1231 Hillsboro Mile, Hillsboro Beach, FL 33062
1231 Hillsboro Mile, Hillsboro Beach, FL 33062
1231 Hillsboro Mile, Hillsboro Beach, FL 33062
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Todd Lipsich

Todd Lipsich

+1(561) 702-3918
$12,000,000
Est. payment /mo
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Key Details

Property Type Business Opportunity

Listing Status Active

Purchase Type For Sale

MLS Listing ID F10340073

HOA Y/N No

Year Built 1957

Annual Tax Amount $74,142

Tax Year 2021

Property 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

State FL

County Broward

Area 3112

Zoning RM-16

Interior

Interior Features InteriorFeatures

Fireplace No

Exterior

Amenities Available Beach Access

Total Parking Spaces 38

Building

Dwelling Type Hotel/Motel

Others

Tax ID 484308PR9999

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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BeachesMLS, Inc. (FLR) IDX
Listed by Anthony J Albino Beautiful Homes Realty Inc

Nearby School & Business

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Todd Lipsich

Todd Lipsich

+1(561) 702-3918

Broker / Owner | License ID: BK613860

Broker / Owner License ID: BK613860

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