PRICED AT ONLY: $12,000,000
Address: 1231 Hillsboro Mile, Hillsboro Beach, FL 33062
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.
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- MLS#: F10340064 ( Commercial/Industrial )
- Street Address: 1231 Hillsboro Mile
- Viewed: 116
- Price: $12,000,000
- Price sqft: $0
- Waterfront: Yes
- Wateraccess: Yes
- Year Built: 1957
- Bldg sqft: 0
- Acreage: 1.46 acres
- Additional Information
- County: BROWARD
- City: Hillsboro Beach
- Zipcode: 33062
- Provided by: Beautiful Homes Realty Inc
- Contact: Tony Albino
- (561) 392-7875
- DMCA Notice
Features
Building and Construction
- Num Stories: 2.0000
- Typeof Building: Free Standing, Hotel/Motel, Other Building Type
- Year Built Description: Resale
Property Information
- Transaction Type Mlx: Sale
- Typeof Property: Income/Multi-Family
Land Information
- Lot Sq Footage: 63500
- Total Acreage: 1.4577
Garage and Parking
- Num Parking Spaces: 38
Eco-Communities
- Water Description: Public Water
Utilities
- Heating Description: Central Building A/C
- Number Of Units: 30
- Sewer Description: Other Sewer
Finance and Tax Information
- Tax Year: 2021
Other Features
- Board Identifier: BeachesMLS
- Country: United States
- Geographic Area: North Broward Ocean To Intracoastal (3111-3121)
- Information Available: Aerial Photo(S)
- Legal Description: 8-48-43 ALL THAT POR OF THE S 200 OF THE N 500 OF GOV LOT 1 LYING E OF ELY R/W//L OF STATE RD A1A AKA:UNDERLYING LAND FOR RAINBOW OCEANSHORE
- Locationof Property: Beach Access
- Parcel Number Mlx: 9999
- Parcel Number: 484308PR9999
- Postal Code + 4: 1329
- Sale Includes: Building Only
- Views: 116
Contact Info
- The Real Estate Professional You Deserve
- Mobile: 904.248.9848
- phoenixwade@gmail.com
