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5120 NE 22nd Ave

Deerfield Beach FL 33441

2779 sq. ft.
7514 sq. ft.
Duplex
Currently for sale - view listing

Overview

RARE EAST OF FEDERAL LIGHTHOUSE POINT INVESTMENT OPPORTUNITY! Discover this fully renovated, income-producing duplex ideally positioned on a private corner lot in one of South Florida's most desirable coastal communities. Offering two beautifully updated residences, separate electric meters, private fenced backyards, extensive parking, and exceptional flexibility, this turnkey property is ideal for investors, owner-occupants looking to offset their mortgage with rental income, or multi-generational living. UNIT A features 2 bedrooms, a 3rd flex bedroom ideal for a home office, gym, guest space, or additional living area, 2 bathrooms & a dedicated laundry room. The renovated kitchen offers custom cabinetry and abundant storage, while the spacious primary suite features a relaxing jacuzzi tub. Waterproof flooring throughout means NO CARPET, and the oversized private fenced backyard provides incredible outdoor space. UNIT B offers 3 bedrooms, 2 bathrooms, a flexible office/reading/workspace area, beautifully remodeled kitchen and bathrooms, contemporary finishes, and its own private fenced backyard. Both residences feature IMPACT WINDOWS & DOORS and have been thoughtfully renovated for truly move-in-ready living. One of the property's standout features is the exceptional amount of usable outdoor and parking space. A large circular paver driveway provides ample off-street parking, while the expansive side and rear yard offers room to accommodate a BOAT, RV, LARGE TRAILER, or additional vehicles. The property's layout may also provide the opportunity to create separate driveway areas for each residence, subject to applicable approvals. Furniture is negotiable, giving buyers the option to purchase the property furnished for a more seamless turnkey investment or unfurnished to personalize each residence. Situated EAST OF FEDERAL HIGHWAY and minutes from Deerfield Beach, Hillsboro Beach, Pompano Beach, the Intracoastal Waterway, marinas, public boat ramps, waterfront dining, boutique shopping, parks, golf, fishing, and boating. Convenient access to Federal Highway, I-95, and South Florida airports makes this an outstanding location for both residents and tenants. Live in one side and rent the other, lease both residences for income potential or add a beautifully renovated coastal multifamily property to your real estate portfolio. A rare opportunity to own a turnkey duplex combining LOCATION, LIFESTYLE, PARKING, PRIVACY, and INCOME POTENTIAL in highly desirable Lighthouse Point!

Features

2779 sq. ft. floor area
7514 sq. ft. lot size
Duplex

Property history for 5120 NE 22nd Ave

2024
Sold
$950,000
04 Oct 2024 by Joy Smith, of COLDWELL BANKER RESIDENTIAL RE
2023
Sold
$875,000
17 Feb 2023 by Michael Johnston, of The Keyes Company
2017
Sold
$487,000
31 Oct 2017 by Teresa Bauer, of RE/MAX First

Happy sellers in Deerfield Beach

88%
88% of sellers in Deerfield Beach reported that their sale price either exceeded or met their price expectations.

Deerfield Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 11 reviews in Deerfield Beach over the last 12 months.

Local market activity for duplexes in Deerfield Beach

In the last 12 months, 15 duplexes similar to 5120 NE 22nd Ave, have been sold.

This represents a 15% decrease in duplexes sales when compared to the previous 12 months.

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