2060 NE 1st Street # 20, Deerfield Beach FL 33441

$16,500,000

Description

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 & 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 Royal Blues Hotel Relais & Chateaux where rooms rent for more than $600/night during season! This Iconic Oceanfront property is just 1 block from Boca Raton & 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 & secluded street which no other beachfront property has. Currently there is an existing 19 units you can rent for $700,000+/year gross income!

Listing courtesy of David Michael Pantoja, LoKation · Updated 9/5/2026