Oceans 735
735 SE 20th Ave, Deerfield Beach, FL, 33441
$7,900,000
Price
16698
Building SF
28
Total Rooms
$282,142
Price Per Key
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$7,900,000
Price
16698
Building SF
28
Total Rooms
$282,142
Price Per Key
Investment Summary – Boutique Hotel Opportunity
Oceans 735 offers boutique hotel investors a rare opportunity to acquire a coastal hospitality asset in one of South Florida’s most desirable beachfront locations. Just one block from the Atlantic Ocean and a short stroll to the lively Deerfield Beach Boardwalk and Pier, this 28-room hotel sits on nearly an acre of land and is ideally positioned for brand elevation, operational enhancement, or physical expansion. With strong in-place fundamentals and exceptional location-driven demand, Oceans 735 represents a turnkey investment with considerable upside.
Investment Highlights
Coastal Boutique Hotel in Prime Location: Steps from the beach and just a short walk to the Deerfield Beach Boardwalk, Pier, and numerous waterfront restaurants—providing guests with a top-tier leisure experience and owners with consistent seasonal and weekend demand.
Expansion-Ready Parcel: With a total land size of 42,253 SF (.97 acres) and C1 zoning, the property offers a rare ability to expand operations. Hospitality owners can explore increasing room count, adding rooftop amenities, spa services, event space, or food & beverage outlets to elevate the guest experience and drive higher ADRs.
Flexible Zoning for Hospitality Enhancements: The property's C1 commercial zoning allows a wide range of hospitality improvements without the need for a full redevelopment. Multiple ingress/egress points and a 1:1 parking ratio provide operational flexibility for increased capacity.
Strong Local Demand Drivers: The surrounding Deerfield Beach submarket is a top destination for domestic and international travelers, bolstered by affluent residential demographics and limited hotel inventory. Within 3 miles, the average household income exceeds $138,000, supporting premium ADRs and year-round occupancy.
Attractive Basis with Future Upside: Offered at $7,900,000 ($282,142 per key / $473.11 PSF), the pricing supports both existing income and long-term value growth via repositioning and amenity enhancements.
Property Overview
Building Size: 16,698 SF
Land Area: 42,253 SF (0.97 acres)
Zoning: C1 – Commercial
Parking: 28 Spaces (1:1 Ratio)
Year Built: 1982
Unmatched Beachside Positioning in the Heart of Deerfield Beach
Oceans 735 is located at 735 SE 20th Avenue, in the vibrant and highly walkable beachfront district of Deerfield Beach, Florida. Nestled just one block from the Atlantic Ocean, this irreplaceable site is within immediate proximity to the Deerfield Beach Boardwalk, International Fishing Pier, beachfront restaurants, cafés, and boutique retail—making it a sought-after destination for both domestic and international travelers.
This location benefits from year-round tourism, strong seasonality, and a growing base of affluent residents seeking coastal lifestyle accommodations. The area’s blend of beach access, walkability, and vibrant energy presents an ideal setting for a boutique hotel operation.
Key Location Features
1 Block from the Ocean – Guests can walk to the beach in minutes.
0.5 Miles to Deerfield Beach Pier – A local landmark attracting fishing enthusiasts, tourists, and daily foot traffic.
Walkable to the Boardwalk & Restaurants – Surrounded by popular dining and nightlife spots like JB’s on the Beach, Oceans 234, and The Whale’s Rib.
10 Minutes to Boca Raton – A quick drive to Mizner Park, Royal Palm Place, and Boca’s business district.
30 Minutes to Fort Lauderdale International Airport – Easy access for national and international travelers.
Affluent Coastal Community – Within a 3-mile radius, average household income exceeds $138,000 and supports premium ADR performance.
Nearby Demand Drivers
Deerfield Beach Resort Corridor – Limited inventory and high barriers to entry.
Broward County Tourism – A top Florida destination with millions of annual visitors.
Growing Year-Round Residential Base – Strong local demographics and household income profiles boost off-season bookings.
Proximity to Major Employers – Including JM Family Enterprises and corporate offices in both Deerfield Beach and Boca Raton.
Largest Employers
JM Family Enterprises, Inc.
All Star Healthcare Solutions
Roig Lawyers
FHE Health
Coastal Construction
Legacy Research Group
Synergistix
HOERBIGER America Holding, Inc.
FOR MORE DETAILS CONTACT
Stephen Molinari
Investment Specialist
(561) 305-6161
stephen@molinaricommercial.com
SL3530706
Anthony Conners
Investment Sales Specialist
(941) 258-2499
Anthony@AtlanticCommercialAdvisors.com
3334618
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