For Sale
$580,000

107 2Nd CtDeerfield Beach, FL 33441

Prime Development Opportunity, High ARV Potential

Overview

Added:
Dec 11, 2024
Days on market:
114
This 1,596 square foot mixed-use property in Deerfield Beach, Florida, presents a significant investment opportunity. Located at 107 SW 2nd Court, this 1949-built building sits on a fully fenced corner lot with no HOA restrictions and no code violations. The property is zoned DBR (Dixie/Business/Residential), allowing for multi-family or commercial development. Its strategic location within the vibrant Dixie Highway Commercial Corridor offers easy access to I-95, the beach, shopping, restaurants, hospitals, and the airport. The substantial land value is estimated in the upper $800,000s, with an After Repair Value (ARV) potential exceeding $1.7 million. The property's proximity to Deerfield Beach's attractions, including its pier, beach, and water sports facilities, makes it ideal for various uses, including short-term rentals. This is a rare chance to acquire a property with significant upside in a highly desirable South Florida location. The expansive lot even allows for the addition of a pool. This blank canvas awaits your vision and development plans. The property's address is 107 SW 2nd Court, Deerfield Beach, FL 33441.

Highlights

  • $580,000 asking price for a 1,596 sq ft mixed-use property.
  • DBR zoning allows for multi-family or commercial development in Deerfield Beach's Dixie Highway Corridor.
  • Large, fully fenced corner lot with no HOA or code violations.
  • Estimated land value in the upper $800,000s, with an after repair value (ARV) potential exceeding $1.7 million.
  • Excellent location near I-95, the beach, and Deerfield Beach amenities.

Property Details for 107 2Nd Ct

Property type
Mixed-use properties
Square Feet
1,596 SF
Year Built
1949
Units
1

Location Insight

City
Deerfield Beach
County
Broward
State
Florida
Latitude
26.3153452
Longitude
-80.1030997
107 2Nd Ct, Deerfield Beach, Florida

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107 2Nd Ct
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