Homes for sale - 1231 Hillsboro Mile, Hillsboro Beach, FL 33062

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Derek Ratliff

derek.ratliff@riserealtyadvisors.com +1(386) 438-9355

$ 12,000,000

Est. payment | -/mo

1.46 Acres Lot

Save

$ 12,000,000

Est. payment | -/mo

Save

1.46 Acres Lot

Key Details

Property Type Multi-Family, Commercial

Sub Type Income/Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID F10340064

Construction Status Resale

HOA Y/N No

Year Built 1957

Annual Tax Amount $74,142

Tax Year 2021

Lot Size 1.458 Acres

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.

Location

State FL

County Broward County

Area North Broward Ocean To Intracoastal (3111-3121)

Interior

Heating Central Building A/C

Exterior

Water Access N

Private Pool No

Building

Story 2.0000

Sewer Other Sewer

Water Public Water

Construction Status Resale

Others

Pets Allowed No

Acceptable Financing Cash, Conventional/Refinance

Listing Terms Cash, Conventional/Refinance

Listed by Beautiful Homes Realty Inc

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(386) 438-9355

derek.ratliff@riserealtyadvisors.com

10752 Deerwood Park Blvd South Waterview II, Suite 100 , JACKSONVILLE, Florida, 32256, USA

1231 Hillsboro Mile Hillsboro Beach, FL 33062