120 S Ocean Drive, Deerfield Beach FL 33441, DEERFIELD BEACH, FL, 33441
Active480 days on marketListed Apr 21, 2025MLS #R11083440
About this home
120 S Ocean Drive, Deerfield Beach FL 33441
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.
Facts & features
The home at a glance
0.3214 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$21,268 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$21,268/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Deerfield Beach Island
Get to know Deerfield Beach. See the full Deerfield Beach guide →
Deerfield Beach Island — neighborhood snapshot
Population
2,274
Median age
62
Median income
$61,239
Median home value
$530,950
Avg household
2
Households w/ children
47%
For the school run
Broward County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Deerfield Beach market
$557K → $360K
Deerfield Beach median sold, yr/yr
95.9%
Sale-to-list ratio (12 mo)
Median sold price, Deerfield Beach, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 1897% above the DEERFIELD BEACH 33441 median. See the full Deerfield Beach market guide →
Paper trail
This home's history
Reality check
What actually sold near 120 S Ocean Drive
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$220,000
1428 SE 4th Ave # H265, Deerfield Beach FL 33441 · same community
2 bd · 2 ba · 1,000 sqft · $220/sqft · 23 DOM
Sold · Sep ’25$1,230,000
1940 NE 2nd Street, Deerfield Beach FL 33441 · same community
3 bd · 1 ba · 1,000 sqft · $1,230/sqft · 28 DOM
Sold · Mar ’26$250,000
664 SE 20th Ave # 6, Deerfield Beach FL 33441
1 bd · 1 ba · 360 sqft · $694/sqft · 36 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 120 S Ocean Drive — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 120 S Ocean Drive — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
120 S Ocean Drive FAQs
What would the monthly payment be for 120 S Ocean Drive, Deerfield Beach FL 33441?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $21,268/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 120 S Ocean Drive, Deerfield Beach FL 33441?+
The most recent tax bill on record (2024) was $11,265. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Deerfield Beach?+
At $3,495,000, this home is listed about 1605% above the Deerfield Beach median of $205,000. The market section on this page shows how the area is trending.
Which schools are assigned to 120 S Ocean Drive, Deerfield Beach FL 33441?+
Deerfield Beach Elementary School (elementary), Deerfield Beach Middle School (middle), Deerfield Beach High School (high) — Broward County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$3,495,000 runs 1897% above the DEERFIELD BEACH 33441 median.
02Intracoastal View & Ocean & Direct Ocean & Ocean View views
The intracoastal view and ocean and direct ocean and ocean view view is part of what you're buying — views hold value independently of the structure.
03Time on market is leverage
480 days on market against a Deerfield Beach median of 76 — sellers in this position are usually ready to negotiate.
Keep looking
Similar homes nearby
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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