2060 NE 1st Street, Unit 1
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!
Broker Details
LoKation Real Estate (954) 545-5583
MLS ID: 20015339 State License Number: 3148477
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $16,500,000 |
| No. of Units: | 19 |
| Year Built: | 1961 |
| Lot Size: | 9,589.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $868,421 |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-RMLSFL-B26067521
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