1231 Hillsboro Mile
$12,000,000
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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...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.
- Listed by Tony Albino • Beautiful Homes Realty Inc
Property Details for 1231 Hillsboro Mile
Waterfront
Yes
LISTING UPDATED: 08/16/2024 02:19 PM
Property Details for 1231 Hillsboro Mile
Status | Active |
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MLS # | F10340064 |
Days on Market | 692 |
Taxes | $74,142 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Commercial/Industrial / Income/Multi-Family |
Year Built | 1957 |
Lot Size | 1.46 AC / 63,500 SF |
County | Broward County |
Building
Building Information for 1231 Hillsboro Mile
Stories2Residences-Year Built1957Building Size-Lot Size1.46 AC / 63,500 SF
Property Information for 1231 Hillsboro Mile
Property History for 1231 Hillsboro Mile
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1231 Hillsboro Mile
Taxable ValueLand$10Additions-Total$10
Home Facts
Beds0Lot Size63,500 SqFtStyleResidentialZoningRM-16CountyBROWARDAPN48-43-08-PR-9999
Schools near 1231 Hillsboro Mile
This home is within Broward.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 6 to 8 |
Rating | School | Distance |
---|---|---|
Cresthaven Elementary School PublicPK to 5 | ||
Crystal Lake Community Middle School Public6 to 8 | ||
Deerfield Beach High School Public9 to 12 | ||
Somerset Academy Pompano Middle (6-8) Charter6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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