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Oceanfront 19-Unit Apartment Building
For Sale
$16,500,000

2060 NE 1st Street, Deerfield Beach, FL

Commercial Sale, Deerfield Beach, FL

Property Size9,589 SF
Lot Size0.69 Acres
Price / SF$1,720
Days on Market40

Property Features for 2060 NE 1st Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Hotel, Condos,
Parking 19
Subdivision 3111
Standard status Active
APN 484305bg0010through200excluding90
Size 9,589 SF
Lot size 0.69 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description SEA ESTA CONDO UNITS 1-8 & 10-20 PER CDO BK/PG: 7640/800
Tax Annual Amount 83062
Legal Description SEA ESTA CONDO UNITS 1-8 & 10-20 PER CDO BK/PG: 7640/800

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air, Window Unit(s), Wall/Window Unit(s)
Water source Public

Building Details

Year built 1961
Floors in Building 2
Number of units 19
Building materials CBS
Roof type Tile
Listing Agency: LoKation
Listed By: David Michael Pantoja PA · License #3148477
Added: Aug 23 Changed: Oct 1 Last Checked: Oct 1 at 6:06PM
MLS# B26067521

Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 19-unit apartment property contains 9,589 square feet on a 0.69-acre parcel. Built in 1961, the building has CBS construction, a tile roof, central heating, and access to public water and sewer. Hotel and condominium uses are listed in the zoning information. The existing apartments can be rented ahead of future development, as described in the property information.

The property is oceanfront in Deerfield Beach, near Deerfield Beach Pier, the boardwalk, and JB’s on the Beach and Oceans 234 restaurants. It is next to the Wyndham Hotel and Royal Blues Hotel and approximately half a block from Boca Raton.

Key Highlights

  • Existing 19‑unit apartment building with 9,589 square feet
  • 0.69‑acre oceanfront property in Deerfield Beach
  • Zoning information lists hotel and condominium uses

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Law Firm Auto Repair Shop Auto Parts Store Garden Center Daycare Center Furniture & Home Goods

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

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

762
Businesses Nearby
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - The existing rental property is zoned for hotel and condominium uses.
Where is this apartment building located?
The property is located at 2060 NE 1st Street Deerfield Beach, FL.
What is the asking price?
The asking price for this property is $16,500,000.
What are key features of this property?
This property features: Existing 19‑unit apartment building with 9,589 square feet; 0.69‑acre oceanfront property in Deerfield Beach; Zoning information lists hotel and condominium uses
More about this property
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