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Zoned Multifamily Development Land
For Sale
$3,495,000

120 S Ocean Drive, Deerfield Beach, FL 33441

Vacant land zoned RM-25 for multifamily development up to 25 units per acre.

Property SizeContact for details
Days on Market44

Property Features for 120 S Ocean Drive

General Information

Standard status Active
Property subtype Land
Zoning RM-25

Taxes and HOA fees

Annual Taxes $11,266
Listing Agency: Exit Realty Premier Elite
Listed By: Biagio J Como · License #3341745
Source: Laerrealty
Added: Jul 4 Changed: Aug 8 Last Checked: Jul 4 at 6:49PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Exit Realty Premier Elite

Investment Insights

Based on property information with market context.

This is a vacant development site with a zoning designation of RM-25, positioned for multifamily residential development at up to 25 units per acre. The property is presented as a land opportunity suitable for a range of residential concepts, including luxury condos, townhomes, or rental apartments, depending on the buyer’s development plan.

Located at 120 S Ocean Drive in Deerfield Beach, the site is described as being just steps from the beach within a coastal market setting. The remarks also note proximity to dining and shopping in the area and walking-distance access to the beach.

For developers and owner-users, the RM-25 zoning provides a clear path to multifamily residential design within the stated density parameters. The site’s near-beach setting and pedestrian-friendly access to local retail and dining may support planning for residential product that aligns with a coastal live-and-play lifestyle. Prospective buyers should verify all development requirements and feasibility through their permitting process based on their intended use and layout.

Key Highlights

  • Vacant land at 120 S Ocean Drive, Deerfield Beach, FL 33441
  • Zoned RM‑25 for multifamily residential development
  • Permits up to 25 units per acre

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Daycare Center Garden Center (Bike/Boat/Book/etc) Store Furniture & Home Goods Butcher Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

762
Businesses Nearby

Demographics for 33441, FL

29,311
Population
15,225
Households
1.9
Avg Household Size
43
Median Age
28%
College-Educated
88%
High-School Grad
4.8 sq mi
ZIP Area
6,106
Density / Sq Mi
$57,257
Median Household Income
$35,163
Median Earnings
$1,544
Median Rent
$381,700
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Vacant land zoned RM-25 for multifamily development up to 25 units per acre.
Where is this residential land & home lot located?
The property is located at 120 S Ocean Drive Deerfield Beach, FL.
What is the asking price?
The asking price for this property is $3,495,000.
What are key features of this property?
This property features: Vacant land at 120 S Ocean Drive, Deerfield Beach, FL 33441; Zoned RM‑25 for multifamily residential development; Permits up to 25 units per acre
More about this property
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