$16,500,000
Deerfield Beach, FL
MLS# B26067521
9589 sqft
1 / 39
Property Description
Make $848,750+/year on these existing Remodeled "19 OCEANFRONT VACATION RENTALS/CONDOS" or you can Build a 5 Story "OCEANFRONT 26 UNITS LUXURY HOTEL with 60,000 SQUARE FEET" overlooking Boca Raton & Deerfield Beach Pier!!! You can even build Luxury Condominiums! There is no other Oceanfront property in Deerfield Beach this Big & just feet from the Beach, Deerfield Beach Pier, JB's on the Beach, & the Deerfield Beach Boardwalk. Located next door to the "WYNDHAM HOTEL & ROYAL BLUES HOTEL RELAIS & CHATEAUX" where rooms rent for $600-$1,200/night! This 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 Oceanfront property is on a quiet street in front of the Ocean! ONCE IN A LIFETIME OPPORTUNITY
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2026-08-23
Status: Active
Original List Price: 16500000
List Price: $16,500,000
Current Price: $16,500,000
Negotiable Seller Concessions YN: No
Listing Service: Full Service
Location and Legal
Country: United States
County Or Parish: Broward
Street Number: 2060
Street Direction Prefix: NE
Street Name: 1st
Street Suffix: Street
Unit Number: 1-8, 10-20
State Or Province: FL
Postal Code: 33441
Area: 3111
Geographic Area: NBEA - North Broward Ocean To Intracoastal (3111-3121)
Parcel Number: 484305bg0010through200excluding90
Zoning: Multi-Family
General Property Information
Number Of Buildings: 3
Property Sub Type: Multi Family
Number Of Units Total: 19
Building Area Main: 9589
Building Area Source: Public Records
Year Built: 1961
Parking Total: 19
Lot Size Area: 30000
Lot Size Acres: 0.69
Accessibility Features YN: No
Stories Total: 2
Stories: 2
Meter Information
Separate Electric Meters YN: Yes
Number Of Separate Electric Meters: 19
Separate Gas Meters YN: No
Separate Water Meters YN: No
Income and Expenses
Gross Income: 848750
Maintenance Expense: 12000
Net Operating Income: 753688.32
Real Estate Taxes: 83061.68
Financial Information
Tax Annual Amount: 83061.68
Tax Year: 2025
Tax Legal Description: SEA ESTA CONDO UNITS 1-8 & 10-20 PER CDO BK/PG: 7640/800
Status Change Information
Major Change Timestamp: 2026-08-23T17:34:25Z
Major Change Type: New Listing
Status Change Date: 2026-08-23
Originating Details
Originating System Key: 20260823000018846318000000
Originating System ID: M00000170
Property Features
Documents Available: Aerial Photo(s)
Electric: Other
Heating: Central Individual; Window/Wall
Possession: Close Of Escrow
Property Condition: Resale
Special Listing Conditions: Standard
Source Of Expenses: Pro Forma
Construction Materials: CBS
Cooling: Central Individual; Wall/Window Unit(s)
Listing Terms: Cash; Conventional
Roof: Tile
Security Features: None
Sewer: Public Sewer
Utilities: Electricity Available; Water Available
Water Source: Public
Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent; Listing Agent Must Accompany; Text Listing Agent
Acreage Description: 1/2 To Less Than 1 Acre Lot; Less Than 1 Acre Lot
Listing Office: LoKation
Last Updated: October - 26 - 2026
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