Prime A1A FL Real Estate Development Oppty | 735 SE 20th Ave
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Prime A1A FL Real Estate Development Oppty 735 SE 20th Ave
24 Room Hotel Deerfield Beach, FL 33441 £7,856,145 (£327,339/Room)
EXECUTIVE SUMMARY
SELLER FINANCING AVAILABLE*| GROUNDLEASE OPTION
This well-located 42,000-square-foot site offers an exceptional opportunity for redevelopment on world-renowned A1A. Situated just steps from the beach, the parcel offers 300 feet of A1A frontage and provides an ideal setting for investors seeking to capitalize on Florida’s booming real estate market on prime real estate.
Owner financing is available, offering flexibility to investors. Additionally, there is the possibility of leveraging development incentives and other concessions that can enhance the project’s value.
Investment Highlights
+ 42,000-SF Parcel
+ 300 feet frontage on A1A x 140 feet on 8th
+ Situated on A1A
+ Zoned for Condominium/Multifamily
+ Steps from the beach
+ Close to shops & restaurants
+ Potential development incentives
+ High growth area
* IMPORTANT NOTE: Contact Rick Tobin for a site visit or any inquiries. Do not contact the owner directly or visit the site without an appointment. Doing so will compromise your commission.
For more information or to view architectural concept designs, contact Rick directly.
NOTE: Seller financing with attractive rate, pending strength of the purchaser.
This well-located 42,000-square-foot site offers an exceptional opportunity for redevelopment on world-renowned A1A. Situated just steps from the beach, the parcel offers 300 feet of A1A frontage and provides an ideal setting for investors seeking to capitalize on Florida’s booming real estate market on prime real estate.
Owner financing is available, offering flexibility to investors. Additionally, there is the possibility of leveraging development incentives and other concessions that can enhance the project’s value.
Investment Highlights
+ 42,000-SF Parcel
+ 300 feet frontage on A1A x 140 feet on 8th
+ Situated on A1A
+ Zoned for Condominium/Multifamily
+ Steps from the beach
+ Close to shops & restaurants
+ Potential development incentives
+ High growth area
* IMPORTANT NOTE: Contact Rick Tobin for a site visit or any inquiries. Do not contact the owner directly or visit the site without an appointment. Doing so will compromise your commission.
For more information or to view architectural concept designs, contact Rick directly.
NOTE: Seller financing with attractive rate, pending strength of the purchaser.
PROPERTY FACTS
| Price | £7,856,145 | Building Size | 16,698 SF |
| Price Per Room | £327,339 | No. Rooms | 24 |
| Sale Type | Investment | Number of Floors | 3 |
| Sale Condition | Development Sale | Year Built | 1982 |
| Property Type | Hospitality | Tenancy | Single |
| Property Subtype | Hotel | Parking Ratio | 1.44/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 0.97 AC |
| Price | £7,856,145 |
| Price Per Room | £327,339 |
| Sale Type | Investment |
| Sale Condition | Development Sale |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.97 AC |
| Building Size | 16,698 SF |
| No. Rooms | 24 |
| Number of Floors | 3 |
| Year Built | 1982 |
| Tenancy | Single |
| Parking Ratio | 1.44/1,000 SF |
| Corridor | Interior |
AMENITIES
- Pool
- High Speed Internet Access
- Time Share
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 2 | £111.89 | - |
| Guest Room | 22 | £95.23 | - |
Bike Score®
Very Bikeable (75)
ZONING
| Zoning Code | C1 (Condominium) |
| C1 (Condominium) |
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Prime A1A FL Real Estate Development Oppty | 735 SE 20th Ave
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