Nest Seekers

Build a OCEANFRONT 50 100 UNITS HOTEL, LUXURY OCEANFRONT CONDOMINIUMS, a CONDOTEL overlooking Boca Raton amp ; Deerfield Beach Pier !

Apt: 1-8, 10-20
Deerfield Beach, FL

Listing

Web ID:5731164
Website:https://www.nestseekers.com/5731164

Property

Ownership: For Sale
Type: Multi-Family
Lot Size: 0.7 Acres

Financials

Price:$16,500,000
Annual Taxes:$83,061.68

Description

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!
Virtual Tour: https://www.propertypanorama.com/2060-NE-1st-Street-Unit-18-1020-Deerfield-Beach-FL/unbranded

Amenities

  • Electricity Available
  • Water Available

Location

Deerfield Beach FL USA

Contact

Palm Beach, FL
Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Phone: +1 561-725-9229
deborahg@nestseekers.com
Listing Courtesy of LoKation
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