Active
1231 Hillsboro Mile
Hillsboro Beach FL, 33062
$12,000,000
$188.99 per sqft
Active
63,497 sqft
Commercial
Built in 1957
A new opportunity for investors and developers looking to acquire a prime oceanfront building. The existing 30 unit building offers high income producing opportunities with 201' of direct ocean frontage, a private pool, private beach access, and is only an 8 minute walk to the Deerfield Beach pier, restaurants and shops. There is also potential for redevelopment or renovation of the existing building. A land lease with a 33-year term remaining is in place at $12,000 per year. This is the only prime oceanfront location available for new or redevelopment in the area. The possibilities are limitless.
F10340064
MLSⓇ ID
July 22, 2022
Listed
February 16, 2024
Updated
Map
1231 Hillsboro Mile
Hillsboro Beach FL, 33062
Interior Features
Total Stories
2
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
1.46 Acres
Sewer
Other
Other Property Details
Area Name
3112
Taxes
$74,142
Tax Frequency
Annually
Days on Market
570
Garage
No
Parking Total
38
View
No
County
Broward County
Water Source
Public
Pool
No
Waterfront
Yes
Buyer Agency Compensation
2%
Listing History
Date | Event | Price |
|---|---|---|
12/20/2023 | Active | — |
8/3/2023 | Pending | — |
7/13/2023 | Active | — |
6/22/2023 | Under Contract | — |
Listed by: Beautiful Homes Realty Inc
Listing Contact: (954) 254-2087
All listings featuring the BMLS logo are provided by Association of Palm Beaches. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.
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Data last updated 4:34 AM UTC, 2/16/2024
