This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
131 42nd Court - 1.15 Acres residential land for up to 9 homes
1.15 Acres of Commercial Land Offered at £391,224 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
1 Lot Available
Lot
| Price | £391,224 | Lot Size | 1.15 AC |
| Price Per AC | £340,195 |
| Price | £391,224 |
| Price Per AC | £340,195 |
| 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 Per the city, the current zoning is no longer valid and must be changed to either RS-5 or RS-7.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.
PROPERTY TAXES
| Parcel Number | 48-42-14-08-0010 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £142,023 |
PROPERTY TAXES
zoning
| Zoning Code | RM-7 (City states lots must be re-zoned to RM-5 or RM-7. Please see offering memorandum for more details.) |
| RM-7 (City states lots must be re-zoned to RM-5 or RM-7. Please see offering memorandum for more details.) |
-
Robert Wainland -
Coldwell Banker Commercial Realty
Presented by
131 42nd Court - 1.15 Acres residential land for up to 9 homes
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.