$19,500,000
SOLD APR 3, 2025
1.1 Acres
$17,727,273 Price per Acre
47,916 Sq Ft Lot

Recently Sold

$3,140 Per Sq Ft

20% Below List Price

41 Days on Market

Highlights

  • Ocean Front
  • 1.1 Acre Lot
  • No HOA
  • Deeded Boat Dock
  • Partially Wooded Lot

About This Lot

As of April 2025

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!

Last Agent to Sell the Property

Jared Dunson

SOFLO Homes License #3280866

Last Buyer's Agent

Heather Lefka

Florida Luxurious Properties License #3341789

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $209,791

Lot Details

  • 1.1 Acre Lot
  • 160 Ft Wide Lot
  • Ocean Front
  • Property fronts an intracoastal waterway
  • East Facing Home
  • Cleared Lot
  • Partially Wooded Lot
  • Property is zoned RS-2

Utilities

  • Underground Utilities
  • Cable TV Available

Additional Features

  • Direct Ocean Views
  • Flood Zone Lot

Listing and Financial Details

  • Assessor Parcel Number 484320000090

Community Details

Overview

  • No Home Owners Association
  • Hillsboro Mile Condos
  • Hillsboro Mile Subdivision

Recreation

  • Property has ocean access
  • Deeded Boat Dock

Property Details

Property Type

Land

Est. Annual Taxes

$209,791

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Horses: No
  • Inclusions: Deeded Beach Access,Private Dock, Dock Owned/Included,Electric Available,Over 101 Ft Boat,Private Dock,Water Available
  • Lot Size Acres: 1.1
  • New Construction: No
  • Structure Type: Residential
  • Subdivision Name: Hillsboro Mile
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Investment

Exterior Features

  • View: Direct Ocean, Ocean View
  • Direction Faces: East
  • Lot Features: Lot Located In A Flood Zone, 1 To Less Than 2 Acre Lot, Build To Suit, Cleared, Street Lights, Waterfront Bulkhead
  • Other Structures: None
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Front, Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Hillsboro Mile

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Underground Utilities, Water Connected, Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Trash Removal, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 484320000090
  • Additional Parcels: No
  • Current Use: Residential, Check Land Use Plan
  • Development Status: Unrecorded Plat
  • Lot Size Sq Ft: 47823
  • Zoning: RS-2
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 209791

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2025 04/03/25 Sold $19,500,000 -20.4% $3,140 / Sq Ft
03/02/2025 03/02/25 Pending -- -- --
01/20/2025 01/20/25 For Sale $24,500,000 +75.3% $3,945 / Sq Ft
04/02/2021 04/02/21 Sold $13,975,000 -12.7% $2,250 / Sq Ft
03/03/2021 03/03/21 Pending -- -- --
09/28/2020 09/28/20 For Sale $16,000,000 +60.0% $2,576 / Sq Ft
02/28/2019 02/28/19 Sold $10,000,000 +5.3% $1,610 / Sq Ft
01/29/2019 01/29/19 Pending -- -- --
10/12/2017 10/12/17 For Sale $9,495,000 -- $1,529 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $209,791 $11,804,650 $11,804,650 --
2024 $212,798 $11,804,650 $11,804,650 --
2023 $212,798 $11,804,650 $11,804,650 $0
2022 $209,204 $11,804,650 $11,804,650 $0
2021 $161,630 $9,097,330 $9,097,330 $0
2020 $161,089 $9,097,330 $9,097,330 $0
2019 $123,165 $8,646,110 $8,646,110 $0
2018 $92,914 $5,239,400 $5,239,400 $0
2017 $94,568 $5,239,400 $0 $0
2016 $97,112 $5,239,400 $0 $0
2015 $92,603 $4,850,460 $0 $0
2014 $90,136 $4,541,360 $0 $0
2013 -- $4,128,510 $4,128,510 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $6,500,000 Stand Alone First
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $19,500,000 None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $13,975,000 Lawyers 1St Title Company
Warranty Deed $10,000,000 Attorney
Trustee Deed -- Attorney
Personal Reps Deed $5,500,000 Attorney
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11728248

MIAMI REALTORS® MLS

APN: 48-43-20-00-0090