Hillsboro Beach Resort, a 95-key property with over 100 feet of oceanfront and private beach ideally located along Hillsboro Beach's renowned "Millionaire's Mile.
Reimagined 95-Room Boutique Hotel
an Oceanfront Gem in South Florida
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Investment Highlights
PROPERTY SUMMary
95
Rooms
GALLERY
Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage company business in Nevada.
© 2023 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by the Tax Credit Syndication group. For state licensing details for the above entities, visit www.berkadia.com/licensing.
SCOTT WADLER
Managing Director
786.646.2595
scott.wadler@berkadia.com
KYLE STEVENSON
Managing Director
786.646.2591
kyle.stevenson@berkadia.com
investment sales
mortgage banking
Miami Office
1111 Brickell Avenue
Suite 1650
Miami, FL 33131
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02
03
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THE OFFERING
Contact us
1159 Hillsboro Mile | Hillsboro Beach, FL 33062.
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HILLSBORO
BEACH RESORT
Highly attractive Landlord-friendly in-place master lease agreement ensures steady stream of cashflow for a new owner
The thoughtfully designed units at The Aver offer contemporary finishes, gourmet kitchens fitted with smart fridges, and a washer/dryer in every unit. Community amenities include surface parking, bike storage, ground-floor retail space, and immediate access to the 23-mile Charles River Pathway.
Recent $22 million transformative renovation
Premier oceanfront location along the Hillsboro “Millionaire's Mile” with over 100 feet of private beach access
High barrier to entry Submarket with limited supply and no competitive hotels under development
Top lodging market with robust RevPAR Growth
1989
Opened
2021
Renovated
2,140 SF
Meeting Space
1.33 AC (Two Parcels)
Site Area
Fee Simple / Non-Union
Ownership / Labor
Sonder Lease Encumbered
Management
On-site restaurant
(3rd Party Management)
Gift Shop
Food & Beverage
100+ ft
Oceanfront
Direct Beach Access
Intercoastal Dockage, Pool, Gift Shop
Business Center, Fitness Center
Amenities
77 spaces
Parking
HILLSBORO
BEACH RESORT
MICHAEL BASINSKI
Vice President Originations
561.609.4018
michael.basinski@berkadia.com
JOHN TESTERMAN
Senior Director
919.436.2793
john.testerman@berkadia.com
HARRY M. MANCERA
Senior Financial Analyst
786.646.2583
harry.mancera@berkadia.com
LARISSA ISENBERG
Senior Financial Analyst
602.997.3817
larissa.isenberg@berkadia.com
