Nest Seekers

Largest Oceanfront property ready to be developed into a Hotel, Luxury Oceanfront Condominiums, a Condotel, or many more possibilities !

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

Largest Oceanfront property ready to be developed into a Hotel, Luxury Oceanfront Condominiums, a Condotel, or many more possibilities! 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 Royal Blues Hotel Relais & Chateaux where rooms rent for more than $600/night during season! This Iconic Oceanfront property is just 1 block from Boca Raton & down the street from the Rosewood Residences with condominium units selling from $6,000,000-$17,000,000+! This exclusive property is on a quiet & secluded street which no other beachfront property has. Currently there is an existing 19 units you can rent for $700,000+/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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