1944 NE 5th Street, Deerfield Beach FL 33441, DEERFIELD BEACH, FL, 33441
Active538 days on marketListed Feb 22, 2025MLS #F10488055
About this home
1944 NE 5th Street, Deerfield Beach FL 33441
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.
Facts & features
The home at a glance
2,549
Sqft
1947
Year built
$902
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$15,439 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$15,439/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Deerfield Beach actives
$902 vs $227
Days on market
538 vs 76 typical
Where $902/sqft sits among the 400 Deerfield Beach actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Deerfield Beach Island
Get to know Deerfield Beach. See the full Deerfield Beach guide →
Deerfield Beach Island — neighborhood snapshot
Population
2,274
Median age
62
Median income
$61,239
Median home value
$530,950
Avg household
2
Households w/ children
47%
For the school run
Broward County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Deerfield Beach market
$557K → $360K
Deerfield Beach median sold, yr/yr
95.9%
Sale-to-list ratio (12 mo)
42 of 400
Deerfield Beach actives have cut their price
Median sold price, Deerfield Beach, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 1214% above the DEERFIELD BEACH 33441 median. See the full Deerfield Beach market guide →
Paper trail
This home's history
Reality check
What actually sold near 1944 NE 5th Street
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Oct ’25$1,275,000
1963 NE 6th St, Deerfield Beach FL 33441 · same community
6 bd · 5 ba · 3,339 sqft · $382/sqft · 54 DOM
Sold · Jul ’26$1,400,000
1109 SE 12th St, Deerfield Beach FL 33441
5 bd · 3 ba · 2,614 sqft · $536/sqft · 235 DOM
Sold · Aug ’25$1,780,000
Nearby listing
3 bd · 3 ba · 2,380 sqft · $748/sqft · 0 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 1944 NE 5th Street — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1944 NE 5th Street — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
1944 NE 5th Street FAQs
What would the monthly payment be for 1944 NE 5th Street, Deerfield Beach FL 33441?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $15,439/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 1944 NE 5th Street, Deerfield Beach FL 33441?+
The most recent tax bill on record (2024) was $24,141. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Deerfield Beach?+
At $2,299,000, this home is listed about 1021% above the Deerfield Beach median of $205,000. The market section on this page shows how the area is trending.
Which schools are assigned to 1944 NE 5th Street, Deerfield Beach FL 33441?+
Deerfield Beach Elementary School (elementary), Deerfield Beach Middle School (middle), Deerfield Beach High School (high) — Broward County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$2,299,000 runs 1214% above the DEERFIELD BEACH 33441 median — but at 2,549 sqft it's also nearly 3 times the size of the typical Deerfield Beach listing.
02Time on market is leverage
538 days on market against a Deerfield Beach median of 76 — sellers in this position are usually ready to negotiate.
03The price has already moved
Listed at $2,900,000, now $2,299,000 — a $601K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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