Overview

Closing Costs Calculator
  • Status: Closed
  • Bed(s) No info
  • Bath(s)
  • Half Bath(s) 0
  • Parking No info
  • Size: 2,640 ft2/245.26 m2
  • Price Per: $606.06 ft2/$6,523.58 m2
  • Type: Commercial/Investment
  • Built: 2001
  • HOA: No info
  • MLS Number: RX-10885671
  • View No info
  • On Site: 362 days
  • Updated: 310 Days Ago
  • Page Views: 0

Freestanding commercial building situated on the northwest corner of Dixie Hwy and Hillsboro Blvd. Built in 2001, this property contains a 2620 sq. ft building with excellent visibility to heavy traffic on Hillsboro Blvd. Close to I-95 and downtown Deerfield Bch. Located in the B1 Zoning district. The tenant has operated at the premises for many years and the lease is NNN. Lease expires 12/31/2025 with one 5-year option to renew. Cap rate is approx. 5.4% at asking price. Base rent is currently $7,182.81 (plus est. expenses) and increases 4% per year during the current term. Base rent for the entire option term would be $8,496.76. Seller prefers due diligence period of 15 days and closing 15-21 days after due diligence period.

Have Questions?

Price History

DateEventPriceChange RatePrice Per
06/20/2023Sold$1,500,000.006.3%$568.18 ft2/$6,115.86 m2
04/29/2023Listed$1,600,000.00$606.06 ft2/$6,523.58 m2

Features

Property Details for 1 W Hillsboro, Deerfield Beach, FL 33441

Commercial/Investment current status is Closed, 1 W Hillsboro is a Commercial/Investment in , Deerfield Beach, FL 33441 with property MLS ID# RX-10885671. This Commercial/Investment has been listed on Best of Luxury Realty since May 01, 2023 and is currently priced at 1,600,000. This property was built in 2001.
SHOW MORE

Nearest Schools

Select Community

Select Another City

Deerfield Beach, FL Nearby Cities

Hillsboro Beach
46 listings
$319,000 - $15,800,000
Lighthouse Point
121 listings
$153,000 - $19,950,000
Boca Raton
1,357 listings
$105,000 - $45,000,000

Mortgage Calculator

Property Price:
$1,600,000.00
Initial Payment:
Interest Rate:
Loan Term (in Years):
Mortgage Payment:
Get Pre-Qualified

Area Specialist

Buyer/Tenant Etiquette
Tracey Schmitt
Tracey Schmitt, Broker
Best of Luxury Realty
Phone: (305) 407-1657

Tracey Schmitt is the principal Broker for Best of Luxury Realty, a boutique real estate brokerage, serving Miami-Dade, Broward & Palm Beach counties. Her motto is "100% Loyalty, 100% of the Time!" Tracey and her team of real estate professionals are ready to assist whether you are looking to Buy or to Sell, we would like to earn your business!

More Info

Request More Details

In order to better assist our clients, we need to know as much as possible relating to: you, your situation, your needs, what you are looking for, and how we can best assist you. Please be as detailed as possible, for if you are vague, we may miss something - thus, not providing the best service possible. Your satisfaction is our top priority. Thank you and we look forward to earning your business.

This property is courtesy of the Preferred Properties Intl.,Inc. This listing has been viewed 0 times. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Special Markers:

*Just Listed: New properties that came on the market within the last 15 days.
*Decrease/Increase: Listing values that are being calculated based on recorded price changes.
*Foreclosures/Short Sale: Please note, all properties are subject to bank approval. Buyers must be pre-approved or show proof of funds before submitting an offer.