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501 NE 21st Avenue
Deerfield Beach, FL 33441
SOLD
$3,800,000
Sold
MLS# RX-10809187

Property Details

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 and 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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Property Highlights

Status
Sold
MLS Status
Closed
Price
$ 4,500,000
Property Type
Land/Docks
Property Subtype
Commercial Land

Location

Subdivision
Ocean Vue
County
Broward
Waterfront
No

Heating, Cooling & Utilities

Lot

Zoned
RM-25

Community

Elementary
Deerfield Beach Elementary School
Junior High
Deerfield Beach Middle School
Senior High
Deerfield Beach High School

Taxes & Terms

Terms
Cash, Conventional
Taxes
$15,527
REO
No

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All estimates and provided for informational purposes only. Actual amounts may vary. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. Information, rates, programs and loan scenarios shown are for example only as of 23-Apr-2024 and are subject to change without notice. All products are subject to credit and property approval. Not all products are available in all states or for all loan amounts. Other restrictions and limitations apply. Contact your preferred lender for the pricing associated with your specific transaction. Calculations are generated by open source mortgage calculation software tools using common mathematical formulas. Copyright © 2024 Buying Buddy. All calculations should be independantly verified.
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Property History

244 days ago
Property information last updated
385 days ago
Date Sold
433 days ago
Status Active. This is the date the listing was placed on market.
NOTE: Cumulative Days on Market: 433. Data provided by the MLS.

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All rights reserved. Information deemed reliable but not guaranteed. All listings featuring the RPBGFL MLS logo are provided by the Realtors of the Palm Beaches and Greater Fort Lauderdale, Inc. and Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Realtors of the Palm Beaches and Greater Fort Lauderdale, Inc. and Beaches MLS, Inc.
Listing Data last updated: 04/22/2024 05:15 PM
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