Basic Information

  • MLS # F10340064
  • Type Multi Family
  • Status Active
  • Year Built 1957
  • Total Size 63,500 Sq.Ft / 1.46 Acre
  • Date Listed 07/22/2022
  • Days on Market 1021
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.

Amenities

Exterior Features

  • Waterfront Yes
  • Parking Spaces 0
  • Pool No
  • Parking Description
  • Style Multi Family

Interior Features

  • Adjusted Sqft 1.46 AcreSq.Ft
  • Heating Description Central
  • Sqft 1.46 Acre Sq.Ft

Property Features

  • Address 1231 Hillsboro Mile
  • Aprox. Lot Size 63,500
  • City Hillsboro Beach
  • County Broward
  • Furnished Info no
  • Levels Two
  • Listing Terms Cash, Conventional
  • Postal City Hillsboro Beach
  • Public Survey Section Two
  • Public Survey Township 4843
  • Sewer Description Other
  • Stories 2
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $74,142
  • Tax Legal desc 8-48-43 A L L T H A T P O R O F T H E S200 O F T H E N500 O F G O V L O T1 L Y I N G E O F E L Y R/ W// L O F S T A T E R D A1 A A K A: U N D E R L Y I N G L A N D F O R R A I N B O W O C E A N S H O R E
  • Tax Year 2021
  • Terms Considered Cash, Conventional
  • Type of Property Multi Family
  • Water Source Public
  • Year Built Details Resale

1231 Hillsboro Mile

Hillsboro Beach, FL 33062

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Beautiful Homes Realty Inc. tel: (561) 392-7875

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