501 NE 21st Avenue, Deerfield Beach, FL 33441

$4,500,000
List Price
$4,500,000
MLS#
RX-10809187
Lot Size
20,829
Subtype
Commercial Land
County
Broward
Community
Ocean Vue
Subdivision
Ocean Vue

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. Each lot is 50' wide x 140' deep & 6,946 SF 487 N. E. 21st Ave., has two buildings each are about 2000 SF 501 NE. 21st Ave. is a newer property that has a 2000 SF building with 5 apartments And the last parcel which is behind that building is a vacant lot at 500 N. E. 20th Ave.

Additional Information

Carport
100
Front Exposure
East
Status Label
PENDING
Total Unitsin Bldg
3
Lot Description
1/4 to 1/2 Acre, East of US-1, Paved Road, Public Road
Taxes
$15,526
Total Unitsin Bldg
3
Acres
0.48
Price Per Acre
408375000000

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