MLS® FX-10499371

Status Active

$2,550,000

Features

$2,550,000

Price

1953

Year Built

Residence

Property type

Hotel-Motel

Sub-type

Property description

One of a kind location to build up to 55 ft providing direct ocean views. RM 25 zoning. 3/4 acre lot. A1A and Hillsboro Blvd provide thousands of cars passing by this landmark location with local traffic from Millionaire Mile and Boca Raton. 14 units with office. 13 studio units and 1 2 bedroom unit. All units have kitchens and closets. If you look around you will find plenty of high end developments surrounding The Royal Palm Hotel. Hotels nearby asking $600-$700/night. Plenty of walkability taking you to Oceans 234, Billabong, Island Water Sports, Kilwin's, Patio Bar Happy Hour, Embassy Suites, Kahuna's and the boardwalk on Deerfield Beach. Fantastic exposure and opportunity to build in an area that calls for luxury.One of a kind location to build up to 55 ft providing direct ocean views. RM 25 zoning. 3/4 acre lot. A1A and Hillsboro Blvd provide thousands of cars passing by this landmark location with local traffic from Millionaire Mile and Boca Raton. 14 units with office. 13 studio units and 1 2 bedroom unit. All units have kitchens and closets. If you look around you will find plenty of high end developments surrounding The Royal Palm Hotel. Hotels nearby asking $600-$700/night. Plenty of walkability taking you to Oceans 234, Billabong, Island Water Sports, Kilwin's, Patio Bar Happy Hour, Embassy Suites, Kahuna's and the boardwalk on Deerfield Beach. Fantastic exposure and opportunity to build in an area that calls for luxury.

Listing Courtesy of Mari Juliette Real Estate

Additional Info

  • Yearly Real Estate Tax $31,292
  • Original listing price $2,550,000
  • Year Built 1953
  • Furnished ********
  • Equip / Appl included Building and Land

Community Info

  1. Area Broward
  2. City Deerfield Beach
  3. Elementary school ********
  4. Middle school ********
  5. High school ********

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