1050 Hillsboro Mile Unit 203w, Hillsboro Beach, FL 33062 — MLS photo

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1050 Hillsboro Mile Unit 203w, Hillsboro Beach, FL 33062

Active · Condominium

$425,000

1050 Hillsboro Mile Unit 203w, Hillsboro Beach, FL 33062

Beds
2
Baths
2
Living area
1,000 sq ft
$ / sq ft
$425/sq ft
Year built
1969
Lot size
—
HOA fee
$1,238 Monthly
Annual tax
$7,224

About this property

This is a great opportunity to live on the prestigious Hillsboro Mile. You will love the constant boat parade of the Intracoastal waterway from your balcony that feels like you are on a boat. Enjoy convenient access with parking right below and just 1 flight of stairs. The unit is clean and well maintained with new flooring and impact glass. Le Baron has boat docks as well as an ocean front pool and private beach access. The building is financially secure with a budget for reserves and the 40 year and 50 year inspections completed. There is ample parking on site and an additional storage locker is included. Washer and dryers can be installed. Located on billionaires row close to some of the most expensive real estate in Florida. A short ride to the beautiful beach town of Deerfield Beach.

Property location

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1050 Hillsboro Mile Unit 203w, Hillsboro Beach, FL 33062

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,000 sq ft
Flooring
Carpet, Tile
Appliances
Dishwasher, Disposal, Microwave, Refrigerator
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level, Living Dining Room, Main Living Area Entry Level, Walk In Closets
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
1969
Stories
10
Lot size
0 sq ft
Architectural style
One Story
Roof
Flat, Tile
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony
Pool
None, Association, Community, Heated
Waterfront
Other
View
Intercoastal

Parking

Covered spaces
1
Parking features
Attached, Garage, Guest

HOA, Community & Financials

Association fee
$1,238 Monthly
Fee inclusions
Association Management, Insurance, Laundry, Legal Accounting, Pest Control, Pools, Reserve Fund, Sewer, Trash, Water
Association
Le Baron
Association contact
954-946-1880
Amenities
Beach Rights, Boat Dock, Bike Storage, Clubhouse, Controlled Access, Fitness Center, Laundry, Management, Pool, Elevators
Security
Key Card Entry, Smoke Detectors
Pets allowed
No
Annual tax
$7,224
Subdivision
HILLSBORO LE BARON CONDO A
County
Broward
Days on market
211
MLS listing ID
B26005767
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

-$1,431

Cap rate
1.6%
Net yield
1.6%
Cash-on-cash return
-14.4%
Gross yield
8.4%
Mortgage payment
$2,015/mo
Down payment
$106,250
Loan amount
$318,750
Annual NOI
$7,010

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