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Homes for sale in Deerfield Beach
Multi Family

2060 NE 1st Street # 20

Deerfield Beach, FL 33441
$16,500,000
Year built
1961

Listing courtesy of David Michael Pantoja, LoKation

About this home

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!

Details

Property

Type
Multi Family
Year built
1961
Stories
2
Lot size
30,000 sq ft
County
Broward County

Interior

Cooling
Central Individual A/C, Wall/Window Unit(s)
Heating
Central Individual A/C, Window/Wall

Exterior and parking

Construction
CBS Construction
Roof
Tile, Tile Roof

Community and fees

Security
No Fire Protection, No Security
Annual taxes
$83,061
Terms
All Cash, Conventional

Neighborhood

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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.

Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated October 2, 2026.