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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.

Features
: Central
: Other
Address Map
US
FL
Broward
Hillsboro Beach
33062
Hillsboro Mile
1231
W81° 55' 22.6''
N26° 18' 15.2''
Drive south on A1A to Hillsboro Beach and the property is located on the left side
3112
Additional Information
2
https://www.propertypanorama.com/1231-Hillsboro-Mile-Hillsboro-Beach-FL-33062/unbranded
: Public
: Two
1.34 ACRES
1
2022-07-22
Financial
74142.0
Listing Information
2023-12-20T10:39:12Z
0566243
4066
Cash, Conventional
Active
2024-09-30T21:34:43Z
FTL

Commercial Sale For Sale

1231 Hillsboro Mile, Hillsboro Beach, Florida 33062

1.46 Acre
$12,000,000
Listing ID #F10340064
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : F10340064
Price : $12,000,000
Year Built : 1957
Lot Area : 1.46 Acre
Status : Active
Property Sub Type : Multi Family
Waterfront Yn : 1
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