1010 S Federal Hwy - Hospitality FOR SALE


Hollywood, FL 33020
$8,000,000 USD
305-859-1606
1010 S Federal Hwy, Hollywood, FL for Sale
$8,000,000 USD
Hospitality - FOR SALE
1/16
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1010 S Federal Hwy
Hollywood, FL 33020


OVERVIEW

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 and two storage rooms. 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. Positioned for future growth, this property offers various possibilities for expansion or adaptation to evolving market trends.

FOR SALE DETAILS

PRICE

$8,000,000 USD

PRICE/SF

$473 USD /SF

# OF ROOMS

30

PRICE/ROOM

$266,667 {currency}

CAP RATE

7.6%

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Beach & Town Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1955

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

FH-2

APN/PARCEL ID

51-42-22-10-2100

ASK ABOUT THIS PROPERTY

Keith DarbyRise RealtyMore Info
305-859-1606

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Keith DarbyRise RealtyMore Info
305-859-1606

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.