Deerfield Beach, Florida, offers a unique opportunity for investors to capitalize on the growing demand for Multi-Family Properties. With a population of approximately 90,000, Deerfield Beach is an attractive location for renters seeking a mix of urban and natural attractions. Multi-Family Properties in Deerfield Beach can represent a range of investments, from apartments and condominiums to townhouses and duplexes. These properties often feature amenities such as pools, fitness centers, and community spaces, making them attractive to renters. Deerfield Beach's infrastructure, including the Deerfield Beach station served by Amtrak and Tri-Rail, and major roads like Interstate 95 and Florida's Turnpike, makes it an ideal location for residents who need easy access to transportation. The city's education system, served by public schools under Broward County Public Schools, and private institutions, also adds to its appeal. Additionally, Deerfield Beach is home to notable companies like JM Family Enterprises and MAPEI Corporation, making it a great place for business and travel.
Deerfield Beach is home to 1 Multi-Family Properties For Sale, offering a range of options for investors. The city's diverse economy, which includes industries such as tourism, agriculture, education, and healthcare, supports a strong demand for rental properties. In addition to Multi-Family Properties, Deerfield Beach also offers Retail Space, Shopping Centers, Residential Income Homes, and Office Properties For Sale. Retail Space in Deerfield Beach is ideal for businesses seeking to capitalize on the city's tourist traffic, while Shopping Centers offer a mix of local and national retailers. Residential Income Homes provide an opportunity for investors to generate passive income, and Office Properties cater to the city's growing business community. With its unique blend of natural attractions and urban amenities, Deerfield Beach is an attractive location for investors seeking to diversify their portfolio.
What is the average cap rate for multi-family properties in the Deerfield Beach market?
For investors seeking to diversify their portfolios with multi-family properties in Deerfield Beach, understanding the average cap rate is crucial. Currently, the average cap rate for multi-family properties in Deerfield Beach stands at 6.85%, which is essential to know when evaluating potential investments, and to learn more about how cap rates work, check out our article on what is a cap rate.
What should I know about financing options for buying an apartment building in Deerfield Beach?
When considering financing options for buying an apartment building in Deerfield Beach, it's essential to understand the various commercial real estate loans available, such as those discussed in our article on CRE loans, which can provide the necessary funds to secure your investment.
- Deerfield Beach offers a range of multi-family properties for sale, with 1 available listings, featuring an average price per square foot of $300 USD and an average size of 15,296 square feet, with the largest property spanning 52,963 square feet.
- The city's diverse economy, driven by industries like tourism, agriculture, education, and healthcare, contributes to a stable and attractive environment for real estate investments, with an average cap rate of 6.85%.
- Deerfield Beach's infrastructure, including the Deerfield Beach station served by Amtrak and Tri-Rail, and major roads like Interstate 95 and Florida's Turnpike, ensures convenient access to the city and its amenities, making it an attractive location for apartment building investments.
