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

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1021 Hillsboro Mile RG, Hillsboro Beach, FL 33062

Active · Condominium

$9,499,000

1021 Hillsboro Mile RG, Hillsboro Beach, FL 33062

Beds
7
Baths
7
Living area
7,986 sq ft
$ / sq ft
$1,189/sq ft
Year built
1984
Lot size
—
HOA fee
$17,593 Quarterly
Annual tax
$52,266

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 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, minutes to the Hillsboro Inlet and ocean. Unrivaled in size & privacy, this icon—built for Vice President Hubert Humphrey—comes priced with state-of-the-art, top-to-bottom renovations from Zahn Development. Minutes to executive airport, award winning restaurants, championship golf, and 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
7
Bathrooms
7
Living area
7,986 sq ft
Flooring
Ceramic Tile, Hardwood, Wood
Cooling
Central Air
Heating
Central
Interior features
Built In Features, Bathtub, Elevator, Kitchen Island, Sitting Area In Primary, Bar, Walk In Closets

Exterior & Structure

Property type
Condominium
Year built
1984
Stories
14
Architectural style
Penthouse
Construction
Block
Exterior features
Balcony
Pool
Heated
Waterfront
Intracoastal Access, No Fixed Bridges, Ocean Access, Ocean Front
View
Intercoastal, Ocean, Skyline

Parking

Garage spaces
2
Covered spaces
2
Parking features
Two Or More Spaces, Garage Door Opener

HOA, Community & Financials

Association fee
$17,593 Quarterly
Fee inclusions
Maintenance Grounds, Maintenance Structure, Parking, Security
Amenities
Beach Rights, Clubhouse, Barbecue, Picnic Area, Pool
Security
Elevator Secured, Secured Garage Parking, Lobby Secured
Pets allowed
No, Yes
Annual tax
$52,266
Subdivision
LANDMARK AT HILLSBORO
County
Broward
Days on market
225
MLS listing ID
A11952638
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

-$24,343

Cap rate
2.6%
Net yield
2.6%
Cash-on-cash return
-11.0%
Gross yield
5.1%
Mortgage payment
$45,030/mo
Down payment
$2,374,750
Loan amount
$7,124,250
Annual NOI
$248,241

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