1. Florida
  2. Hillsboro Beach
  3. 1231 Hillsboro Mile
$12,000,000

1231 Hillsboro Mile, Hillsboro Beach, FL 33062

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1957
  • Property Lot Size Icon1.46acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 years ago

Property 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.

Listing Status:
Active
Date Added:
July 22, 2022 at 05:00AM
Listing Office:
Beautiful Homes Realty Inc : (561) 392-7875
Listing Agent:
Tony Albino : (954) 254-2087
MLS ID:
F10340064
  • Heating: Central

This listing courtesy of Tony Albino, Beautiful Homes Realty Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

D

Deerfield Beach Elementary School

650 NE 1st St, Deerfield Beach, FL, 33441

Grades KG-5

1.54 miles away

S

Somerset Academy Key Middle School

959 SE 6th Ave, Deerfield Beach, FL, 33441

Grades 6-8

1.25 miles away

S

Somerset Academy Key Charter High School

959 SE 6th Ave, Deerfield Beach, FL, 33441

Grades 9-12

1.25 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.