2060 NE 1st Street Unit 1-8, 10-20, Deerfield Beach, FL Not Provided

$16,500,000

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List Price
$16,500,000
Status
ACTIVE
Days on Market
24
MLS#
B26067521
Subtype
Commercial Sale
Year Built
1961
Acres
0.69
Neighborhood
NBEA - North Broward Ocean To Intracoastal (3111-3121)
MLS Area Major
3111

Property 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!

Additional Information

Taxes
$83,061
Heating
Central, Individual, Wall Furnace
Air Conditioning
Central Air, Wall/Window Unit(s)
Exterior Construction
Block
Stories
2
Levels
Two
Roof
Tile

Listing courtesy of LoKation. Contact:

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Agent: David Michael Pantoja PA | Email: davidmpan2002@yahoo.com