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955 Hillsboro Mile

Mike Manley Of AutoNation Acquires Single Family Home In Hillsboro Beach For $14.45M
SOLDSingle Family

Mike Manley Of AutoNation Acquires Single Family Home In Hillsboro Beach For $14.45M

955 Hillsboro Mile

$14,447,500

$1,618/SF

Building Size

8,928 SF

Asset Type

Single Family

Closing

Apr 8, 2025

AI

The property asset involved in this transaction is a single-family home located at 955 Hillsboro Mile in Hillsboro Beach. The sale price for the property was $14,447,500, with a total square footage of 8,928 and a price per square foot of $1,618. The asset encompasses 0.45 acres and features five bedrooms.

Summary of transaction details:

Mike Manley, serving as the CEO of AutoNation, was the buyer in this transaction, while Suellen Brown acted as the seller. The deal involved broker representations, with Joseph Beltrand representing the buyer and Heather Lefka representing the seller, further facilitating the sale process.

Players

Heather Lefka

Florida Luxurious Properties

Broker

$14.4M

vol

1 deal

Broker
A
AutoNationBuyer

Hillsboro Beach Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.10%

Cash-on-Cash

-0.31%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93