Basics
Date added Added 1 month ago | Category Hotel/Motel | Type Commercial Sale | Status Active |
Lot size, sq ft 21058 sq ft | Year built 1955 | ListOfficeName Beachfront Realty Inc | ListAOR Miami Association of REALTORS® |
MLS ID A11507789 |
Description
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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.
Location
- CountyOrParish: Broward County
Building Details
- NewConstructionYN: No
Video
- Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11507789
Amenities & Features
- Waterfront available: No
- GarageYN: No
- AttachedGarageYN: No
- CoolingYN: No
- PoolPrivateYN: No
- FireplaceYN: No