501 Ne 21st Av, Deerfield Beach, FL

$4,500,000

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0.48

Acres

About 501 Ne 21st Av

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.

Features of 501 Ne 21st Av

MLS® # RX-10809187
Price $4,500,000
Acres 0.48
Type Land
Sub-Type Commercial Land
Style No
Status Active

Community Information

Address 501 Ne 21st Av
Area 3111
Subdivision OCEAN VUE
Development Ocean Vue
City Deerfield Beach
County Broward
State FL
Zip Code 33441

Amenities

Utilities Electric, Public Water, Septic Sewer, Cable, Phone Line, Trash Removal
Is Waterfront No

Exterior

Lot Description 1/4 to 1/2 Acre, Paved Road, Public Road, East of US-1

School Information

Elementary Deerfield Beach Elementary School
Middle Deerfield Beach Middle School
High Deerfield Beach High School

Additional Information

Zoning RM-25
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

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