BOCA RATON, FL (PRWEB) February 06, 2015
Howard Horowitz and Avidan Edelsberg, Douglas Elliman sales associates based in the national brokerage’s Boca Raton office, announced today a residential real estate investment opportunity in Deerfield Beach.
Located two blocks from the beach and ocean and within walking distance to area shops and restaurants, Ekali Place is located at 330 SE 19th Avenue in Deerfield Beach. This new-to-market listing presents a nearly 5,000-square-foot condominium building with six one and two bedroom units that may be combined and sold as an investment package or purchased individually. The property, which was originally built in 2006, is classified as a multifamily midrise.
Each unit at Ekali Place features spacious floor plans with new tile flooring and open patios. Recently updated kitchens and bathrooms offer granite countertops, wood cabinets, and stainless steel appliances.
Pricing begins around $160,000 per unit or $950,000 for the package of six. Average monthly rental prices are estimated at $1650 for two bedroom/two bathroom models and $1250 for one bedroom/one bathroom models. Potential re-development opportunities with control of the condo association can be considered. Property taxes are homeowner association fees are low.
About Douglas Elliman Real Estate
Established in 1911, Douglas Elliman Real Estate is the largest brokerage in the New York Metropolitan area with over 75 offices in New York City, Long Island, the Hamptons, and Westchester/Putnam across a network of over 5,000 agents. Consistently ranked among the top four residential real estate companies nationwide since 2007, Douglas Elliman has a significant presence in South Florida, Beverly Hills, Southern Connecticut, and Aspen. Moreover, Douglas Elliman has a strategic international global alliance with London-based Knight Frank LLP for residential business in the worldwide luxury markets spanning 52 countries and six continents. The company also controls a portfolio of real estate services, including Douglas Elliman Development Marketing, Manhattan’s largest residential property manager, Douglas Elliman Property Management, DE Commercial, and DE Title. For more information on Douglas Elliman as well as expert commentary on emerging trends in the real estate industry, please visit http://www.elliman.com.