959 SE 6th Avenue, Deerfield Beach, FL, 33441 | $17,250,000

Extremely Rare Opportunity to purchase a +/- 10-acre High School campus in NE Broward County. 3 buildings totaling +/- 62, 096 sf, + 1, 1440sf Portable building.
Total of 35 classrooms including science & computer labs. 2-story gymnasium building with stage, cafeteria, commercial kitchen, offices, lounge, lockers, weight & training rooms, etc.
Grounds have a football/soccer field, tennis, basketball and sand volleyball courts, baseball & softball diamonds and a playground/park. +/- 600 Student capacity. Over 570 ff on SE 10th St, signalized corner at SE 6th Ave. Minutes from many UHNW communities. Click on ''More'' for additional information. Site: 9. 96 Acres 433, 783sf CF Zoning -Community Facility Flood Zone AH +/- 573' on SE 10th St +/- 245' on SE 6th Ave Signalized Light Campus: 3 Masonry Buildings +/-62, 096 adj sf 1 Portable Building +/- 600 Student Capacity 35 classrooms (incl. art, computer, and science labs) & media room. N Building: 16, 400sf adj sf built in 1966 14 classrooms, media center teacher's lounge, offices and restrooms, copy room, restrooms S Building: 4260 adj sf built in 1966 4 classrooms and maintenance area w/office Portable Building: 1440sf 2 classrooms Gymnasium Building: +/- 41, 436 adj sf built in 1984 15 classrooms (incl, science and computer labs), offices, stage, cafeteria, kitchen, weight room, training room, boys/girls locker rooms, refrigeration and storage rooms. Grounds: Football/soccer field, softball and baseball diamonds, 2 tennis courts, 2 basketball courts, 1 sand volleyball court, playground/park 60 dedicated parking spots plus cross access/parking agreement with Zion Lutheran. Tenant: Somerset Academy Key Middle/High School Irreplaceable location: 1. 3 miles to I-95 2 miles to Boca Raton 2. 4 miles to Lighthouse Point 4 miles to Hillsboro Mile 6. 5 miles to Parkland 11 Miles to Delray Beach 14 miles to Fort Lauderdale Terms: Sold "As Is" subject to Buyer's inspections Existing CF zoning - Seller will not consider any offer subject to a change in zoning No Financing Contingencies Somerset Academy tenancy Shared access/parking agreement. Please allow +/- 3 weeks for offer response time. POF Letter to accompany all offers. *Zion Lutheran Church and Preschool are not part of +/- 10-acre school campus sale and will not consider any offer to purchase which includes either the church and/or preschool. All information is believed accurate but is not guaranteed and may be subject to errors and omissions and subject to changes without notice. All measurements are approximate.

Features

  • Property Type: Business
  • Construction: Stucco, CBS
  • Utilities: Cable Available
  • Heating: Central, Central Building, Heat Strip
  • Cooling: Central Air, Central Individual
  • Units: 1
  • Zoning: CF
  • Year Built: 1966
  • Acreage: 9.96
  • Est. Taxes: $0
  • Tenant Pays: Electricity, Water
  • MLS#: R10963976
  • Website: https://www.raveis.com
    /prop/R10963976/959se6thavenue_deerfieldbeach_fl?source=qrflyer
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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959 SE 6th Avenue, Deerfield Beach, FL, 33441

$17,250,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $13,800,000 $13,800,000 $13,800,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.000% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.362% 6.361% 6.183%
Monthly Tax Payment $0 $0 $0
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $82,738 $84,969 $116,452
Total Monthly Payment $82,863 $85,094 $116,577

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.