81 3rd Aveg1 Deerfield Beach, FL 33441-3526
MIXED USES: Mixed use categories include Activity Center, Local Activity Center (LAC), Mixed Use-Residential (MUR), and Transit Oriented Development (TOD). Mixed use categories are intended to facilitate a coordinated and balanced mix of land uses that promote interconnectivity, quality urban form, multi-modal movement, and compatibility between and with adj…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
LAC · Deerfield Beach, FLMIXED USES: Mixed use categories include Activity Center, Local Activity Center (LAC), Mixed Use-Residential (MUR), and Transit Oriented Development (TOD). Mixed use categories are intended to facilitate a coordinated and balanced mix of land uses that promote interconnectivity, quality urban form, multi-modal movement, and compatibility between and with adjacent uses. OFFICE PARK: Office Park areas are planned office complexes and corporate headquarters. Office Park areas consist of a campus-like atmosphere with substantial buildings and ample open space. There is currently one Office Park designation in the City. This is the Nor th Broward Regional Medical Center located east of I-95 on Sample Road. RECREATION: This land use category includes land used for both commercial and public recreation. ______________________________________________________________________________ City of Deerfield Beach Future Land Use Element 37 COMMERCIAL - sites owned by private, commercial or other non- governmental agencies, available to the public for purposes of recreational uses. Most of the acreage in this category is occupied by golf courses. This category does not include many of the recreational common areas in condominium developments. PUBLIC - sites owned or leased on a long-term basis by a federal, state, regional, or local government agency for the purpose of recreational uses. The 53-acre Deerfield Island Park is owned by the State who, in turn, leases it to the County. Quiet Water’s Park is a regional County park. The remainder of the public park land is owned or leased by the City. RESIDENTIAL: Land classified as Residential is that which is used predominately for housing. For study purposes, residential land use ha s been divided into five sub- categories: Residential-Low, 5 or less dwelling units per acre; Residential Moderate, 5- 10 dwelling units per acre; Residential-Medium, 11 to 15 dwelling units per acre; Residential -Medium, 16 dwelling units per acre; Residential-High, 17 to 25 dwelling units per acre; and Residential-Very High, over 25 dwelling units per acre. The Residential -Low category represents essentially single- family development while the higher residential categories primarily represent multi-family. Residential uses comprise the bulk of the City’s land uses. TRANSPORTATION: The Transportation land use category consists of the Interstate 95, the Florida East Coast Railroad, the Seaboard Coastline Railroad, and the Florida’s Turnpike interchange with Southwest 10 th Street (Sawgrass Expressway).
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.