560 - 570 NE 19th ave, deerfield beach, fl

PROJECT DESCRIPTION: 560 NE 19th Ave is a duplex located just steps from the ocean and intracoastal. It has two spacious units with 2 bedrooms, 2 baths, outdoor space, and dedicated parking. The property was purchased by JEL Development in 2015 and completely renovated.

After a seven year period we surpassed all of our top line estimates. The property was sold for 3x above our initial purchase price and with a solid return during the holding period.

DEVELOPER: JEL Development

COMPLETION YEAR: 2015

STATUS: Completed & Sold

PROJECT METRICS:

• Completed in time?: Yes
• ROI: 38%
• Cash-on-cash return: 11%

 INVESTMENT OPPORTUNITY?: Contact us for more information.