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Active - Other for sale
1231 Hillsboro Mile, Hillsboro Beach, FL
Facts & features
Why you’ll love it
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, and the building owner retains the right of first refusal to purchase the land lease at any time during the lease. This is the only prime oceanfront location available for new or redevelopment in the area. The possibilities are limitless.
Listings courtesy of Beautiful Homes Realty Inc.
Listed by: Tony Albino • (954) 254-2087 • Beautiful Homes Realty Inc
Co-listed by: Beautiful Homes Realty Inc
Source: Beaches MLS, MLS#: F10340073
Based on info available as of Nov 14, 2026 at 1:48 AM EST.
Come see by yourself
Affordability
$71,000/mo
- Mortgage$60,679
- Property tax$6,179
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
$240,000 Credit back
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Travel times
About Hillsboro Beach
This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone X
Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.
More details
Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
Fire
Storm
Air quality
Pollen
Disclaimer
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed.
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.
Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.
Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided.
Listing information ©2026 Beaches Multiple Listing Service®.
All Rights Reserved.
Data Last Updated: Nov 14, 2026 at 01:48am EST.
Make a winning offer, and get up to
$240,000 Credit back
