$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 3 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
Data Last Updated:
May 11, 2026 at 9:21PM
Listing Office:
Beautiful Homes Realty Inc : 561-392-7875
Listing Agent:
Anthony J Albino : 954-254-2087
MLS ID:
F10340064
  • A/C: Central Air
  • Heating: Central
  • Parking: Parking spaces: 38
  • General: 2
  • Originating MLS: BEACH_BEACH
  • County: Broward
  • Zoning: 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 OCEANSHORE484308PR9999
  • Utilities: Sewer Available
  • Water: Public
  • Source: BEACH_BEACH

This listing courtesy of Anthony J Albino , Beautiful Homes Realty Inc

Monthly Payment

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

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