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Property profile & analytics
OFF-MARKET
Estimated value
$16,305,000
Hotels
1159 Hillsboro Mile Hillsboro Beach, FL 33062-1700
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US18-1654785
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2021
Construction
CONCRETE
Total area
60,671 SF
Lot
0.92 ac (40,288 SF)
Zoning code
RM-30
APN
48-43-08-12-0010
UPID
US18-1654785
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$15.17M
Blend (final)
Blend
$16.31M
Owner & transaction history
1159 Hillsboro Mile LLC · 9 yrs held
1159 Hillsboro Mile LLC
since 2017
7 recorded transactions
Zoning & alternative use
RM-30 · Hillsboro Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Hillsboro Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hillsboro Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$16.31M
Range $14.67M – $17.94M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$269 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$724,120
Tax year 2023
Assessed value
$22,707,880
Assessed 2023
Previous assessed
$22,707,880
+0.0% YoY
Effective rate
3.19%
On assessed value
Assessed land
$6,365,500
Assessed improvement
$16,342,380
Land market value
$6,365,500
Improvement market value
$16,342,380
Total market value
$22,707,880
Applied tax rate
1,311.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2021
Construction
CONCRETE
Heating
NONE
Cooling
YES
Buildings
2
Stories
6
Units
81
Total area
60,671 SF
Lot
0.92 ac (40,288 SF)
Zoning code
RM-30
APN
48-43-08-12-0010
UPID
US18-1654785
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
RM-30 · Hillsboro Beach, FL
Zoning RM-30 · permitted uses
RM-30 · Hillsboro Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hillsboro Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2021
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
6
Buildings
2
Units
81
Lot
0.92 ac
Current owner
From public records · entity-resolved
1159 Hillsboro Mile LLC
Entity
Mailing address
819 NE 2ND AVE #500, FORT LAUDERDALE, FL 33304-1934
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2022
—
Bnh IV Hm Tri LLC
—
Deed
related
$20,000,000 · Emerald Creek Capital 3 LLC
Sep 9, 2020
—
1159 Hillsboro Mile LLC
—
Deed
related
$15,000,000 · Miof Credit 1 LLC
May 1, 2017
$13,500,000
1159 Hillsboro Mile LLC
Oceanside Mile LLC
Warranty Deed
$11,000,000 · Miof Credit LLC Miof Credit LLC
Aug 14, 2009
—
Oceanside Mile LLC
—
Trustees Deed
related
$6,500,000 · Sun American Bank
Jan 8, 2008
—
Oceanside Mile LLC
—
Trustees Deed
related
$6,500,000 · Sun American Bank
Jan 19, 2007
$10,450,000
Oceanside Mile LLC
Tenacity Seabonay LLC
Grant Deed
$6,000,000 · Tomatobank NA
Apr 27, 2005
$7,000,000
Tenacity Seabonay LLC
Kivi South LLC
Grant Deed
—
—
—
Oceanside Mile LLC
—
Deed Of Trust
related
$5,202,000 · Stonegate Bk
—
—
1159 Hillsboro Mile LLC
—
Loan Modification
related
$15,000,000 · Miof Credit 1 LLC
—
—
Tenacity Seabonay LLC
—
Deed Of Trust
related
$6,816,988 · Capitalsource Finance LLC
—
—
Oceanside Mile LLC
—
Deed Of Trust
related
$2,000,000 · Mayo Group LLC
—
—
Oceanside Mile LLC
—
Deed Of Trust
related
$6,500,000 · First Citizens Bank & Trust Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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