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1231 Hillsboro Mile, Hillsboro Beach, Florida 33062

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Active For Sale
$12,000,000
  • Beds 0
  • Baths 0
  • Sq Ft 0 Sqft
  • Visits: 5 in 773 days

Description

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.

Features

  • Swimming Pool: No
  • Heating System: Central Building A/c
  • Cooling System: No
  • Pet Policy: No
  • Security: No
  • Parking: No
  • Furnished: No

Appliances

  • Appliances: No

Address Map

  • Country: US
  • State: FL
  • County: Broward
  • City: Hillsboro Beach
  • Zipcode: 33062
  • Street: Hillsboro Mile
  • Street Number: 1231
  • Floor Number: 0
  • Longitude: W81° 55′ 20.9”
  • Latitude: N26° 18′ 15.8”
  • Directions: Drive south on A1A to Hillsboro Beach and the property is located on the left side
  • MLS Area: 3112

MLS Addon

  • Architectural Style: No
  • Association Amenities: No
  • Association Fee: $0
  • Close Price: $0
  • Exterior Features: No
  • Flooring: No
  • Garage Spaces: 0
  • Insurance Expense: $0
  • Interior Features: No
  • Laundry Features: No
  • Lot Features: No
  • New Taxes Expense: $0
  • Road Frontage Type
  • Spa Features
  • Stories Total: 0
  • Tax Annual Amount: $74,142
  • Tax Year: 2021
  • Units Furnished: No
  • Utilities: No
  • Water Front Features: No
  • Window Features: No

Location

Listing Updated: 2024-08-29 21:11:32

  • Property Type : Commercial/industrial
  • Property Sub Type : Income/multi-family
  • Listing Type : For Sale
  • Listing ID : F10340064
  • Price : $12,000,000
  • View : Garden View
  • Bedrooms : 0
  • Bathrooms : 0
  • Full Bathrooms : 0
  • Half Bathrooms : 0
  • Square Footage : 0 Sqft
  • Year Built : 1957
  • Lot Area : 1.46 Acre
  • Listing Status : Active
  • Days On Market : 772
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