Overview
- CommercialSale
- 12211.0
- 1955
Description
Welcome to an outstanding investment opportunity located in Hollywood. This property features a 30-room hotel, currently in operation and delivering an impressive return of 7.6%. Its distinctive Art Deco style adds a touch of timeless elegance to the vibrant surroundings.
In addition to the 30 rooms, it has an impressive swimming pool, two storage rooms and new roof.
Strategically located on S Federal Highway, this property benefits from high visibility and accessibility, making it an attractive destination for both business and leisure travelers. Close to Arts park, restaurants, shops, bars, clubs and 5 minutes away from the beach.
Positioned for future growth, this property offers various possibilities for expansion or adaptation to evolving market trends.
Address
Open on Google Maps- Address 1010 S Federal Hwy
- City Hollywood
- State/county FL
- Zip/Postal Code 33020
- Country United States
Details
Updated on January 5, 2024 at 10:07 pm- Property ID: HZ15227625
- Price: $8,000,000
- Property Size: 12211.0 Sqft
- Land Area: 21058.0 Sqft
- Year Built: 1955
- Property Type: CommercialSale
- Property Status: For Sale
- MLS#: A11507789
- Office Name: BEACHFRONT REALTY INC
- Agent Name: Marilina Apfelbaum
- MLS Status: Active
Additional details
- Tax Annual: 76752
- County: Broward County
- Property SubType: HotelMotel
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