Hillsboro Beach, FL 33062 1231 Hillsboro Mile
$12,000,000
18 more
Presented By: Beautiful Homes Realty Inc
Home Details
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.
Presented By: Beautiful Homes Realty Inc
Interior Features for 1231 Hillsboro Mile
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
Heating Y/NYes
Total Stories2
General for 1231 Hillsboro Mile
Business TypeOther
CityHillsboro Beach
CoolingCentralAir
CountyBroward
DirectionsDrive south on A1A to Hillsboro Beach and the property is located on the left side
HeatingCentral
Legal Description8-48-43 ALL THAT POR OF THE S 200 OF THE N 500 OF GOV LOT 1 LYING E OF ELY R/W//L OF STATE RD A1A AKA:UNDERLYING LAND FOR RAINBOW OCEANSHORE
MLS Area3112
New ConstructionNo
Number Of Units Total30
PostalCityHillsboro Beach
Property ConditionResale
Property Sub Type AdditionalMultiFamily
Property SubtypeMultiFamily
Property TypeCommercialSale
Standard StatusActive
StatusActive
Tax Annual Amount74142
Tax Year2021
UtilitiesSewerAvailable
Virtual TourClick here
Year Built1957
Exterior for 1231 Hillsboro Mile
Lot Size Acres1.46
Lot Size Area63500
Total Parking38
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Niky E Nammur
Realtor
