Atlantic Luxury Advisors
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27 photos

550 2nd Ave #G25

Deerfield Beach, FL 33441

$175,000
2
1
840 sq ft
1978
Condominium
$482/mo
199
Active

Listing courtesy of MTRE Groupe LLC (Gulcin Morello). Contact: [email protected].

About this home

Investor Opportunity — Income from Day One! This 2-bedroom, 1-bath unit is already leased at $1,750/month, with a $3,500 security deposit in hand. The current lease runs through June 2027. The unit features an in-unit washer and dryer and an upgraded kitchen with brand-new stainless steel appliances. Both the unit and the entire building have been freshly painted, giving a clean, modern look. No rental restrictions, the property may be rented twice per year, providing flexibility for investors or future use. There is a total special assessment of $8,628 for the 40-year certification, payable in monthly installments of $120.

What it costs to own
Estimated monthly payment
$1,695/mo
Principal and interest
$885
Property tax
$220
Homeowners insurance
$108
HOA
$482

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$2,645/yr

Estimate: the price times the Broward County average total millage (19.86 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
$482/mo (from the listing)
FEMA flood zone
Zone X, moderate risk

Outside the special flood hazard area (0.2% annual chance). Flood insurance is optional and usually priced lower.

Hurricane evacuation zone
Not in a designated evacuation zone

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.