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.
County
Broward County
Price Before Reduction
Price Reduction Date
Property Sub Type
Multi Family
Property Type
Commercial Sale
Subdivision
Year Built
1957
Building Area Total
Cooling
Electric
Flooring
Heating
Central
Interior Features
Levels
Two
Seating Capacity
Stories
2
Construction Materials
Covered Spaces
0
Exterior Features
Foundation Details
Frontage Length
Lot Features
Lot Size Area
63500
Lot Size Dimensions
1.34 ACRES
Lot Size Square Feet
63500
Number Of Buildings
Number Of Units Total
1
Parking Features
Parking Total
38
Road Frontage Type
Roof
Sewer
Other
Utilities
Water Source
Public
Building Name
Complex Name
Distance To Freeway Numeric
MLS Area Major
3112
MLS Area Minor
North Broward Ocean To Intracoastal (3111-3121)
Postal City
Hillsboro Beach
Public Survey Township
4843
Waterfront Features
Zoning Description
Accessibility Features
Development Status
Documents Available
Aerial
Documents Count
Housing Older Persons Act
Mls Status
Active
Property Sub Type Additional
Public Survey Section
8
Security Features
Year Built Details
Resale
Association Fee
Association Fee Frequency
Association Fee Includes
Contingency
Disclosures
Existing Lease Type
Gross Income
Gross Scheduled Income
Insurance Expense
Lease Term
Listing Terms
Cash, Conventional
Net Operating Income
Operating Expense
Ownership
Ownership Type
Possession
Professional Management Expense
Special Listing Conditions
Supplies Expense
Tax Annual Amount
74142
Tax Year
2021
Tenant Pays
Trash Expense
Vacancy Allowance Rate
Listed by: Beautiful Homes Realty Inc 
© 2024 Beaches MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of BMLS. Real estate listings held by IDX Brokerage firms other than Premier Brokers International are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Data last updated: Thursday, April 18th, 2024 at 09:12:56 PM.
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