Make $848,750+/year on these existing Remodeled "19 OCEANFRONT VACATION RENTALS/CONDOS" or you can Build a 5 Story "OCEANFRONT 26 UNITS LUXURY HOTEL with 60,000 SQUARE FEET" overlooking Boca Raton & Deerfield Beach Pier!!! You can even build Luxury Condominiums! There is no other Oceanfront property in Deerfield Beach this Big… Read More & just feet from the Beach, Deerfield Beach Pier, JB's on the Beach, & the Deerfield Beach Boardwalk. Located next door to the "WYNDHAM HOTEL & ROYAL BLUES HOTEL RELAIS & CHATEAUX" where rooms rent for $600-$1,200/night! This 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 Oceanfront property is on a quiet street in front of the Ocean! ONCE IN A LIFETIME OPPORTUNITY Read Less
Courtesy of LoKation 954-545-5583
Listing Snapshot
Days Online
78
Last Updated
Property Type
Multi Family
Square Ft.
9,589
Lot Size
0.69 Acres
Year Built
1961
MLS Number
B26067521
Additional Details
Building
Built in 1961, 3 buildings, 2 stories, Construction Materials: CBS
Cooling
Central Individual, Wall/Window Unit(s)
Expenses
Maintenance: $12,000
Heating
Central Individual, Window/Wall
Income
Gross Income: $848,750, Net Operating Income: $753,688
Lot
0.69 acres
Parking
19 total parking spaces
Property
Resale
Roof
Tile
Security Features
None
Sewer
Public Sewer
Taxes
Parcel Number: 484305bg0010through200excluding90, Annual Amount: $83,061.7, Legal Description: SEA ESTA CONDO UNITS 1-8 & 10-20 PER CDO BK/PG: 7640/800, Year: 2025, Zoning: Multi-Family
Utilities
Electricity Available, Water Available, Water Source: Public, 19 separate electric meters
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