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
Annual tax
—

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

Exterior & Structure

Property type
Condominium
Year built
2002
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,688
County
Broward
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

-$3,806

Cap rate
1.1%
Net yield
1.1%
Cash-on-cash return
-16.3%
Gross yield
6.4%
Mortgage payment
$4,736/mo
Down payment
$249,750
Loan amount
$749,250
Annual NOI
$11,161

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