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1231 Hillsboro Mile

Hillsboro Beach, FL 33062
  • $12,000,000
  • STATUS: Active
  • ON SITE: 85 Days
  • MLS #: F10340073
UPDATED: 28 min ago
$12,000,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
Built:
1957
County:

School Ratings & Info

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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www.kaufman-propertiesfl.com/homes/161645075
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1231 Hillsboro Mile Hillsboro Beach, FL 33062

  • Price: $12,000,000
  • Status: Active
  • On Site: 85 Days
  • Updated: 28 min ago
  • MLS #: F10340073
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1957
Built
Neighborhood:
Hillsboro Beach
County:
Broward
Area:
Hillsboro Beach
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.
Exterior Features

Covered Spaces 0 Parking Total 38

Property Features

Electric Other Listing Terms Cash Conventional Lot Size Dimensions 1.34 acres Tax Annual Amount 74142 Tax Year 2021 Zoning Description RM-16

 
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Michael Kaufman Real Estate
1200 N Federal Hwy, Suite 300
Boca Raton FL, 33432