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131 42nd Court - 1.15 Acres residential land for up to 9 homes 1.15 Acres of Commercial Land Offered at $365,000 in Deerfield Beach, FL 33064
INVESTMENT HIGHLIGHTS
- Can build approx. 9 single family homes
- City likely to approve RS-5 or RS-7 re-zoning
- 15-minute drive to Deer?eld Beach Pier
- Average Household Income over $88k
- Easy access to major roads and highways
DATA ROOM Click Here to Access
PROPERTY FACTS Under Contract
1 LOT AVAILABLE
Lot
| Price | $365,000 | Lot Size | 1.15 AC |
| Price Per AC | $317,391.30 |
| Price | $365,000 |
| Price Per AC | $317,391.30 |
| Lot Size | 1.15 AC |
There are five lots; however, the bulk of the land is concentrated on one. Per the city, the current zoning is no longer valid and must be changed to either RS-5 or RS-7. This should allow for a total of approx. nine homes to be built.
DESCRIPTION
Residential development land which the City of Deer?eld Bach acknowledged can be re-zoned RS-5 or RS-7 for an appropriate project. There is one large parcel at 131 NW 42nd Court with 45,461 SF and two parcels within it that, 111 & 121 NW 42nd Court which add an additional 2,400 SF. That site has 47,861 SF in total. Additionally, around the corner and to the north at 4362 & 4462 NW 1st Terrace, there are individual lots that must be purchased as part of this sale. Those lots are 1200 SF each and eligible for the same re-zoning per the city. In total, there are ?ve folios with a total of 50,261 SF or 1.15 acres of land for sale. All are owned by the same entity.
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131 42nd Court - 1.15 Acres residential land for up to 9 homes
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