Sold Aug 12, 2026
$3,325,000About this home
Prime Development Opportunity - RM-25 Zoning! Exceptional vacant land located at 120 S Ocean Drive, Deerfield Beach, FL 33441, just steps from the beach. Zoned RM-25, this rare offering allows for multifamily residential development with up to 25 units per acre. Positioned in a thriving coastal market, this site is ideal for luxury condos, townhomes, rental apartments or BUILD A BEAUTIFUL HOME! Walking distance to dining, shopping, and Deerfield's award-winning beach. A premier opportunity for developers or owner user seeking to capitalize on one of South Florida's most desirable coastal corridors.
Listing last checked: Listing updated:
Listed by Biagio J Como · Exit Realty Premier Elite · MLS #R11083440
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Details at a glance
Building1 property facts
- Style
- Unimproved Land
Land & utilities2 property facts
- Lot size
- 0.32 acres
- Zoning
- RM-25
Financial2 property facts
- Annual taxes
- $11,266
- Assessment year
- 2024
Location
Estimated monthly cost
Explore costs at the $3,495,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$18,611 / monthAdjust
- Principal & interest
- $17,673
- Property tax
- $939
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $11,266. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
More property insights
Comparable properties 3 supplied
Sold Jul 13, 2026
$3,250,000333 Murray Road
Sold Aug 13, 2026
$3,500,0006375 SW 125th Avenue
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About 120 S Ocean Drive
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