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.
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
https://www.propertypanorama.com/1231-Hillsboro-Mile-Hillsboro-Beach-FL-33062--F10340073/unbranded
Other
1.34 acres
2022-07-22
Financial
74142.0
Listing Information
2023-12-20T10:40:56Z
0566243
4066
Cash, Conventional
Active
2024-09-30T21:34:43Z
FTL
Business Opportunity For Sale
1231 Hillsboro Mile, Hillsboro Beach, Florida 33062
$12,000,000
Listing ID #F10340073
Basic Details
Property Type : Business Opportunity
Listing Type : For Sale
Listing ID : F10340073
Price : $12,000,000
Year Built : 1957
Status : Active
Agent info
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