The Single Most Expensive Residential Lot on Hillsboro Mile Sells For $10 Million
WASHINGTON, D.C. – June 26, 2015 – (RealEstateRama) — Today, Whitaker Realty and Todd Kirkpatrick closed on the ultra luxury property at 923 Hillsboro Mile. Located in a high-end neighborhood tucked between the ocean and the Intracoastal Waterway, this 92,000 SF property boasts the highest ever price tag for a single buildable lot on Hillsboro Mile.
Hillsboro Mile, which is often referred to as “Millionaires Mile,” is a very special stretch of land, a hidden gem, tucked away between Palm Beach and Miami.
According to broker Todd Kirkpatrick, “lots with half of the square footage as this property have recently sold in the $6 to $6.5 million dollar range. With the incredibly low amount of inventory on Hillsboro Mile, the sale of 923 Hillsboro Mile was a great opportunity for the buyer at the current sales price.”
This is because 923 Hillsboro Mile is the deepest lot on Hillsboro Mile, consisting of 125 feet of direct oceanfront and almost 140 feet of direct Intracoastal. The buyer of this property will have the opportunity to build anything from a smaller beach home and guest house to a grand estate and have the privacy and set back needed for a true estate home.
“No matter what size estate is built on the property, the owner is insured privacy and lush landscape between the road and ocean,” says Kirkpatrick.
Upon the closing of 923 Hillsboro, the adjacent property at 925 Hillsboro Mile will be the deepest lot on Hillsboro Mile available with a listing price of $10,250,000. This property is more than twice the depth of the $139 Million spec home just three lots to the north that fronts Hillsboro Mile.
“It is one of the few places that you dock your large yacht on the Intracoastal, dip your feet in the warm Atlantic Ocean, and enjoy everything from Palm Beach to the north and Miami to the south,” says Kirkpatrick.
The Sales Team for the Hillsboro Mile property includes Todd Kirkpatrick, Melissa Carbonell, Steve Whitaker and Chad Whitaker. All the details on 923 and 925 Hillsboro Mile are available at http://www.hillsboromile4sale.com/.
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To schedule an interview with Whitaker Realty or Todd Kirkpatrick, please contact Robin Prywes of Exposed PR at 301.509.5995 or robin (at) madstudios (dot) net. For a private showing of 925 Hillsboro Mile, please contact Todd Kirkpatrick directly.
Whitaker Realty is a powerful boutique firm located on the Las Olas Isles specializing in luxury homes and investment opportunities in the Hillsboro Mile, Las Olas, Harbor Beach, and Rio Vista communities. The company prides itself on outstanding customer service and comprehensive knowledge of the area. For more information visit www.w-realty.com.
