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501 NE 21st Avenue

Deerfield Beach, FL 33441
  • $4,500,000
  • STATUS: Active
  • ON SITE: 109 Days
  • MLS #: RX-10809187
UPDATED: 180 min ago
$4,500,000
  • 0
    BEDS
  • 0.48
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

Description

Three lots only being sold together in beautiful Deerfield Beach just under an acre with 100' of frontage on A1A directly across from the beach. Perfect for building luxury multi-family units just steps from the super-popular South Florida destination: Deerfield Beach! The Deerfield Beach fishing pier, excellent restaurants from fine-dining to raw bar, shops, hotels and more are all within a 5-minute walk. While you are developing, planning and permitting, current buildings on 2 of the lots (501 & 487 NE 21st Avenue) are established income producing, easy to manage short-term rentals. The third parcel is a vacant lot at 500 NE 20th Ave directly behind 501 NE 21st Ave. It is just to the west and would make a great parking lot for future multi-family development.

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www.thepaizgroup.com/homes/129947529
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501 NE 21st Avenue Deerfield Beach, FL 33441

  • Price: $4,500,000
  • Status: Active
  • On Site: 109 Days
  • Updated: 180 min ago
  • MLS #: RX-10809187
0
Beds
0
Baths
0
½ Baths
0.48
Acres
Neighborhood:
Ocean Vue
County:
Broward
Area:
Deerfield Beach
Elementary School:
Deerfield Beach Elementary School
Middle School:
Deerfield Beach Middle School
High School:
Deerfield Beach High School
Property Description
Three lots only being sold together in beautiful Deerfield Beach just under an acre with 100' of frontage on A1A directly across from the beach. Perfect for building luxury multi-family units just steps from the super-popular South Florida destination: Deerfield Beach! The Deerfield Beach fishing pier, excellent restaurants from fine-dining to raw bar, shops, hotels and more are all within a 5-minute walk. While you are developing, planning and permitting, current buildings on 2 of the lots (501 & 487 NE 21st Avenue) are established income producing, easy to manage short-term rentals. The third parcel is a vacant lot at 500 NE 20th Ave directly behind 501 NE 21st Ave. It is just to the west and would make a great parking lot for future multi-family development.
Exterior Features

Front Exposure East Ground Cover Grassed Improvements Home Lot Depth 140.00 Lot Description 1/4 To 1/2 AcreEast Of Us-1Paved RoadPublic Road Lot Dimensions 3 Lots Each Are 140' X 50' Lot Frontage 100.00 Roads City/County Maint.PublicState Road Trees Other Waterfront YN No

Property Features

Auction No Available Docs None Comp Plan Use Intensive DvlpmntOpen LandOther Development Name Ocean Vue Development Status Recorded Plat Homeowners Association None Land Type Commercial Land List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Location Beach AreaCentral Business Dst Min Living Sq Ft Restrictions 2214.00 Parcels 3 REO No Short Sale No Short Sale Addendum No Short Sale AU N/A Special Assessment No Style Multi-Family Med Den Tax Amount 15526.70 Tax Year 2021 Terms Considered CashConventional Usage Unimproved Hotel/MtlUnimproved Multi-FamUnimproved Sing Fami Utilities Available CableElectricPhone LinePublic WaterSeptic SewerTrash Removal Utilities On Site CableElectric Service AvailablePhone LinePublic WaterSewer Zoning Rm-25

Listing provided courtesy of Signature Real Estate Finder: (561) 208-3334. Listing information © 2022 BeachesMLS
 
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The Paiz Group | EWM Realty International
1700 East Las Olas Boulevard Suite 103
Fort Lauderdale FL, 33301