Duplex in 338 SW 1st Terrace, Deerfield Beach, FL 33441 for sale with MLS# A11957775

Both units are tenant-occupied, generating income from Day 1. Unit 3 lease expires Aug 2026; Unit 4 expires Oct 2026 - ideal for investors, house-hackers, or developers seeking near-term flexibility. Two mirrored 1BR/1BA units (~503 sq ft each). Massive, fenced yard on a 4,791 sq ft lot (0.11 acres) - oversized relative to existing structure with room for a pool or phased expansion. 4 dedicated parking spaces. No HOA. Zoned DBR (Dixie Business/Residential) - seller represents up to 9 units permitted per city code; buyer to verify density with Deerfield Beach Planning. Parcel verified at BCPA Folio #484306120061: web.bcpa.net/bcpaclient. Minutes to the beach, I-95, shopping & dining. FHA | VA | DSCR | Conventional financing accepted."

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338 SW 1st Terrace, Deerfield Beach, FL 33441

Price
Price:
$365,000.00
Original List Price:
$400,000.00
List Price per Sq Ft (Calculated, Approx.):
$363.18
Property Status and Type
Listing Type:
For Sale
Status:
Active Under Contract (An offer has been accepted, considering Backup Offers)
Contingency:
Active Under Contract
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Duplex
Description of Last Important Update:
Status Change
Last Major Update on:
July 7, 2026 9:23 pm
Measures
Living Area:
1,005 Sqft
Built-Up Area:
1,005 Sqft
Property Features
Waterfront:
No
Air Conditioning
Air Conditioning System:
Ceiling Fan(s), Wall/window Unit(s)
Heating
Heating System:
Separate Meters, Window/wall
Construction
Year Built:
1970
Roof:
Shingle
Number of Units Total:
2
Levels:
Two
Construction Materials:
Frame
Flooring:
Other
Number of stories:
1
Structure Type:
Duplex
Number of Units in the Community or Building:
2
Flood Zone Code:
X
Taxes and Expenses
Tax Annual Amount:
$5,901.00
Tax Year:
2025
Property Tax Details:
Tax Reflects No Exemptions
Utilities
Utilities Available:
Sewer Available, Cable Not Available
Community
Subdivision Name:
MILLER ADDITION
Senior Community:
No
Terms
Listing Terms Considered by Seller:
Cash, Conventional, FHA, VA Loan
Buyer Possession:
Negotiable
Zoning and Legal
Tax Legal Description:
MILLER ADDITION 24-23 B LOT 8 BLK 1
Real Estate Folio Number (Parcel Number):
484306120061
Zoning:
DBR
Public Schools Assigned
Elementary School:
Deerfield Beach
High School:
Deerfield Beach
Middle Or Junior School:
Deerfield Beach
Listing History
Active on the market since:
February 2, 2026
Listing Agreement executed on:
February 2, 2026
Purchase Contract Date:
June 29, 2026
Price change occurred on:
May 12, 2026 1:29 am
Listing Status Last Changed On:
July 7, 2026 9:23 pm
Photos updated on:
July 7, 2026 9:26 pm
Last Modified:
August 5, 2026 5:42 pm
Additional Information
Courtesy of:
Lifestyle International Realty
Attribution:
Not provided
Location
Street Name:
1st
Street Number:
338
City:
Deerfield Beach
State:
Florida
Zip Code:
33441
County:
Broward
Latitude:
N26° 18' 48.8''
Longitude:
W81° 53' 47.3''
Street Suffix:
Terrace
Street Direction Prefix:
SW
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $57,257
Median Home Value $381,700
Median Rent $1,544/mo
Median Age 42
Population 30,214
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Association of REALTORS®
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