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- LoopNet Team
1205-1206 Hillsboro Mile
Hillsboro Beach, FL 33062
Oceanside Hillsboro · Land For Sale · 2.00 AC
Investment Highlights
- Rare offering in highly desired Hillsboro Beach Submarket
- Build up to 32 Units and 3 Stories
- Frontage on both the ocean and intracoastal
- Centrally located in Hillsboro with access to new developments and points of interest
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 2.00 AC |
| Property Subtype | Residential |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 2.00 AC |
Description
The Oceanside Hillsboro Development Site offers developers a unique opportunity to acquire two acres of waterfront land in one of the most luxurious and high barriers to entry markets in South Florida. The property is currently zoned RM-16, Multiple Family Dwelling Residential District, allowing for a variety of residential uses including condominium development and accessory uses inducing docks and piers. The current density of the site is 16 residential units per acre, allowing for the development of 32 residential units. The maximum building height under the zoning is 35 feet or 3 stories. The Hillsboro Beach market is a high barrier to entry market with very little available development sites and new construction projects.
PROPERTY TAXES
| Parcel Number | 48-43-08-10-0010 | Improvements Assessment | $0 |
| Land Assessment | $3,558,000 | Total Assessment | $3,558,000 |
PROPERTY TAXES
zoning
| Zoning Code | RM-16 |
| RM-16 |
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