1231 Hillsboro Mile, Hillsboro Beach, FL

$12,000,000

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63,500

Square feet

1.46

Acres

About 1231 Hillsboro Mile

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 of 1231 Hillsboro Mile

MLS® # F10340064
Price $12,000,000
Bathrooms 0.00
Square Footage 63,500
Acres 1.46
Year Built 1957
Type Commercial
Status Active-Available

Community Information

Address 1231 Hillsboro Mile
City Hillsboro Beach
County Broward County
State FL
Zip Code 33062-1329

Amenities

Parking Spaces 38
Is Waterfront Yes
Has Pool No

Interior

Heating Central Building A/C
Fireplace No
# of Stories 2
Stories 2

Additional Information

Days on Market 727
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeBeautiful Homes Realty Inc

Listing Map

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