| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 58th | Poor |
| Demographics | 13th | Poor |
| Amenities | 56th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 5200 NE 5th Ter, Deerfield Beach, FL, 33064, US |
| Region / Metro | Deerfield Beach |
| Year of Construction | 1989 |
| Units | 37 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
5200 NE 5th Ter Deerfield Beach Multifamily Investment
Neighborhood occupancy has trended upward and ownership costs are relatively high for the metro, supporting steady renter demand, according to WDSuite’s CRE market data.
Located in Deerfield Beach’s inner-suburban fabric of the Fort Lauderdale–Pompano Beach–Sunrise metro, the property sits in a neighborhood rated C- where renter-occupied housing is meaningful (high renter concentration at the neighborhood level). Neighborhood occupancy is below the metro median but has improved over the past five years, suggesting more stable leasing conditions for well-positioned assets.
Daily-needs access is a relative strength: grocery availability is in the top decile nationally, and park access is similarly strong. By contrast, cafes and pharmacies are thinly supplied, so convenience skews toward essentials over lifestyle retail. These dynamics typically support workforce-oriented renter retention while limiting premium amenity premiums.
Home values sit above national averages and the neighborhood’s value-to-income ratio is elevated, indicating a high-cost ownership market that tends to reinforce reliance on multifamily rentals. At the same time, rent-to-income levels are high locally, which calls for disciplined lease management and attentiveness to affordability pressure. School quality in the neighborhood benchmarks low versus national peers, an underwriting consideration for family-oriented demand.
The asset’s 1989 vintage is newer than the neighborhood’s average construction year, positioning it competitively against older stock while still leaving room for targeted modernization to enhance performance. Within a 3-mile radius, population and household counts have grown in recent years and are projected to continue expanding, pointing to a larger tenant base that can support occupancy stability and measured rent growth over time based on CRE market data from WDSuite.
Safety indicators benchmark below both metro and national norms. The neighborhood’s crime standing places it in the lower tiers relative to Fort Lauderdale–Pompano Beach–Sunrise peers (ranked toward the bottom among 345 metro neighborhoods) and below the national median by percentile. Recent year-over-year trends show property and violent offense rates moving unfavorably, which warrants conservative underwriting and stronger onsite security and resident-engagement practices.
For investors, the takeaway is risk management rather than alarm: underwriting should reflect elevated security and repair reserves, and leasing strategies can emphasize well-lit common areas, access controls, and community standards to support retention.
Proximity to regional corporate employment underpins commuter convenience and broadens the renter pool, with concentrations in office, healthcare, and automotive retail. Nearby anchors include Office Depot, Tenet Healthcare Corporation, and AutoNation.
- Office Depot — corporate offices (7.5 miles) — HQ
- Tenet Healthcare Corporation, Florida Region — healthcare services (10.3 miles)
- AutoNation — automotive retail HQ (12.2 miles) — HQ
- Johnson & Johnson — corporate offices (29.3 miles)
This 37-unit, 1989-vintage asset offers a defensible workforce housing position in an inner-suburban Deerfield Beach location. The neighborhood shows improving occupancy alongside a meaningful renter-occupied housing share, while elevated ownership costs locally tend to sustain rental demand. Newer-than-area-average vintage provides competitive positioning versus older stock, with targeted upgrades likely to resonate with cost-conscious renters. Within a 3-mile radius, population and households have grown and are projected to expand further, supporting a larger tenant base and occupancy stability, according to CRE market data from WDSuite.
Key considerations include affordability pressure signaled by high rent-to-income ratios, below-average school ratings, and safety metrics that trail metro and national benchmarks. These are manageable with prudent underwriting, value-oriented renovations, and strong property operations.
- Inner-suburban location with improving neighborhood occupancy supporting leasing stability
- 1989 vintage—newer than local average—allowing competitive positioning and targeted modernization
- Expanding 3-mile population and household base points to a larger tenant pool and retention upside
- Elevated ownership costs reinforce multifamily demand and pricing resilience relative to older stock
- Risks: affordability pressure (high rent-to-income), below-average schools, and safety metrics below metro/national norms