of 1944 NE 5th Street, Deerfield Beach, FL 33441. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 1944 NE 5th Street, Deerfield Beach, FL 33441 still available?
1944 NE 5th Street, Deerfield Beach, FL 33441 is currently listed as Active, and has been on the market 462 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 1944 NE 5th Street, Deerfield Beach, FL 33441?
With 20% down ($459,800) on the $2,299,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1944 NE 5th Street, Deerfield Beach, FL 33441 is about $12,082/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 1944 NE 5th Street, Deerfield Beach, FL 33441?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1944 NE 5th Street, Deerfield Beach, FL 33441. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
What schools serve 1944 NE 5th Street, Deerfield Beach, FL 33441?
1944 NE 5th Street, Deerfield Beach, FL 33441 is zoned for Deerfield Beach (elementary), Deerfield Beach (middle), Deerfield Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 1944 NE 5th Street, Deerfield Beach, FL 33441?
Often, yes. The right offer on 1944 NE 5th Street, Deerfield Beach, FL 33441 depends on how it's priced against comparable multi-family sales in Deerfield Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of United Realty Group Inc

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.

$2,299,000

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Listed by Mariela Lechin PA, United Realty Group Inc

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