1231 hillsboro mileHillsboro Beach, FL 33062

$12,000,000Price
1.5Acres
OverviewLocationBuilding informationProperty InfoPublic Records
$12,000,000Price
1.5Acres

1231 hillsboro mileHillsboro 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.

Property Details for 1231 Hillsboro Mile

  • Num Of Parking Spaces38
  • Property AttachedNo

LISTING UPDATED:

  • StatusActive
  • MLS #F10340064
  • Days on Site756
  • Taxes$74,142 / year
  • MLS TypeCommercialSale
  • Year Built1957
  • Lot Size1.46 Acres
  • CountryBroward

Location

FLHillsboro Beach330621231 Hillsboro Mile

Listing Courtesy of Beautiful Homes Realty Inc - Tony Albino

LISTING UPDATED:

  • StatusActive
  • MLS #F10340064
  • Days on Site756
  • Taxes$74,142 / year
  • MLS TypeCommercialSale
  • Year Built1957
  • Lot Size1.46 Acres
  • CountryBroward

Building Information for 1231 Hillsboro Mile

Payment Calculator

$70,048 per month30 year fixed, 7.00% Interest
Principal and Interest$63,869.04
Property Taxes$6,178.5
HOA Dues$0

Term

Interest

Home Price

Down Payment

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Property Information for 1231 Hillsboro Mile

Summary

Location and General Information

  • Directions: Drive south on A1A to Hillsboro Beach and the property is located on the left side
  • Coordinates: 26.304225,-80.077046

School Information

    Taxes and HOA Information

    • Parcel Number: 484308PR9999
    • Tax Year: 2021
    • Tax 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

    Virtual Tour

      Parking

      • Open Parking: No

      Interior and Exterior Features

      Interior Features

      • Heating: Central
      • Basement: None
      • Levels/Stories: Two

      Exterior Features

      • Pool Private: No

      Property

      Utilities

      • Sewer: Other
      • Water Source: Public

      Property and Assessments

      • Home Warranty: No
      • Property Condition: Resale

      Green Features

        Lot Information

          Rental

          Rent Information

          • Land Lease: No

          Public Records for 1231 Hillsboro Mile

          Tax Record

          Home Facts