| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 60th | Poor |
| Demographics | 38th | Poor |
| Amenities | 81st | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 927 Siesta Key Blvd, Deerfield Beach, FL, 33441, US |
| Region / Metro | Deerfield Beach |
| Year of Construction | 1987 |
| Units | 64 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
927 Siesta Key Blvd Deerfield Beach 64-Unit Multifamily
Neighborhood occupancy is near the low-90s and renter concentration is high, supporting steady leasing and retention according to WDSuite’s CRE market data. These are neighborhood-level indicators, offering context for demand around the asset rather than the property itself.
Situated in Deerfield Beach’s inner-suburb fabric of the Fort Lauderdale–Pompano Beach–Sunrise metro, the surrounding neighborhood rates a B and is competitive among metro peers (ranked 134 out of 345). Amenity access scores well above the metro median (rank 24 of 345) and lands in the top quartile nationally, with convenient coverage of parks, pharmacies, groceries, and everyday services that help support renter convenience and retention.
Neighborhood occupancy is 92.7%, and the share of housing units that are renter-occupied is elevated (about 84%). For investors, that depth of renter-occupied stock suggests a large local tenant base and generally stable multifamily demand at the neighborhood level. Median asking rents in the neighborhood have risen over the past five years, while the rent-to-income ratio indicates some affordability pressure, a factor to monitor in lease management and renewal strategies.
Within a 3-mile radius, population and households have grown in recent years, with further gains projected by 2028. Household counts are expected to expand meaningfully, pointing to a larger tenant base and support for occupancy stability. Income distributions in the 3-mile area are diversifying, with growth in higher-earning cohorts alongside a sizable mid-income segment, which can underpin demand for well-managed, mid-market apartments.
Ownership costs in the immediate neighborhood are relatively accessible compared with many U.S. areas, which can create some competition from entry-level ownership. Even so, the strong renter-occupied share and amenity access suggest multifamily remains a preferred housing option locally, supporting lease-up and retention when product quality and management execution are competitive.
Safety trends are mixed relative to the region and nation. The neighborhood’s crime positioning sits below the metro median (rank 252 out of 345) and below the national median (32nd percentile), indicating higher crime incidence than many U.S. neighborhoods. However, recent estimates show property offenses declining year over year, while violent offense estimates have increased over the same period. Investors should evaluate on-the-ground factors, property-level security practices, and sub-block variability rather than relying on a single metric.
These figures reflect neighborhood-level conditions and not the specific property. Comparative context and trend direction can inform underwriting assumptions for insurance, operating costs, and resident experience initiatives.
Nearby corporate offices provide a diversified employment base that supports renter demand through commute convenience, notably in retail headquarters, healthcare services, and financial services. The list below reflects key employers within practical driving distance.
- Office Depot — office supplies corporate offices (6.5 miles) — HQ
- Tenet Healthcare Corporation, Florida Region — healthcare services (10.2 miles)
- AutoNation — automotive retail corporate offices (13.2 miles) — HQ
- Siegel Financial Group - Northwestern Mutual — financial services offices (27.9 miles)
- Johnson & Johnson — healthcare products corporate offices (30.2 miles)
This 64-unit Deerfield Beach asset benefits from a renter-oriented neighborhood where occupancy is in the low-90s and amenity access is strong relative to the metro. A large share of nearby housing is renter-occupied, which typically supports leasing velocity and a durable tenant base. According to commercial real estate analysis from WDSuite, neighborhood rent growth has been positive over the last five years, while the rent-to-income ratio signals some affordability pressure to manage through revenue optimization and renewal strategies.
Within a 3-mile radius, population and household growth—along with projected increases through 2028—point to a larger renter pool over time. Proximity to regional employers across retail headquarters, healthcare, and financial services should help sustain demand for well-located, professionally managed product. Key risks include neighborhood safety positioning relative to metro and national benchmarks and the need to balance pricing power with affordability to maintain retention.
- Renter-heavy neighborhood supports demand depth and occupancy stability
- Strong amenity access and inner-suburb location aid retention
- Growing 3-mile population and households expand the tenant base
- Regional employers in retail HQ, healthcare, and finance underpin leasing
- Risks: below-median safety metrics and affordability pressure require active management