17
Map
$69,500,000
●
House -
For Sale
997 HILLSBORO MILE
Hillsboro Beach, FL 33062
7 Beds
8 Baths,
3
Half Baths
16,146 Ft²
$358,690
Est. Monthly
About This Property
Rare ocean-to-Intracoastal estate on Hillsboro Beach's famed
Millionaire's Mile. Architecture by renowned Affinity Architects,
built by luxury builder Bomar Builders, with refined interiors by
acclaimed Dunagan Design. Over an acre with 160 ft of ocean
frontage, a private beach walk, and 160 ft of deepwater
Intracoastal with a concrete dock for a large yacht. 16,146 sq ft,
7 bedrooms, 8 full and 3 half baths, panoramic water views. Bar in
the open living and dining room, club room, scullery and pantry.
Primary suite with sitting room, dual baths, dual closets and a
covered loggia. Heated salt pool, summer kitchen, cabana bath,
sunken seating and two-way fireplace. The town has its own police
with car, beach and marine patrols. Renderings are artist's
conceptions.
Unit Size
16,146 Ft²
Days on Market
45 days
Land Size
1.10 acres
Price per sqft
$4,304
Property Type
House
Property Taxes
$17,433
HOA Dues
-
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 months ago (Beaches MLS #B26081280)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 28, 2026 | Listed by Florida Luxurious Properties | $69,500,000 | |
| Listed by Florida Luxurious Properties | |||
| Apr 3, 2025 | Sold | ||
| Sold | |||
| Mar 2, 2025 | In contract | - | |
| In contract | |||
| Jan 20, 2025 | Listed | $24,500,000 | |
| Listed | |||
| | |||
|
Discover a rare opportunity with 160 feet of ocean frontage and direct Intracoastal access at 997 Hillsboro Mile. This impressive vacant lot, spanning 47,823 square feet, is nestled on the exclusive south end of Hillsboro Mile, one of only 60 properties. Enjoy breathtaking, unobstructed ocean and Intracoastal views from this high-elevation site, perfect for developing a luxurious oceanfront compound. The seller offers the option to build a stunning seaside estate, with proposed renderings included in the listing. Ideal for beach and boating enthusiasts, the property features a newly completed 100'+ concrete dock suitable for a mega-yacht. This is the ultimate oceanfront mansion location. Visit today to envision your dream estate!
| |||
| Apr 6, 2021 | Sold | ||
| Sold | |||
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Property Highlights
Air Conditioning
Fireplace
Elevator
Garage
Parking Available
With View
Parking Details
Has Garage
Attached Garage
Has Carport
Has Open Parking
Parking Features: Attached Carport, Attached, Circular Driveway, Concrete, Covered, Carport, Garage, Garage Door Opener
Garage Spaces: 8
Interior Details
Half Bathrooms: 3
Full Bathrooms: 8
Interior Features: Breakfast Bar, Built-in Features, Entrance Foyer, Eat-in Kitchen, Elevator, High Ceilings, Kitchen Island, Pantry, Storage, Soaking Tub, Vaulted Ceiling(s), Bar, Walk-In Closet(s), BreakfastArea, Bathtub, DualSinks, FamilyDiningRoom, LivingDiningRoom, MultipleEnSuiteBathrooms, SittingAreaInPrimary, SeparateShower
Appliances: Cooktop, Dishwasher, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Freezer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Washer, Oven, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Water Heater, Wine Refrigerator, Washer
Flooring Type: Marble, Other, Wood
Laundry Features: Main Level, Laundry Room, Upper Level
Rooms: 3
Has Fireplace
Fireplace Features: Double Sided, Gas
Exterior Details
Square Footage: 16146
Square Footage Source: $0
Security Features: Carbon Monoxide Detector(s), Fire Alarm
Property Condition: To Be Built
Architectural Style: Contemporary
Year Built: 2028
Waterfront Features: Ocean Access, Ocean Front, Seawall, IntracoastalAccess, NoFixedBridges, ShorelineSand
Building Area Total: 26284
Levels: Three Or More
Window Features: Skylight(s), Storm Window(s), Tinted Windows, Sliding
Construction Materials: Blown-In Insulation, Block, Ducts Professionally Air-Sealed, Foam Insulation, ICAT Recessed Lighting, Low VOC Insulation, Concrete, Stone Veneer, Stucco, MetalFrame
Patio and Porch Features: Patio, Open, Balcony
Pool Features: Gas Heat, Heated, In Ground, Other, Salt Water, Concrete, PoolEquipment, OutsideBathAccess
Pool is Private
Lot Features: OneToTwoAcres, OversizedLot, SprinklerSystem
Lot Size Area: 47916
Lot Size Units: Square Feet
Lot Size Acres: 1.1
Lot Size Square Feet: 47916
Lot Size Dimensions: 160x298
Water Source: Public
Financial Details
Tax Assessed Value: $16,993,680
Tax Annual Amount: $209,196
Utilities Details
Cooling Type: Central Air, Electric, ENERGY STAR Qualified Equipment
Heating Type: Central, Electric
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Hillsboro Beach
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$5,000 /mo
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Listed by: Heather C Lefka
Florida Luxurious Properties
Last Updated: 2 months ago
Data Source: Beaches MLS, MLS# B26081280
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
Florida Luxurious Properties
Last Updated: 2 months ago
Data Source: Beaches MLS, MLS# B26081280
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