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Dennis Lue Yat

dennis@luxeiq.com +1(561) 571-1425

$12,000,000

Est. payment - /mo

1.46 Acres Lot

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Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID F10340064

Construction Status Resale

HOA Y/N No

Year Built 1957

Annual Tax Amount $74,142

Tax Year 2021

Lot Size 1.460 Acres

Acres 1.46

Property Sub-Type Multi Family

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.

Location

State FL

County Broward

Area 3112

Interior

Interior Features InteriorFeatures

Heating Central

Cooling Central Air

Fireplace No

Exterior

Utilities Available Sewer Available

Water Access Desc Public

Total Parking Spaces 38

Building

Dwelling Type Hotel/Motel,Warehouse

Story 2

Water Public

New Construction No

Construction Status Resale

Others

Tax ID 484308PR9999

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/1231-Hillsboro-Mile-Hillsboro-Beach-FL-33062/unbranded

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Listed by Anthony J Albino Beautiful Homes Realty Inc

Nearby School & Business

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Dennis Lue Yat

+1(561) 571-1425

Broker | REALTOR® | SL3301099

Broker | REALTOR® SL3301099

Popular Cities & Towns In Palm Beach County

1231 Hillsboro Mile Hillsboro Beach, FL 33062

Dennis Lue Yat

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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