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1231 Hillsboro Mile, Hillsboro Beach, FL 33062
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$12,000,000
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Home Details for 1231 Hillsboro Mile
Price
$12,000,000
Type
Commercial/Industrial
Year Build
1957
County
Broward
Tax
$74,142
MLS®️ Listing#
F10340073
On exitrealty.com
267 days
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.
Listing Courtesy: Beautiful Homes Realty Inc - 561-392-7875
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
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EXIT REALTY DELRAY
1200 NW 17th Avenue Suite 4, Delray Beach, FL 33445
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$12,000,000
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EXIT REALTY DELRAY
1200 NW 17th Avenue Suite 4, Delray Beach, FL 33445