1021 Hillsboro Mile RG, Hillsboro Beach, FL 33062 — MLS photo

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1021 Hillsboro Mile RG, Hillsboro Beach, FL 33062

Active · Condominium

$5,499,000

1021 Hillsboro Mile RG, Hillsboro Beach, FL 33062

Beds
5
Baths
5
Living area
7,986 sq ft
$ / sq ft
$689/sq ft
Year built
1984
Lot size
—
HOA fee
$17,593
Annual tax
—

About this property

Sky Palace—one of South Florida’s largest penthouses with 8k sq ft of private living area plus an additional 5k+ sq ft of balcony. Own the entire 16th floor with jaw-dropping 360° views of the ocean, Intracoastal, Boca Raton, Ft. Lauderdale, Miami, and Millionaire’s Mile. Exclusive use of private dock for up to 100' yacht, just minutes to the Hillsboro Inlet and open ocean. Unrivaled in size and privacy, this iconic residence—originally built for Vice President Hubert Humphrey—offers a rare opportunity to reimagine and customize a legendary space to your taste. Minutes to the executive airport, award-winning restaurants, championship golf, and world-class shopping. More than a home—this is elite living redefined.

Property location

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1021 Hillsboro Mile RG, Hillsboro Beach, FL 33062

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Facts & features

Interior

Bedrooms
5
Bathrooms
5
Living area
7,986 sq ft

Exterior & Structure

Property type
Condominium
Year built
1984

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$17,593
County
Broward
MLS listing ID
A11952607
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

-$29,028

Cap rate
-0.6%
Net yield
-0.6%
Cash-on-cash return
-22.6%
Gross yield
6.4%
Mortgage payment
$26,068/mo
Down payment
$1,374,750
Loan amount
$4,124,250
Annual NOI
-$35,522

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