1149 Hillsboro Mile 1008, Hillsboro Beach, FL 33062 — MLS photo

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1149 Hillsboro Mile 1008, Hillsboro Beach, FL 33062

Active · Condominium

$450,000

1149 Hillsboro Mile 1008, Hillsboro Beach, FL 33062

Beds
2
Baths
2
Living area
1,200 sq ft
$ / sq ft
$375/sq ft
Year built
1972
Lot size
—
HOA fee
$1,634 Monthly
Annual tax
$8,779

About this property

Beachfront Penthouse offering unmatched views, location, and potential. This is a rare opportunity to own a penthouse on one of Broward County's most coveted stretches of beach, Hillsboro Mile. Serene, and exceptionally positioned, currently the lowest-price 2/2 penthouse in Opal Towers. Experience oceanfront living at its finest in this top-floor penthouse at Opal Towers, ideally located along South Florida's exclusive Hillsboro Mile. This spacious 2-bedroom, 2-bath residence offers breathtaking, unobstructed views of both the Atlantic Ocean and the Intracoastal Waterway, delivering sunrise-to-sunset scenery from your private vantage point. Perfectly maintained condo prime for an immediate occupancy. This unit has unlimited potential! See the complete PH renovation project, digitally enhanced/staged photos included for inspiration and illustrative purposes. Floor-to-ceiling impact glass fills the home with natural light. Step outside to your private terrace, perfect for morning coffee, evening sunsets, and enjoying year-round ocean breezes. Residents enjoy 24/7 secured community living with private deeded beach access, large pool, fitness amenities, covered parking, and community rooms, all within a boutique oceanfront building. The association requires a minimum credit score of 740, and rentals are permitted after three years of ownership. Ideally located between Boca Raton and Pompano Beach, this exceptional residence is surrounded by luxury estates, while offering a relaxed, true Florida lifestyle.. Minutes away from The Boca Raton Hotel, Deerfield Beach Restaurants & Pier, Mizner Park, Marinas, Golf, Tennis, and so much more!

Property location

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1149 Hillsboro Mile 1008, Hillsboro Beach, FL 33062

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,200 sq ft
Flooring
Other
Appliances
Dishwasher, Electric Range, Electric Water Heater, Freezer, Microwave, Refrigerator
Cooling
Central Air, Ceiling Fans, Electric
Heating
Central, Electric
Interior features
Bedroom On Main Level, Living Dining Room, Main Level Primary, Tub Shower, Walk In Closets, Elevator
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
1972
Stories
10
Lot size
0 sq ft
Architectural style
High Rise, Penthouse
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony
Pool
None, Association, Community
Spa
Community
Waterfront
Ocean Access
View
Intercoastal, Ocean, Pool

Parking

Garage spaces
1
Covered spaces
1
Parking features
Covered, Garage, One Space

HOA, Community & Financials

Association fee
$1,634 Monthly
Fee inclusions
Association Management, Common Area Maintenance, Insurance, Internet, Laundry, Parking, Recreation Facilities, Sewer, Security, Water
Amenities
Boat Dock, Billiard Room, Business Center, Clubhouse, Fitness Center, Laundry, Management, Barbecue, Picnic Area, Pool, Spa Hot Tub, Storage, Elevators
Security
Door Man, Lobby Secured
Pets allowed
No
Annual tax
$8,779
Subdivision
OPAL TOWERS CONDO
County
Broward
Days on market
264
MLS listing ID
R11159042
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

-$1,703

Cap rate
1.1%
Net yield
1.1%
Cash-on-cash return
-16.2%
Gross yield
9.1%
Mortgage payment
$2,133/mo
Down payment
$112,500
Loan amount
$337,500
Annual NOI
$5,161

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