This 6-unit multi-family property located in The Cove area of Deerfield Beach represents a strong cash-flowing asset in a prime coastal location. Built in 1965 and fully occupied, the property benefits from consistent rental demand just minutes from the beach and major retail corridors.

Originally acquired for approximately $680,000, the property is now estimated to be valued between $850,000 – $1,050,000+, reflecting solid appreciation in a high-demand market.

The asset currently generates $6,900/month ($82,800 annually) in gross income. Based on market performance, this positions the property to deliver:

• Estimated ROI: 9% – 11% annually
• Estimated Cap Rate:5% – 7.5%
• Appreciation Since Purchase: ~30% – 50% increase in value

With a multi-unit structure and 100% occupancy, the property benefits from stable income and reduced vacancy risk, making it a reliable long-term investment.

Through effective management—including rent optimization, tenant retention, and proactive maintenance—the asset is positioned for both consistent cash flow and continued appreciation.

This case demonstrates how a well-located multi-family property near the coast can generate strong income performance while building long-term equity when managed strategically.