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.
The median home value in Hillsboro Beach, FL is $565,000. This is higher than the county median home value of $394,500. The national median home value is $338,100. The average price of homes sold in Hillsboro Beach, FL is $565,000. Approximately 41.48% of Hillsboro Beach homes are owned, compared to 6.81% rented, while 51.7% are vacant. Hillsboro Beach real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Hillsboro Beach real estate agent to arrange a tour today!
Hillsboro Beach, Florida has a population of 2,011. Hillsboro Beach is less family-centric than the surrounding county with 3.91% of the households containing married families with children. The county average for households married with children is 27.2%.
The median household income in Hillsboro Beach, Florida is $71,927. The median household income for the surrounding county is $64,522 compared to the national median of $69,021. The median age of people living in Hillsboro Beach is 67.7 years.
The average high temperature in July is 90.3 degrees, with an average low temperature in January of 58.2 degrees. The average rainfall is approximately 60.7 inches per year, with 0 inches of snow per year.