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1231 Hillsboro Mile, Hillsboro Beach, FL 33062
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1231 Hillsboro Mile
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Would you like to sell your home before you purchase this one?
Priced at Only: $12,000,000
For more Information Call:
Address: 1231 Hillsboro Mile, Hillsboro Beach, FL 33062
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  • MLS#: F10340064 ( Commercial/Industrial )
  • Street Address: 1231 Hillsboro Mile
  • Viewed: 106
  • Price: $12,000,000
  • Price sqft: $0
  • Waterfront: Yes
  • Wateraccess: Yes
  • Year Built: 1957
  • Bldg sqft: 0
  • Days On Market: 1091
  • Additional Information
  • County: BROWARD
  • City: Hillsboro Beach
  • Zipcode: 33062
  • Provided by: Beautiful Homes Realty Inc
  • Contact: Tony Albino
  • (561) 392-7875
  • Fort Lauderdale, FL MLS IDX
  • DMCA Notice
  • 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.
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Features
Building and Construction
  • Num Stories: 2.0000
  • Typeof Building: Free Standing, Hotel/Motel, Other Building Type
  • Year Built Description: Resale
Property Information
  • Transaction Type Mlx: Sale
  • Typeof Property: Income/Multi-Family
Land Information
  • Lot Sq Footage: 63500
  • Total Acreage: 1.4577
Garage and Parking
  • Num Parking Spaces: 38
Eco-Communities
  • Water Description: Public Water
Utilities
  • Heating Description: Central Building A/C
  • Number Of Units: 30
  • Sewer Description: Other Sewer
Finance and Tax Information
  • Tax Year: 2021
Other Features
  • Board Identifier: BeachesMLS
  • Country: United States
  • Geographic Area: North Broward Ocean To Intracoastal (3111-3121)
  • Information Available: Aerial Photo(S)
  • Legal Description: 8-48-43 ALL THAT POR OF THE S 200 OF THE N 500 OF GOV LOT 1 LYING E OF ELY R/W//L OF STATE RD A1A AKA:UNDERLYING LAND FOR RAINBOW OCEANSHORE
  • Locationof Property: Beach Access
  • Parcel Number Mlx: 9999
  • Parcel Number: 484308PR9999
  • Postal Code + 4: 1329
  • Sale Includes: Building Only
  • Views: 106
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Headshot for Associate Richard Rovinsky
  1. Richard Rovinsky, REALTOR ®
  2. Tropic Shores Realty
  3. Mobile: 843.870.0037
  4. Office: 352.515.0726
  5. rovinskyrichard@yahoo.com