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    107 2 Ct Deerfield Beach, FL 33441

    Sponsored
    For Sale
    $580,000

    Prime Development Opportunity, High ARV Potential

    Property size:
    1,596 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    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.

    Property Features for 107 2 Ct

    General Information

    Property type
    Mixed-use properties
    Square Feet
    1,596 SF

    Building Details

    Year Built
    1949
    Units
    1

    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 Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Deerfield Beach
    County
    Broward
    State
    Florida
    Longitude
    -80.1030997
    Latitude
    26.3153452

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Development Opportunity, High ARV Potential
    Where is this mixed-use property located?
    The property is located at 107 2 Ct Deerfield Beach, FL.
    What is the asking price?
    The asking price for this property is $580,000.
    What are key features of this property?
    This property features: $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.
    Request Owner's contact information
    107 2 Ct Deerfield Beach, FL 33441
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    107 2 Ct Deerfield Beach, FL 33441
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