$12,000,000
( )
$64,419 est/mo Sourced by Back At You1231 Hillsboro Mile , Hillsboro Beach, FL 33062
Hillsboro Beach, FL 33062
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.
Details
| MLS# | F10340073 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1957 |
| Days On Site | 978 |
| Listing Provided By | Beautiful Homes Realty Inc | Tony Albino |
Features
| Zoning | RM-16 |
|---|
Market Activity 33062
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Learn More About This Property
| State | FL |
|---|---|
| County | Broward |
| City | Hillsboro Beach |
| Zip Code | 33062 |
| Area | 3112 |
| Subarea | North Broward Ocean To Intracoastal (3111 3121) |
| Listing VS Median (In 33062) | |
Price: $12,000,000 low | high Med: $349,950 On site: 978 low | high Med: 23.000000 | |
Listing Updated: January 27, 2025 at 10:03:28 AM PST