Prime Development Opportunity - RM-25 Zoning! Exceptional vacant land located at 120 S Ocean Drive, Deerfield Beach, FL 33441, just steps from the beach. Zoned RM-25, this rare offering allows for multifamily residential development with up to 25 units per acre. Positioned in a thriving coastal market, this site is ideal for luxury condos, townhomes, rental apartments or BUILD A BEAUTIFUL HOME! Walking distance to dining, shopping, and Deerfield's award-winning beach. A premier opportunity for developers or owner user seeking to capitalize on one of South Florida's most desirable coastal corridors.
Lot/land
Est. $3,495,000
120 S Ocean Drive, Deerfield Beach, FL 33441
--beds
--baths
0.32Acres
Unimproved Land
Built in ----
0.32 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
Overview
- 289 days |
- 346 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Biagio J Como 561-207-1886,
Exit Realty Premier Elite
Source: BeachesMLS,MLS#: R11083440
Originating MLS: BeachesMLS
Facts & features
Interior
Video & virtual tour
Property
Features
- Has view: Yes
- View description: City, Intercoastal, Ocean
- Has water view: Yes
- Water view: Intercoastal,Ocean
Lot
- Size: 0.32 Acres
- Features: Cleared, City Lot, Other, Rural Lot, 1/4 to 1/2 Acre Lot
- Residential vegetation: Grassed, Other
Details
- Parcel number: 484305041170
- Zoning: RM-25
- Special conditions: In Foreclosure
Utilities & green energy
- Electric: 3 Phase
- Utilities for property: Electricity Available, Other
Community & HOA
Community
- Subdivision: DEERFIELD BEACH
HOA
- Has HOA: No
Location
- Region: Deerfield Beach
Financial & listing details
- Tax assessed value: $2,100,000
- Annual tax amount: $11,265
- Date on market: 10/28/2025
- Cumulative days on market: 473 days
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Foreclosure details
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$2,654/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/21/2025 | Listed for sale | $3,495,000-0.1% |
Source: | ||
| 12/14/2018 | Listing removed | $3,500,000 |
Source: Balistreri Realty Inc #RX-10411991 Report a problem | ||
| 8/13/2018 | Price change | $3,500,000-10.3% |
Source: Balistreri Realty Inc #RX-10411991 Report a problem | ||
| 4/11/2018 | Listed for sale | $3,900,000+680% |
Source: Balistreri Realty Inc #RX-10411991 Report a problem | ||
| 4/14/2017 | Sold | $500,000+33.3% |
Source: Public Record Report a problem | ||
| 3/30/2016 | Sold | $375,000+240.9% |
Source: Public Record Report a problem | ||
| 6/1/1989 | Sold | $110,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $18,018 +59.9% | $316,380 +10% |
| 2024 | $11,266 +1.4% | $287,620 +10% |
| 2023 | $11,113 -26.4% | $261,480 -62.1% |
| 2022 | $15,103 +13% | $689,110 +10% |
| 2021 | $13,362 +6.3% | $626,470 +6.5% |
| 2020 | $12,569 +0.6% | $588,390 +1.3% |
| 2019 | $12,493 | $580,980 +3.1% |
| 2018 | $12,493 +4.7% | $563,250 +3% |
| 2017 | $11,929 +1.4% | $546,610 +120.4% |
| 2016 | $11,760 +111.9% | $248,050 +10% |
| 2015 | $5,550 +5.3% | $225,500 +1.6% |
| 2014 | $5,270 | $222,050 +10% |
| 2013 | $5,270 +16.8% | $201,870 |
| 2012 | $4,510 -18.2% | $201,870 -18.7% |
| 2011 | $5,512 -0.4% | $248,350 +6% |
| 2010 | $5,535 -12.6% | $234,350 -19.2% |
| 2009 | $6,333 -22.4% | $290,160 -25% |
| 2008 | $8,164 | $386,690 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 33441
Nearby schools
GreatSchools rating
- 3/10Deerfield Beach Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 3/10Deerfield Beach Middle SchoolGrades: 6-8Distance: 1.3 mi
- 4/10Deerfield Beach High SchoolGrades: 9-12Distance: 2.8 mi
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