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$12,999,000

Beds
4
Baths
4.5
sq ft
7,986

1021 Hillsboro Mile Unit RG, Hillsboro Beach, FL 33062

1021 Hillsboro Mile Unit RG

Hillsboro Beach, FL 33062

  • 7 days on market
Sky Palace—one of South Florida’s largest penthouses with 8k sq ft of private living area plus an additional 5k+ sq ft of balcony. Own the 16th floor with jaw-dropping 360° views of the ocean, Intracoastal, Boca Raton, Ft. Lauderdale, Miami and your billionaire neighbors. Park your mega-yacht at the private 106’ dock, minutes to the Hillsboro Inlet and ocean. Unrivaled in size & privacy, this icon—built for Vice President Hubert Humphrey—comes priced with state-of-the-art, top-to-bottom renovations from Zahn Development. Minutes to executive airport, award winning restaurants, championship golf, and shopping. More than a home—this is elite living redefined.

Details

Property type

Condominium

Est. home value

$6,744,676

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$1,628

Year built

1984

Annual property taxes

$50,328

Monthly HOA fee

$5,864.33

Price History

02/24/2025
SEF

SEF #A11740260

Listed
$12,999,000
+178.35%
11/04/2024
Beaches

Beaches #R10912340

Removed
$4,670,000
08/17/2024
Beaches

Beaches #R10912340

Price change
$4,670,000
-3.11%

Schools & Community

Elementary school: 

Cresthaven

Middle school: 

Crystal Lakes

High school: 

Deerfield Beach

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$11,772,161
Asking price
$12,999,000
Closing costs (~8% of asking)
-$1,039,920
Est. remaining loan balance
-$186,919
Cash to seller
$11,772,161

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Waterstone Mortgage Corp

Loan start date

January 2022

Original loan amount

$200,000

Est. remaining balance

$186,919

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Phillip Nathan Thornberry

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/04/2025 at 12:10 AM

Listing updated: 02/24/2025 at 3:15 PM

Listed by: Rory Reiff, Compass Florida, LLC. Phone #: (305) 851-2820

MLS: SEF #A11740260

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