2060 NE 1st Street # 20, Deerfield Beach FL 33441

About This Property

Build a "OCEANFRONT 50-100+ UNITS HOTEL, LUXURY OCEANFRONT CONDOMINIUMS, a CONDOTEL overlooking Boca Raton & Deerfield Beach Pier!!! There is no other Oceanfront property in Deerfield Beach this Big & just feet from the Beach, Deerfield Beach Pier, JB's on the Beach & Oceans 234 restaurants, & the Deerfield Beach Boardwalk. Located next door to the "WYNDHAM HOTEL & ROYAL BLUES HOTEL RELAIS & CHATEAUX" where rooms rent for $600-$1,200/night during season! This Iconic Oceanfront property is half block from Boca Raton & down the street from the Rosewood Residences where condos sell from $6,000,000-$17,000,000+! This exclusive property is on a quiet street in front of the Ocean!!! Currently there is an existing 19 units you can rent before developing for $700,000-$800,000+/year gross income!

Property Details

Property Type

Multi Family

Status

Active

MLS #

B26067521

Building Area

9,589 SF

Lot Size

30,000 SF

Year Built

1961

Zoning

Hotel, Condos,

Units

19

Days on Market

42

Price

$16,500,000