1231 Hillsboro Mile, Hillsboro Beach, FL

$12,000,000

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63,500

Square feet

1.46

Acres

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.

Commercial property for sale in Hillsboro Beach, FL at 1231 Hillsboro Mile. This Commercial property is priced at $189/sqft

Features of 1231 Hillsboro Mile

MLS® # F10340064
Price $12,000,000
Bathrooms 0.00
Square Footage 63,500
Acres 1.46
Year Built 1957
Type Commercial
Status Active-Available

Community Information: Hillsboro Beach

Address 1231 Hillsboro Mile
Area 3112
City Hillsboro Beach
County Broward County
State FL
Zip Code 33062-1329

Amenities of 1231 Hillsboro Mile

Parking Spaces 38
Is Waterfront Yes
Has Pool No

Interior of 1231 Hillsboro Mile

Heating Central Building A/C
Fireplace No
# of Stories 2
Stories 2

Additional Information On 1231 Hillsboro Mile

Listing Courtesy of Beautiful Homes Realty Inc
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeBeautiful Homes Realty Inc

Listing Map

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