721 SE 1st Way B18, Deerfield Beach, FL 33441 — MLS photo

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721 SE 1st Way B18, Deerfield Beach, FL 33441

Active · Condominium

$310,000

721 SE 1st Way B18, Deerfield Beach, FL 33441

Beds
2
Baths
2
Living area
1,095 sq ft
$ / sq ft
$283/sq ft
Year built
1975
Lot size
—
HOA fee
$433
Annual tax
—

About this property

Beautiful townhouse for sale in a prime Deerfield Beach location—just minutes from Boca Raton, Pompano Beach, and only 10 minutes from Hillsboro Beach. Nestled in a quiet, well-maintained community, this home features 2 bedrooms (each with its own private balcony), 1 full bathroom, 1 half bathroom, a screened-in patio, a separate dining room, tile flooring throughout, and an in-unit washer and dryer. Investor alert: Rentals are allowed immediately and the community has no age restrictions, making this an excellent option for both personal use and a high-demand investment property. The community is all ages, pet-friendly, and offers two assigned parking spaces, making this a fantastic buying opportunity in a highly convenient and desirable area.

Property location

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721 SE 1st Way B18, Deerfield Beach, FL 33441

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,095 sq ft

Exterior & Structure

Property type
Condominium
Year built
1975

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$433
County
Broward
MLS listing ID
A11918150
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$33

Cap rate
5.6%
Net yield
5.6%
Cash-on-cash return
-0.5%
Gross yield
10.9%
Mortgage payment
$1,470/mo
Down payment
$77,500
Loan amount
$232,500
Annual NOI
$17,243

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.