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 |
| Acres | 1.46 |
| Year Built | 1957 |
| Type | Commercial Sale |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 1231 Hillsboro Mile |
|---|---|
| Area | 3112 |
| City | Hillsboro Beach |
| County | Broward |
| State | FL |
| Zip Code | 33062 |
Amenities
| Utilities | Sewer Available |
|---|---|
| Private Pool | N |
Interior
| Heating | Central Building |
|---|---|
| Cooling | Central Building |
| # of Stories | 2 |
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Beautiful Homes Realty Inc |
|---|