Pre-construction oceanfront condominiums released at 1200 Hillsboro Mile

Online, February 9, 2010 (Newswire.com) - HILLSBORO BEACH, Fla. - The developer of 1200 Hillsboro Mile, the new ocean-to-Intracoastal condominium residences along the prestigious "Mile" in Hillsboro Beach, Fla., announces the release of 18 residences within a planned oceanfront building. The 11-unit building bordering the Intracoastal Waterway is already completed and partially sold and occupied.

"This is a wonderful opportunity to take advantage of pre-construction pricing directly on the ocean, especially because these condominiums provide exceptional value and there is no other new condominium construction taking place in this area, which is central to Fort Lauderdale and Boca Raton," said David DePaolo, executive vice president with West Seneca N.Y.-based Marrano/Marc Equity Corporation.

Nita Summers, associate broker at Keyes Company Realtors at Mizner Park in Boca Raton, the exclusive sales agent for 1200 Hillsboro Mile, concurs. "Our buyers recognize that they will never see prices like this again for prime waterfront property. In addition, the developer has secured access to financing for qualified buyers who want it."

The newly released oceanfront residences are offered at pre-construction price points from $1,295,000 to $1,995,000. The five remaining residences within the Intracoastal building are available for immediate occupancy, starting from $650,000 upward to $1,149,900.

Two floor plan options are offered at 1200 Hillsboro Mile, each with three bedrooms, two and one-half baths, more than 2,000 total square feet and large, covered terraces.

1200 Hillsboro Mile has completed amenities that include an Intracoastal dock for overnight visitors' boats; a pool, pool house and spa; a designer-furnished lobby; a club/media room with an outdoor entertainment deck; a fitness center; and private, deeded beach access.

Summers pointed out that monthly homeowners fees are very reasonable compared to fees charge in larger, full-service buildings. "This, too, is a draw for many of our buyers because they don't want to be strapped with exorbitant fees, particularly if 1200 Hillsboro Mile is
used as their vacation residence," she explained.

She was quick to point out that some buyers are living at 1200 Hillsboro Mile year round, while others are "snowflakes" who visit frequently, as well as investors who anticipate long-term financial gains from their purchases.

1200 Hillsboro Mile is situated in the town of Hillsboro Beach, a small peninsula just over three miles long. Though it has a quaint village residential feel, it is convenient to world-class restaurants, shopping and entertainment. In 30 minutes or less, residents can be at the Fort Lauderdale/Hollywood International Airport, Port Everglades, or the Boca Raton Town Center mall.

For more information, call (954) 418-8033, or visit www.1200hillsboromile.com.
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