Bought with Signature Paradise Realty Int'l
$3,800,000
$4,500,000
15.6%For more information regarding the value of a property, please contact us for a free consultation.
501 NE 21st AVE Deerfield Beach, FL 33441
0.48 Acres Lot
Key Details
Sold Price $3,800,000
Property Type Vacant Land
Sub Type Commercial Land
Listing Status Sold
Purchase Type For Sale
Subdivision Ocean Vue
MLS Listing ID RX-10809187
Annual Tax Amount $15,526
Tax Year 2021
Lot Size 0.478 Acres
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.
Location
State FL
County Broward
Community Ocean Vue
Area 3111
Zoning RM-25
Exterior
Utilities Available Cable, Electric Service Available, Phone Line, Public Water, Sewer
Waterfront No
Exposure East
Building
Lot Description 1/4 to 1/2 Acre, East of US-1, Paved Road, Public Road
Story 140.00
Schools
Elementary Schools Deerfield Beach Elementary School
Middle Schools Deerfield Beach Middle School
High Schools Deerfield Beach High School
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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