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1231 Hillsboro Mile, Hillsboro Beach, FL 33062

Multi-family For Sale
$12,000,000

BTC: 126.98278325

ETH: 3,571.42857143

883 days
Waterfront
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

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.

Location

Florida • Hillsboro Beach • 33062 • Multi-family • For Sale • Waterfront

Facts and features

Type:
Residential Income
Parking:
Year Built:
1957
Lot:
No Data
Heating:
Central Building A/C
Price/sqft:
No Data
Cooling:
HOA:
No Data
All facts and features

  • Heating

    • Central Building A/C

  • Other Property Information

    • Parcel Number: 484308PR9999

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Multi Family

  • Other financial information

    • Annual tax amount: $74,142

  • Source details

    • MLS ID: F10340064

    Other facts

    • Construction Materials:

    • Lot Features:

    • Patio And Porch Features:

    • Pool Features:

    • Direction Faces: Drive south on A1A to Hillsboro Beach and the property is located on the left side

    • Waterfront: Yes

    • Lot Size Dimensions: 1.34 ACRES

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The multiple listing information is provided by the Beaches MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Beaches MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Beautiful Homes Realty Inc