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{"mls_id":"fl130"}

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1231 Hillsboro Mile
Hillsboro Beach, FL 33062
Pending
$12,000,000
Pending
1957
Yr. Built
MLS# F10340073
Listed on site 506 days since July 22nd, 2022

Property Details

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, and the building owner retains the right of first refusal to purchase the land lease at any time during the lease. This is the only prime oceanfront location available for new or redevelopment in the area. The possibilities are limitless.

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Property Highlights

Status
Under Contract
MLS Status
Pending
Price
$ 12,000,000
Property Type
Business
Property Subtype
Business
Year Built
1957

Location

County
Broward

Heating, Cooling & Utilities

Utilities
Other

Lot

Zoned
RM-16

Taxes & Terms

Terms
Cash

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Listed by Beautiful Homes Realty Inc
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Property History

506 days ago
Property Listed
129 days ago
Property info last updated

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All rights reserved. Information deemed reliable but not guaranteed. All listings featuring the RPBGFL MLS logo are provided by the Realtors of the Palm Beaches and Greater Fort Lauderdale, Inc. and Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2023 Realtors of the Palm Beaches and Greater Fort Lauderdale, Inc. and Beaches MLS, Inc.
Listing Data last updated: 11th December, 2023 12:00 MST
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1231 Hillsboro Mile - MLS#F10340073 - $12,000,000
Listed by Beautiful Homes Realty Inc, Anthony J Albino
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