| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 60th | Poor |
| Demographics | 38th | Poor |
| Amenities | 81st | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 715 Siesta Key Trl, Deerfield Beach, FL, 33441, US |
| Region / Metro | Deerfield Beach |
| Year of Construction | 1987 |
| Units | 96 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
715 Siesta Key Trl Deerfield Beach Multifamily Investment
Neighborhood occupancy has held in a stable range and renter demand is supported by steady household growth, according to WDSuite’s CRE market data. The asset’s scale positions it to capture leasing from nearby employment centers while managing affordability and retention.
Situated in Deerfield Beach’s inner-suburb fabric of the Fort Lauderdale–Pompano Beach–Sunrise metro, the neighborhood scores competitively for daily conveniences. Cafe, park, and pharmacy access all sit in the upper national percentiles, and the area ranks well among 345 metro neighborhoods for overall amenities. This mix supports leasing velocity and day-to-day livability that helps with renewals.
Occupancy for the neighborhood is reported at 92.7% and has trended modestly higher over the past five years. While this is a neighborhood-level statistic, not property-specific, it points to demand stability that multifamily owners can manage toward steady collections and pricing discipline.
Within a 3-mile radius, population and household counts have grown and are projected to continue rising through 2028, expanding the local renter pool. Median household incomes have also advanced in recent years, broadening the base of qualified tenants and supporting rent growth that remains in line with market depth.
Home values locally are relatively accessible compared with many U.S. neighborhoods, which can introduce some competition from ownership. Even so, rising rents and a diverse 3-mile workforce suggest a balanced environment where well-managed units can sustain occupancy and capture renewal increases without overreliance on lease-up.
Safety compares below national norms, based on WDSuite’s neighborhood indicators, with both violent and property offense measures sitting below the stronger national percentiles. That said, recent data show property offenses trending downward year over year, an improvement owners can monitor as part of risk management and insurance planning.
Investors should underwrite with conservative assumptions on security and operating reserves while recognizing that trends can vary by block and over time; neighborhood-level readings are most useful for comparative context across Fort Lauderdale–Pompano Beach–Sunrise submarkets and peer neighborhoods.
Proximity to regional corporate nodes underpins a diverse employment base and supports renter demand through commute convenience. Key nearby employers include Office Depot, Tenet Healthcare, AutoNation, Johnson & Johnson, and Sysco Southeast Florida.
- Office Depot — corporate offices (6.5 miles) — HQ
- Tenet Healthcare Corporation, Florida Region — healthcare administration (10.4 miles)
- AutoNation — corporate offices (13.3 miles) — HQ
- Johnson & Johnson — corporate offices (30.3 miles)
- Sysco Southeast Florida — foodservice distribution offices (31.5 miles)
This 96-unit asset offers scale in a Deerfield Beach neighborhood with steady renter demand and amenity depth. Neighborhood occupancy has improved over five years, and within a 3-mile radius both population and households are expanding, pointing to a larger tenant base and support for lease stability. With ownership costs comparatively accessible in the immediate area, the competitive set favors well-positioned units that emphasize convenience, management quality, and value-focused finishes.
According to commercial real estate analysis from WDSuite, rents in the surrounding area have trended upward while safety metrics warrant prudent operating assumptions. The thesis centers on maintaining high occupancy through amenity-driven appeal and thoughtful renewals, with selective interior and common-area updates to reinforce competitive standing against nearby alternatives.
- Neighborhood occupancy stability and amenity depth support leasing and renewals
- Expanding 3-mile renter pool from ongoing population and household growth
- Scale of 96 units enables operational efficiencies and revenue management
- Value-focused upgrades can enhance competitive positioning versus local alternatives
- Risks: below-average safety metrics and potential competition from relatively accessible ownership options