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1231 Hillsboro Mile
$12,000,000
1231 Hillsboro Mile, Hillsboro Beach, FL 33062
For Sale
Business
Active
Last Updated: 01/29/2025
RM-16
Zoning
1957
Year Built
Details:
Zoning: RM-16
Year Built: 1957
Cooling: []
Roof: []
Floor: []
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
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