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+8 photosLuxury home — 120 S Ocean Drive · Deerfield Beach · Deerfield Beach













$3,495,000
120 S Ocean Drive, Deerfield Beach, FL 33441
Deerfield Beach, FL, 33441
— bd · 0 ba · — sqft
Listed by Exit Realty Premier Elite
120 S Ocean Drive, Deerfield Beach, FL 33441
Listed by Exit Realty Premier Elite
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Know your costs before you buy
Work through the cash needed at closing, including property taxes.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
About this home
Find similar homesPrime 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.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
559 days on market
Longer time on market usually means the seller is more open to negotiating on price and terms.
Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.
Property Details
Your costs (est.)
120 S Ocean Drive, Deerfield Beach, FL 33441 · Deerfield Beach
Location
120 S Ocean Drive, Deerfield Beach, FL 33441
What buyers ask about this home
What are the estimated monthly carrying costs at 120 S Ocean Drive, Deerfield Beach, FL 33441?+
Property tax (after sale): $3,398/month est. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 120 S Ocean Drive, Deerfield Beach, FL 33441?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 120 S Ocean Drive, Deerfield Beach, FL 33441 need flood insurance, and what drives the premium?+
Most of Deerfield Beach sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 120 S Ocean Drive, Deerfield Beach, FL 33441?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type, and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
Is there room to negotiate on 120 S Ocean Drive, Deerfield Beach, FL 33441?+
This listing has been on the market 559 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Located in Deerfield Beach, this property offers the South Florida lifestyle — warm-weather living year-round with easy access to the Atlantic coast, A-rated schools, and major business centers.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Deerfield Beach Elementary School
Elementary · 1.2 mi from this home · 650 Ne 1St St, Deerfield Beach
Deerfield Beach Middle School
Middle school · 1.3 mi from this home · 701 Se 6Th Ave, Deerfield Beach
Deerfield Beach High School
High school · 2.7 mi from this home · 910 Sw 15Th St, Deerfield Beach
Zone boundaries published by Broward County Public Schools.
Other options for this address
Highlands Christian Academy
Pre-K & Kindergarten · Private · Christian · Grades PK–12 · Pompano Beach
Boca Raton Christian School
Pre-K & Kindergarten · Private · Christian · Grades PK–12 · Boca Raton
Angels Christian Academy Of Pompano Beach
Pre-K & Kindergarten · Private · Christian · Grades K–12 · Pompano Beach
Bethlehem Christian Academy
Pre-K & Kindergarten · Private · Christian · Grades 2–12 · Lighthouse Point
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.

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