Two sections of oceanfront land in wealthy Hillsboro Beach are being offered for sale by SVN Moecker Realty Auctions as part of a bankruptcy case.
The land is valued by the Broward County Property Appraiser at just over $50 million, although the broker hopes to score an even higher price. It’s zoned residential and part of it could have multifamily.
The property along Hillsboro Mile was part of a Chapter 11 filing in September 2015 by eight companies owned by homebuilder John B. Kennelly. The… …read more
From:: biz journal foreclosures