Cays Realty
1155 Hillsboro Mile 502, Hillsboro Beach, FL 33062 — MLS photo

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1155 Hillsboro Mile 502, Hillsboro Beach, FL 33062

Active · Condominium

$999,999

1155 Hillsboro Mile 502, Hillsboro Beach, FL 33062

Beds
2
Baths
3
Living area
2,100 sq ft
$ / sq ft
$476/sq ft
Year built
1984
Lot size
—
HOA fee
$1,500 Monthly
Annual tax
$4,523

About this property

Rare opportunity to own in the exclusive Hillsboro Ocean Club at an incredible value. This light-filled 2-bedroom, 2.5-bath residence showcases unobstructed, direct Intracoastal views, offering a peaceful and ever-changing waterfront backdrop. The spacious layout is filled with natural light and presents the perfect opportunity to design and customize your own modern coastal retreat. Residents enjoy resort-style amenities, private access to the pristine beaches of Hillsboro Mile, and rentable dockage for boating enthusiasts seeking true South Florida waterfront living. A unique chance to secure a premier location, lifestyle, and value in one of the area's most desirable coastal communities.

Property location

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1155 Hillsboro Mile 502, Hillsboro Beach, FL 33062

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
2,100 sq ft
Flooring
Carpet, Tile
Appliances
Built In Oven, Dishwasher, Electric Range, Disposal, Other, Refrigerator, Self Cleaning Oven
Cooling
Central Air, Ceiling Fans
Heating
Central, Electric
Interior features
Built In Features, Bathtub, Closet Cabinetry, Entrance Foyer, Eat In Kitchen, Living Dining Room, Main Living Area Entry Level, Other, Split Bedrooms, Shower Only, Bar, Walk In Closets, Pantry
Furnished
Negotiable

Exterior & Structure

Property type
Condominium
Year built
1984
Stories
7
Lot size
0 sq ft
Architectural style
Other, One Story
Roof
Other
Construction
Block
Exterior features
Balcony, Other
Pool
Automatic Chlorination, Other, Pool, Private, Heated
Waterfront
Intracoastal Access
View
Intercoastal, Ocean, Pool, Water

Parking

Garage spaces
2
Covered spaces
2
Parking features
Attached, Underground, Garage, Two Or More Spaces

HOA, Community & Financials

Association fee
$1,500 Monthly
Fee inclusions
Association Management, Common Area Maintenance, Pools, Recreation Facilities, Roof, Sewer, Security, Trash, Water
Amenities
Cabana, Clubhouse, Controlled Access, Fitness Center, Management, Maintenance, Pool, Elevators
Security
Building Security, Closed Circuit Cameras, Door Man, Fire Alarm, Intercom, Key Card Entry, Lobby Secured, Phone Entry, Smoke Detectors, Security Guard, Fire Sprinkler System
Pets allowed
No
Annual tax
$4,523
Subdivision
HILLSBORO OCEAN CLUB CONDO
County
Broward
Days on market
191
MLS listing ID
B26015822
Listing status
Active

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,324

Cap rate
4.1%
Net yield
4.1%
Cash-on-cash return
-5.7%
Gross yield
7.8%
Mortgage payment
$4,741/mo
Down payment
$250,000
Loan amount
$749,999
Annual NOI
$41,001

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