Active multifamily SALE

2060 Ne 1st Street 1-8, Deerfield Beach, Florida None

Deerfield Beach, FL

$16,500,000

1 / 36

Property Details

MLS# B26067521

Type Multifamily

Year Built 1961

Tax Amount $83,061

Property 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!

Amenities

2 Stories

Built 1961

Cooling: Central Air, Wall/Window Unit(s)

Heating: Central, Individual, Wall Furnace

Payment Calculator

$0.00 per month

30 Year Fixed, 6.59% Interest

Principal & Interest

$0.00

Property Tax

$0.00

Mortgage Insurance

$0.00

HOA

$0.00

Home Owners Insurance

$0.00

Home Price

Interest Rate

Down Payment

Property Location

Listing Office: Lo Kation

Listing Agent: David Pantoja PA

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