A new opportunity for investors and developers looking to acquire a prime oceanfront building. The existing 30 unit building offers high income producing opportunities with 201' of direct ocean frontage, a private pool, private beach access, and is only an 8 minute walk to the Deerfield Beach pier, restaurants and… Read More shops.There is also potential for redevelopment or renovation of the existing building. A land lease with a 33-year term remaining is in place at $12,000 per year. This is the only prime oceanfront location available for new or redevelopment in the area. The possibilities are limitless. Read Less
Courtesy of Anthony J Albino, Beautiful Homes Realty Inc 561-392-7875
Listing Snapshot
Days Online
1382
Last Updated
Property Type
Business Opportunity
Year Built
1957
MLS Number
F10340073
30 Days Snapshot Of 33062
$540k
-14%
(avg) sold price
42
-6%
homes sold
140
-5%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1957
Expenses
Insurance: $49,712
Parking
38 total parkings
Property
Zoning: RM-16
Taxes
Annual amount: $74,142
Utilities
"Other"
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