1231 Hillsboro Mile Hillsboro Beach, Florida
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://luxuryrealestate.xomio.com to see other Commercial Properties for Sale in Hillsboro Beach .
Date Updated : Jan 25, 2025
MLS#: F10340064
$12,000,000 USD
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
