1231 Hillsboro Mile
Hillsboro Beach, Florida

MLS#: F10340064

$12,000,000 USD

Listed By Beautiful Homes Realty Inc

The Commercial Property for Sale located at Hillsboro Beach, Florida is currently for sale. Hillsboro Beach, Florida is listed for $12,000,000. This property has Parking features. If the property located at Hillsboro Beach, Florida isn't what you're looking for, visit https://www.bienvenido.casa to see other Commercial Properties for Sale in Hillsboro Beach .

Date Updated : Jan 25, 2025

The details

Property features

Key features

  • Parking

Construction details

  • Year built: 1957
  • Building condition: Resale

Other features

  • Heating system: central (building)
  • Parking Spaces: 38

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

Hillsboro Beach, Florida