1231 Hillsboro Mile
Hillsboro Beach, Florida

MLS#: F10340073

$12,000,000 USD

The details

Property features

Key features

  • Parking

Construction details

  • Year built: 1957

Other features

  • Parking Spaces: 38

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.

Location

Hillsboro Beach, Florida
Courtesy of Tony Albino Beautiful Homes Realty Inc