1231 Hillsboro Mile, Hillsboro Beach, FL

$12,000,000

Price

RM-16

Zoning

1957

Year Built

Overview
Zoning
RM-16
Year Built
1957
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.


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Listing ID: 20220722185515013392000000
Location
Gallery