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
General for 1231 Hillsboro Mile
Association AmenitiesBeachAccess
Business TypeCommercial, Other
CityHillsboro Beach
CountyBroward
DirectionsDrive south on A1A to Hillsboro Beach and the property is located on the left side
ElectricOther
Insurance Expense49712
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
PostalCityHillsboro Beach
Property TypeBusinessOpportunity
Standard StatusActive
StatusActive
Tax Annual Amount74142
Tax Year2021
Virtual TourClick here
Year Built1957
Exterior for 1231 Hillsboro Mile
Total Parking38
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Maria Jose Schneider
Realtor®
