Overview
Closing Costs Calculator- Status: Active
- Parking No info
- Size: No info
- Price Per: No info/No info
- Type: Commercial/Investment
- Built: 1957
- HOA: No info
- MLS Number: F10340064
- View No info
- On Site: 910 days
- Updated: 154 Days Ago
- Page Views: 22
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.
Contact AdvisorPrice History
Date | Event | Price | Change Rate | Price Per |
---|---|---|---|---|
07/22/2022 | Listed | $12,000,000.00 | $188.98 ft2/$2,034.13 m2 |
Features
Property Details for 1231 Hillsboro Mile, Hillsboro Beach, FL 33062
- Bedrooms
- Bedrooms: No info
- Bedroom Description: No info
- Bathrooms
- Full Bathrooms:
- Half Bathrooms: No info
- Master Bathroom Description: No info
- Exterior and Lot Features
- Exterior Features: No info
- View: No info
- Interior, Heating and Cooling
- Interior Features: No info
- Appliances: No info
- Heating Description: Central Building A/c
- Cooling Description: No info
- Building and Construction
- Floor Description: No info
- Windows/Treatment: No info
- Construction Type: No info
- Year Built: 1957
- Waterfront and Water Access
- Waterfront Property: Yes
- Waterfront Frontage: No info
- Waterfront Description: No info
- Water Access: No info
- Water Description: Public Water
- School Information
- Elementary School: No info
- Middle School: No info
- High School: No info
- Other Property Info
- Community Name: No info
- Subdivision Name: No info
- Property Type: Commercial/Investment
- Property Subtype: Commercial/Industrial
- Type of Association: Homeowners
- Garage Spaces: No info
- Listing Date: 07/22/2022
- Directions: Drive south on A1A to Hillsboro Beach and the property is located on the left side
- Area: 3112
- Section: 8
- Brokered By: Beautiful Homes Realty Inc
- Legal Description: 8-48-43 ALL THAT POR OF THE S 200 OF THE N 500 OF GOV LOT 1 LYING E OF ELY R/W//L OF STATE RD A1A AKA:UNDERLYING LAND FOR RAINBOW OCEANSHORE
- Taxes, Fees & More
- Maintenance/HOA Fees: No info
- Taxes (PLEASE NOTE THAT: Property taxes on resale can vary and prorated at approximately 2.0% of the purchase price and/or assessed market value. Tax rates differ between municipalities and may vary depending on location and usage): $74,142.00 (2021)
- Type of building: Free Standing, Hotel/motel, Other Building Type
- Occupancy Information: No info
- Occupancy Percentage: No info
- Property Type Description: No info
- Parking Description: No info
- Parking Spaces: 38
- Number of Units: 30
- Number of Floors: 2
- Number of Stories: 2
- Zoning Information: No info
- Total Acreage: 1.46
- Acreage Description: No info