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1231 Hillsboro Mile, Hillsboro Beach
1231 Hillsboro Mile, Hillsboro Beach, FL 33062
- MLS®FX-10340064
- StatusActive
- $ 12,000,000
Featured
- Price
- $ 12,000,000
- Year build
- 1957
- Sub-type
- MultiFamily (5+ Units)
- Status
- Active
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 of Beautiful Homes Realty Inc
