1160 Hillsboro Mile 904, Hillsboro Beach, FL 33062 — MLS photo

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1160 Hillsboro Mile 904, Hillsboro Beach, FL 33062

Active · Condominium

$669,000

1160 Hillsboro Mile 904, Hillsboro Beach, FL 33062

Beds
2
Baths
2
Living area
1,200 sq ft
$ / sq ft
$558/sq ft
Year built
1968
Lot size
—
HOA fee
$1,000 Monthly
Annual tax
$9,456

About this property

Experience elevated coastal living at 1160 Hillsboro Mile #904 in the prestigious Hillsboro Beach "Millionaire's Mile." This 9th-floor oversized 2-bedroom, 2-bath residence offers unobstructed Intracoastal views with stunning ocean views from the front of the unit, delivering both sunrise and sunset backdrops from your own home. Enjoy a true front-row seat to South Florida's iconic boat parade and daily yacht activity. The residence is located in a well-maintained, resort-style building featuring private beach access (key entry) and boat dockage up to 42 feet (when available). Residents enjoy a full suite of amenities including a heated pool, fitness center, clubhouse, rentable party room, BBQ area, car wash station with vacuum and air, on-site manager, and covered under-building parking The building has completed all major improvements and passed its 40- and 50-year inspections, including new balconies, railings, roof, paint, hurricane-impact windows and doors, updated elevators., and so much more. The bridge to the island has also been fully repaired, and the property features a new street-facing building sign. Nearly $100,000 in special assessments have already been paid by the seller, offering peace of mind and long-term value. Set on a private island in one of South Florida's most desirable beachfront communities, this is a rare opportunity to own a turnkey waterfront residence with both ocean and Intracoastal exposure.

Property location

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1160 Hillsboro Mile 904, Hillsboro Beach, FL 33062

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,200 sq ft
Flooring
Tile
Appliances
Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Other, Refrigerator, Wine Cooler
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level, Kitchen Island, Living Dining Room, Main Living Area Entry Level, Stacked Bedrooms, Tub Shower, Walk In Closets, Pantry
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
1968
Stories
10
Lot size
0 sq ft
Architectural style
One Story
Roof
Other
Construction
Block
Exterior features
Balcony, Other
Pool
Concrete, Other, Pool, Association, Community, Heated
Waterfront
Intracoastal Access, Ocean Access, Other
View
Intercoastal, Ocean, Other, Water

Parking

Covered spaces
1
Parking features
Attached, Covered, Underground, Garage, Guest

HOA, Community & Financials

Association fee
$1,000 Monthly
Fee inclusions
Association Management, Common Area Maintenance, Hot Water, Laundry, Legal Accounting, Parking, Pest Control, Pools, Recreation Facilities, Sewer, Security, Trash, Water
Amenities
Boat Dock, Business Center, Clubhouse, Community Kitchen, Controlled Access, Fitness Center, Hobby Room, Laundry, Library, Management, Maintenance, Barbecue, Other, Picnic Area, Pier, Pool, Storage, Trash, Vehicle Wash Area, Elevators
Security
Key Card Entry
Pets allowed
No
Annual tax
$9,456
Subdivision
HILLSBORO ISLAND HOUSE CON
County
Broward
Days on market
202
MLS listing ID
B26009995
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

-$1,750

Cap rate
2.6%
Net yield
2.6%
Cash-on-cash return
-11.2%
Gross yield
7.2%
Mortgage payment
$3,171/mo
Down payment
$167,250
Loan amount
$501,750
Annual NOI
$17,061

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