1231 Hillsboro Mile
Hillsboro Beach, FL 33062
#FX-10340073
Description
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.
Construction Details
- Property TypePurchase
Condition
- Year Built1957
Community and Neighborhood Details
- CountyBroward
- ZoningRM-16
Financial Details
- Original List Price$12,000,000
- Taxes Annual$74,142
Other
- MLS #FX-10340073
Location
Legal
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Last Updated: . Source: BMLS
Listing Courtesy
Listing Agent: Anthony J Albino (#0566243)
Listing Office: Beautiful Homes Realty Inc (#4066)
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