For SaleRisky Deal20 days on market
242 SW 3RD Street
242 SW 3RD Street, Deerfield Beach, FL 33441, Deerfield Beach, FL 33441
$375,000
Estimate®:$368,900
Listing Price
242 SW 3RD Street, Deerfield Beach, FL 33441
Loc: Deerfield Beach, FL
Days Listed
20
Tax Assessed
$275k
Estimate®
$369k
Market Rate
Lot Size
6,999 sqft
Rent Estimate
$3,172/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
6
Deerfield Park Elementary School
PK-5
0.3 mi away
3
Deerfield Beach Middle School
6-8
0.6 mi away
4
Deerfield Beach High School
9-12
1.5 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
bedroomspacioushardwood-style floorsceiling fannatural lightclutteredcasualresidentialcontemporarywhite wallsinteriorfunctional layout
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.12%
Total ROI
92.0%
Cash Flow
$-32/mo
DSCR
0.98
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-32/mo net cash flow with a 6.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.1%)
- • Strong rental demand in Deerfield Beach
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-08 | Listed for sale | $375,000 | $214 |
| 2026-08-28 | Pending sale | $375,000 | $214 |
| 2026-07-29 | Price change | $375,000 | $214 |
| 2026-07-18 | Listed for sale | $419,900 | $240 |
| 2019-08-18 | Listing removed | $1,650 | $1 |
| 2019-07-18 | Listed for rent | $1,650 | $1 |
| 2017-01-26 | Sold | $50,000 | $29 |
| 2016-07-02 | Listing removed | $69,800 | $40 |
| 2016-05-02 | Listed for sale | $69,800 | $40 |
| 2015-10-05 | Listing removed | $100,000 | $57 |
| 2015-10-05 | Price change | $100,000 | $57 |
| 2015-09-15 | Price change | $45,000 | $26 |
| 2015-09-08 | Price change | $49,000 | $28 |
| 2015-09-02 | Listed for sale | $54,900 | $31 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $6,918.62 | $275,200 |
| 2024 | $5,922.33 | $250,190 |
| 2023 | $5,675.02 | $227,450 |
| 2022 | $4,753.83 | $206,780 |
| 2021 | $4,084.98 | $187,990 |
| 2020 | $3,783.79 | $173,410 |
| 2019 | $3,691.52 | $167,550 |
| 2018 | $3,691.52 | $152,320 |
| 2017 | $3,293.27 | $43,170 |
| 2016 | $1,340.57 | $39,250 |
| 2015 | $1,254.67 | $35,690 |
| 2014 | $1,030.52 | $32,450 |
| 2013 | $1,030.52 | $33,060 |
| 2012 | $727.86 | $28,680 |
| 2011 | $660.96 | $24,390 |
| 2010 | $384.53 | $36,370 |
| 2009 | $311.28 | $35,420 |
| 2008 | $304.42 | $35,390 |
| 2007 | $284.42 | $34,360 |
| 2006 | $249.97 | $33,530 |
| 2005 | $0 | $32,560 |
| 2004 | $215.26 | $31,620 |
| 2003 | $196.19 | $31,040 |
| 2002 | $177.38 | $30,320 |
| 2001 | $115.39 | $29,850 |
| 2000 | $90.49 | $0 |
Similar Properties Nearby
Explore other investment opportunities in Deerfield Beach.