1063 W Hillsboro Mile 115, Hillsboro Beach, FL 33062 — MLS photo

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1063 W Hillsboro Mile 115, Hillsboro Beach, FL 33062

Active · Condominium

$999,000

1063 W Hillsboro Mile 115, Hillsboro Beach, FL 33062

Beds
2
Baths
2
Living area
1,426 sq ft
$ / sq ft
$701/sq ft
Year built
2002
Lot size
—
HOA fee
$1,688 Monthly
Annual tax
$11,645

About this property

Welcome to the Ocean Grand Beach and Marina. This luxurious condominium has recently completed a 2 year, $5 million total interior renovation. Unit 115 is a spacious 2-bedroom 2-bath luxury residence that features 11' floor to ceiling glass sliding doors that lead to a large patio with garden and intercoastal views, and private access to the pool area and the beach. Master bedroom has its own private balcony with views of the intercoastal waterway. The kitchen features cherry wood designer cabinets, granite counter tops and stainless steel appliances. The Ocean Grand Marina is a yacht owners dream located across the street on the Intercoastal waterway with direct ocean access.

Property location

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1063 W Hillsboro Mile 115, Hillsboro Beach, FL 33062

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,426 sq ft
Flooring
Marble
Appliances
Dishwasher, Electric Range, Microwave, Refrigerator
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Bedroom On Main Level, Bathtub, First Floor Entry, Garden Tub Roman Tub, Living Dining Room, Main Level Primary, Shower Only, Walk In Closets, Bar
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
2002
Stories
9
Lot size
0 sq ft
Construction
CBSConcrete Block Structure, Block
Exterior features
Other
Pool
Association, Community
Spa
Community
Waterfront
Ocean Access
View
Intercoastal

Parking

Garage spaces
1
Covered spaces
1
Parking features
Attached, Covered, Garage, Guest, One Space, Valet

HOA, Community & Financials

Association fee
$1,688 Monthly
Fee inclusions
Insurance, Trash, Water
Amenities
Boat Dock, Billiard Room, Marina, Business Center, Clubhouse, Fitness Center, Maintenance, Pool, Spa Hot Tub, Storage, Elevators
Security
Door Man, Lobby Secured
Pets allowed
No
Annual tax
$11,645
Subdivision
OCEAN GRANDE BEACH & MARI
County
Broward
Days on market
274
MLS listing ID
F10545260
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

-$3,194

Cap rate
1.9%
Net yield
1.9%
Cash-on-cash return
-13.7%
Gross yield
6.4%
Mortgage payment
$4,736/mo
Down payment
$249,750
Loan amount
$749,250
Annual NOI
$18,497

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