Hillsboro Mile LLC Purchases 9,838 Square Foot Mansion From Asa Lena Loof For $27.75M

A 9,838-square-foot single-family property located at 1091 Hillsboro Mile in Hillsboro Beach, FL, was sold for $27.75 million. The asset spans 1.36 acres and features ocean-to-Intracoastal views. The price per square foot for this transaction is $2,821.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $27,750,000
• Address: 1091 Hillsboro Mile
• Market: Hillsboro Beach, FL
• Square Footage: 9,838
• Acres: 1.36
• Price per Square Foot: $2,821
• Buyer: Hillsboro Mile LLC
• Seller: Asa Lena Loof - Swedish Women’s Educational Association International
• Buyer's Representative: Mark Lang - Illustrated Properties
• Seller's Representatives: Jill Hertzberg & Jon Mann - The Jills Zeder Group - Coldwell Banker

This transaction involved a trust tied to Asa Lena Loof selling the property, which brokers indicated is likely to be demolished. The waterfront site is being repositioned for a new ultra-luxury build, reflecting the strong demand for newly constructed coastal estates in South Florida.