1160 Hillsboro Mile 701, Hillsboro Beach, FL 33062 — MLS photo

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1160 Hillsboro Mile 701, Hillsboro Beach, FL 33062

Active · Condominium

$820,000

1160 Hillsboro Mile 701, Hillsboro Beach, FL 33062

Beds
2
Baths
2
Living area
1,350 sq ft
$ / sq ft
$607/sq ft
Year built
1968
Lot size
—
HOA fee
$1,000 Monthly
Annual tax
$8,391

About this property

Beautifully updated 2-bedroom, 2-bath corner unit in highly desirable Hillsboro Beach is move-in ready. Recently freshly painted with new baseboards and newer flooring throughout, this residence offers a bright, modern feel from the moment you walk in. The floor plan features a spacious open kitchen with island seating, stainless steel appliances, stone countertops, and endless water views, making it the perfect space for entertaining. Impact glass surrounds the living area, filling the home with natural light and panoramic views. The primary suite includes a walk-in closet, upgraded vanity, and multiple additional storage closets. Enjoy electric window shades on your double sliding glass doors, allowing you to adjust the ambiance with the touch of a button. Step outside to your large wrap-around balcony and take in breathtaking views of both the Intracoastal Waterway and the beach with this Southeast & Western exposure—a rare combination of views that truly sets this unit apart. After a day at the beach or boating, unwind in the heated resort-style pool which sites on the Intracoastal. Boaters will love the community dock accommodating vessels up to 40 feet,with NO FIXED BRIDGES, offering quick and easy ocean access. Additional conveniences include laundry facilities on each floor, secure building access, and a peaceful, well-maintained community.This is the perfect coastal retreat—updated,stylish, & surrounded by the best of Hillsboro Beach living.Only 7 units per floor.

Property location

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1160 Hillsboro Mile 701, Hillsboro Beach, FL 33062

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,350 sq ft
Flooring
Other, Tile
Appliances
Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator
Cooling
Central Air
Heating
Central
Interior features
Breakfast Bar, Built In Features, Bedroom On Main Level, Eat In Kitchen, First Floor Entry, Living Dining Room, Main Living Area Entry Level, Walk In Closets
Furnished
Negotiable

Exterior & Structure

Property type
Condominium
Year built
1968
Stories
10
Architectural style
High Rise
Construction
Block
Exterior features
Balcony, Security High Impact Doors
Pool
Heated
Waterfront
Intracoastal Access
View
Intercoastal, Ocean, Other, Pool

Parking

Garage spaces
0
Covered spaces
0
Parking features
Underground, One Space

HOA, Community & Financials

Association fee
$1,000 Monthly
Fee inclusions
Amenities, Common Areas, Laundry, Maintenance Grounds, Maintenance Structure, Parking, Pools, Roof, Sewer, Trash, Water
Amenities
Boat Dock, Cabana, Clubhouse, Community Kitchen, Fitness Center, Laundry, Barbecue, Picnic Area, Pool, Storage, Trash, Vehicle Wash Area, Elevators
Security
Intercom, Lobby Secured
Pets allowed
No
Annual tax
$8,391
Subdivision
HILLSBORO ISLAND HOUSE CO
County
Broward
Days on market
278
MLS listing ID
A11917606
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,848

Cap rate
3.0%
Net yield
3.0%
Cash-on-cash return
-9.7%
Gross yield
6.9%
Mortgage payment
$3,887/mo
Down payment
$205,000
Loan amount
$615,000
Annual NOI
$24,467

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.