1231 Hillsboro Mile Hillsboro Beach, Florida 33062, United States
The Commercial for Rent located at 1231 Hillsboro Mile Hillsboro Beach Florida 33062 with Parking is currently for Rent, 1231 Hillsboro Mile Hillsboro Beach Florida 33062 is listed for $12,000,000. If the property located at 1231 Hillsboro Mile Hillsboro Beach Florida 33062 isn't what you're looking for, search Florida Real Estate to see other Commercial for Rent in Hillsboro Beach .
MLS#: F10340073
$12,000,000 USD
Property features
Key features
Construction details
- 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.