1231 Hillsboro Mile, Hillsboro Beach, FL

$12,000,000

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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® # F10340073
Price $12,000,000
Year Built 1957
Type Business Opportunity
Status Active

Community Information

Address 1231 Hillsboro Mile
Area 3112
City Hillsboro Beach
County Broward
State FL
Zip Code 33062

Amenities

Is Waterfront Yes
Private Pool N

Additional Information

Zoning RM-16
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeBeautiful Homes Realty Inc

Listing Map

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