1231 Hillsboro Mile
Hillsboro Beach, Florida 33062, United States

MLS#: F10340064

$12,000,000 USD

Listed By Beautiful Homes Realty Inc

The Commercial for Sale located at 1231 Hillsboro Mile Hillsboro Beach Florida 33062 with Number of parking spaces is currently for Sale, 1231 Hillsboro Mile Hillsboro Beach Florida 33062 is listed for $12,000,000. If the property located at 1231 Hillsboro Mile Hillsboro Beach Florida 33062 isn't what you're looking for, search Florida Real Estate to see other Commercial for Sale in Hillsboro Beach .

The details

Property features

Date Updated: Feb 13, 2024

Key features

Number of parking spaces

Construction details

Year built
1957
Building condition
Resale

Area

Land/Lot size
5,899m² (63,500ft²)
Heating system
central (building)

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.

Location

1231 Hillsboro Mile, Hillsboro Beach, Florida 33062, United States
map image
Courtesy of Tony Albino Beautiful Homes Realty Inc