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1231..Hillsboro Mile Hillsboro Beach FL, 33062
Price: $12,000,000
County: Broward County
Year Built: 1957
Parking Spaces: 38
Ann. Property Tax: 74142
ID#: 6010340073
Listed Date: 2022-07-22 |
Property Description:
Status of Listing: Active
Tax Amount: $74,142
Year Established: 65
Gross Sales: $1,000,000
Income/Expense Period: 2021-2022
| 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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