-
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.,
, HOLLYWOOD SOUTH SIDE ADD NO 2 3-17 B LOT 16 LESS E 7 & LESS PT INC IN EXT AREA FORMED BY 15 FT RAD ARC WHICH IS TANG TO N/L & TANG TO LINE 7
FEATURES- Building Area Total 12211
- Building Area Units Square Feet
- City Hollywood
- Contract Status Change Date 2024-01-04 00:00:00
- County Or Parish Broward County
- Latitude 26
- List A O R A-Miami Association of REALTORS
- List Price 8000000
- Living Area Units Square Feet
- Longitude -80
- Lot Size Square Feet 21058
- Lot Size Units Square Feet
- Major Change Type New
- Mls Status Active
- On Market Date 2024-01-04 00:00:00
- Original List Price 8000000
- Originating System Name miamire
- Parcel Number 514222102100
- Postal Code 33020
- Postal Code Plus4 6026
- Property Sub Type Hotel/Motel
- Property Type Commercial Sale
- Public Survey Range 51
- Public Survey Section 22
- Public Survey Township 51
- Standard Status Active
- State Or Province FL
- Stories 2
- Stories Total 2
- Tax Legal Description HOLLYWOOD SOUTH SIDE ADD NO 2 3-17 B LOT 16 LESS E 7 & LESS PT INC IN EXT AREA FORMED BY 15 FT RAD ARC WHICH IS TANG TO N/L & TANG TO LINE 7
- Unparsed Address
1010 S Federal Hwy
Hollywood FL 33020 - Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/mia/A11507789
- Year Built 1955
- Zoning FH-2
Tracy Mani
LISTING AGENT
Listing Provided by:
Marilina Apfelbaum
Beachfront Realty Inc
The multiple listing information is provided by Miami Association of REALTORS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©️2019 Miami Association of REALTORS. All Rights Reserved.
The information provided is for consumers’ personal, non- commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
