Vista Court Flats is located in Deerfield Beach which is south of Boca Raton and north of Fort Lauderdale in Broward County, Florida. Per our research, there are only +/- 20 multifamily properties in the entire city that are 20-50 units making the inventory highly restrained as compared to other markets in South Florida. With excellent drive time connectivity to various East Boca Raton Economic Drivers, Corporate Headquarters and high end retail, Vista Court Flats is perfectly positioned for investment for buyers looking for Prime A+ locations.
The property is 25 multifamily units with key features to maximize upside. Unit size averages are higher than most other multifamily in the market and are more in line with condominium sizes in the area. Four of the twenty-five units feature sliding glass doors and private patio areas. Units are in good condition with upgraded tile flooring, knockdown walls, and electrical panel updates. Parking is ample with an abundance of available spaces for tenant use with additional public parking connected to the Memorial Park.
There are few opportunities in the market that allow for extensive renovations similar to those seen in the Class A Apartment space, Vista Court Flats ranks high on that list due to proximity to Boca Raton and the Deerfield Beach coastal areas. The investment thesis here is increased revenues through a strategic renovation strategy thereby maximizing income and capitalizing on the high barrier to entry and inventory constrained market that is Deerfield Beach.
KEY ECONOMIC DRIVERS
JM Family Enterprises: Located less than 1.5 miles away, this $20B+ giant is the primary driver for professional-class housing and high-end dining demand in the area.
The Pherros Biosciences Expansion: A massive pharmaceutical manufacturing presence that is bringing hundreds of high-wage technical jobs to the immediate vicinity.
The Cove District: The city’s premier waterfront entertainment hub, located just across Federal Highway, providing immediate synergy for retail or hospitality ventures.
Various Beachside Retail and Amenities
Instant Connectivity to East Boca Raton and Large Corporations as Workforce Income Generators
Hurricane Impact Windows, Sliding Doors, and Entry Doors Throughout
Updated Electrical Panels
BUILDING HIGHLIGHTS
Exceptional Unit Mix | (8) 2/1.5 (17) 1/1
Large Average Unit Size | 763 Square Feet
Featuring Sliding Glass Doors and Balconies
Ample Parking | +/- 48 Asphalt Parking Spaces
3 Washers and 3 Dryers
Multiple Storage Rooms
Operating Well Irrigation
LOCATION DESCRIPTION
The Vista Court Flats multifamily opportunity is located in Deerfield Beach, Florida in Broward County. Palm Beach County and Boca Raton are located just to the north of Deerfield, while Fort Lauderdale, Florida is to the south.
Invest at the intersection of coastal charm and urban modernization. This property represents a strategic foothold in one of South Florida’s most aggressive redevelopment corridors. Located inside the Pioneer Grove Local Activity Center, Vista Court Flats is perfectly positioned to capitalize on Deerfield Beach’s transition into a high-density, walkable downtown destination.
As the 10th largest city in the county, Deerfield Beach is an economic engine that generates about 7 billion dollars annually. The combination of beach-driven tourism, marine/industrial production, retail, and services creates a varied economic foundation, preventing the city from being overly dependent on a single industry. Infrastructure and location are important: in addition to tourism, distribution, logistics, and corporate headquarters are supported by access to major highways, rail, and airports.
Deerfield Beach is a top tier beach lifestyle, just over one mile from the award-winning Deerfield Beach and the International Fishing Pier. Direct access to Pioneer Park and the newly expanded Sullivan Park, offering waterfront amenities that attract families and young professionals alike. Vista Court Flats provides instant access to Federal Highway (US-1) and Hillsboro Blvd, providing a direct pipeline to I-95 and the Brightline stations in nearby Boca Raton and Fort Lauderdale.
PIONEER GROVE LOCAL ACTIVITY CENTER
Leverage the City’s Enhancement Program, which offers significant density and height bonuses for mixed-use projects that integrate residential units with ground-floor retail. As of late 2025, the city has finalized major streetscape and drainage upgrades along the Dixie and Hillsboro corridors, paving the way for immediate vertical development. The area is being reimagined with a Form-Based Code that mandates wide, pedestrian-friendly sidewalks and active storefronts, ensuring long-term property appreciation and high foot traffic.
Vista Court Flats sits at the southern gateway of this district. Under LAC regulations, the city has pre-allocated a massive density pool to encourage rapid development. A district-wide allowance of 2,150 multi-family units (averaging 18 units per acre across the district). 215,000 square feet of new commercial/retail space is earmarked for this zone. Standards prioritize mid-rise structures that create a defined "street wall," moving away from the sprawling parking lots of the past.
The City of Deerfield Beach offers a specific Pioneer Grove Enhancement Program that allows developers to "buy up" beyond base zoning limits. By incorporating public benefits, you can unlock; Height Bonuses: Potential to increase building height up to 65 feet. Density Increases: Ability to exceed the standard 18 units per acre. Parking & Unit Flex: Reductions in minimum parking ratios and unit size requirements (allowing for more efficient, high-yield floor plans). Eligible Amenities: Bonuses are granted for including affordable/senior housing, live/work units, active rooftops, or contributing to the Pioneer Grove Heritage Trail.