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2060 NE 1st St
Deerfield Beach, FL 33441
Sea Esta · Multifamily Property For Sale · 19 Units

Investment Highlights

  • Huge Oceanfront Property that you can Develop!
  • This is a Once in a Lifetime to buy the only Big Oceanfront Property that can be developed Vertically!
  • Develop this Oceanfront property into a Hotel, Luxury Condominiums, Condotel, or many more possibilities!

Executive Summary

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 and just feet from the Beach, Deerfield Beach Pier, JB's on the Beach and Oceans 234 restaurants, and the Deerfield Beach Boardwalk. Located next door to the Royal Blues Hotel Relais & Chateaux where the rooms rent for more than $600/night during season! This Iconic Oceanfront property is also just 1 block from Boca Raton and 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 and secluded street which no other beachfront property has. Also rent the currently existing 19 units prior to developing the property for $700,000+/year gross income!

Property Facts

Price Per Unit $868,421
Sale Type Investment
No. Units 19
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Apartments
Apartment Style Low-Rise
Building Class C
Lot Size 0.69 AC
Building Size 9,589 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1961/2024
Zoning RML - Rezone this Oceanfront property to develop it into a Hotel, Luxury Oceanfront Condominiums, a Condotel, or many more possibilities!

Amenities

Site Amenities

  • Pool
  • Listing ID: 41855541

  • Date on Market: 8/23/2026

  • Last Updated:

  • Address: 2060 NE 1st St, Deerfield Beach, FL 33441

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