- beds
- —
- baths
- 0
- sq ft
- 9,589
- Built
- 1961
2060 NE 1st Street #1-8, 10-20
Deerfield Beach, FL
About this home
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!
Listing last checked: Listing updated:
Listed by David Michael Pantoja PA · LoKation · MLS #B26067521
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Details at a glance
Interior2 property facts
- Heating
- Central, Wall Furnace
- Cooling
- Central Air, Wall/Window Unit(s)
Building4 property facts
- Style
- Multi Family
- Year built
- 1961
- Parking
- 19
- Roof
- Tile
Land & utilities4 property facts
- Lot size
- 0.69 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- Hotel, Condos,
Financial2 property facts
- Annual taxes
- $83,062
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $16,500,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$90,355 / monthAdjust
- Principal & interest
- $83,433
- Property tax
- $6,922
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $83,062. 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.
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About 2060 NE 1st Street #1-8, 10-20
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