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Hillsboro Related

Cashflow In Miami
January 31, 2022

Related and Dezer are Moving Forward with Oceanfront Hillsboro Development!

1174-1185 Hillsboro Mile

The Related Group and Dezer Development obtained approval for a condo along the Atlantic Ocean and the Intracoastal Waterway in Hillsboro Beach.

The Town Council approved plans on Jan. 11 for the project at the 11.8-acre site on 1174-1185 Hillsboro Mile. It is one of the few vacant parcels in the wealthy coastal town that’s available for multifamily development.

An affiliate of Miami-based Related Group acquired the property for $30 million in late 2020, while Sunny Isles Beach-based Dezer Development retained an interest in the project.

The 100 condos would range from 2,800 square feet with two bedrooms to 5,500 square feet with four bedrooms. All of the condos on the east parcel would have ocean views. Prices will likely start in the $3 million range. Amenities will include up to 11 boat slips on the Intracoastal side and a tennis center. Miami-based Arquitectonica designed the project.

The Related Group will start sales by the end of March and aims to break ground by the end of 2022.

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