HOMES BY DARCI
Southern Key Realty
1231 Hillsboro Mile Hillsboro Beach FL 33062
Address
1231 Hillsboro Mile, Hillsboro Beach, FL
Price
$ 12,000,000
Property Attributes
- MLS#F10340073
- TypeSingle Family
- Listing Status Active
- CountyBroward
- CityHillsboro Beach
- Area3112
- Zip33062
- Style
- Year Built1957
- Taxes$ 74142
- Price$ 12,000,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
Data Source:
Beaches MLS (FL)
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.
| Price History | |
|---|---|
| 1/14/2026 | Listed $12,000,000 |
General Features
| Year Built | 1957 |
|---|---|
| Electric | Other |
| Tax Year | 2021 |
| Business Type | Commercial,Other |
| County | Broward |
| Insurance Expense | 49712 |
| Property Type | BusinessOpportunity |
| Association Amenities | BeachAccess |
| Status | Active |
| Directions | Drive south on A1A to Hillsboro Beach and the property is located on the left side |
| City | Hillsboro Beach |
| MLS Area | 3112 |
| Tax Annual Amount | 74142 |
| Virtual Tour | https://www.propertypanorama.com/1231-Hillsboro-Mile-Hillsboro-Beach-FL-33062--F10340073/unbranded |
| Standard Status | Active |
| PostalCity | Hillsboro Beach |
| 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 |
Exterior Features
| Total Parking | 38 |
|---|---|
| Waterfront Y/N | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 33062
Price
Taxes
Year Built
The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The data is provided exclusively for the user's personal non-commercial use, and may not be used for any purpose other than to identify properties that the user may be interested in purchasing or leasing. The properties displayed may not be all of the properties in the MLS's database, or all
These listings are provided by the IDX Program of Brevard County, Florida. Real Estate listings held by brokerage firms other than Southern Key Realty are marked with the IDX Logo and detailed information about them includes the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not
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