1231 Hillsboro Mile, Hillsboro Beach

$12,000,000

0 Bed
0 Bath
63,500 Sqft
1.46 Acres
0 Garage

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.

Essential Information
MLS® #F10340064
Price$12,000,000
Bathrooms0.00
Square Footage63,500
Acres1.46
Year Built1957
TypeCommercial
StatusActive-Available
Community Information
Address1231 Hillsboro Mile
Area3112
CityHillsboro Beach
CountyBroward County
StateFL
Zip Code33062-1329
Amenities
Parking Spaces38
Is WaterfrontYes
Interior
HeatingCentral Building A/C
# of Stories2
Stories2
Additional Information
Days on Market616
Listing Details
OfficeBeautiful Homes Realty Inc
Property History
Status Changed from Pending Sale/Rental to Active-Available
Status Changed from Active-Available to Pending Sale/Rental
Status Changed from Backup Contract-Call LA to Active-Available
Status Changed from Active-Available to Backup Contract-Call LA
LISTING MAP

Get directions to this property:

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2024 BeachesMLS, Inc.

Listing information last updated on March 29th, 2024 at 3:07am EDT.