1715 S Surf Rd - Hospitality FOR SALE


Hollywood, FL 33019- Hollywood Beach-Quadoman
$9,000,000 USD
954-701-5246
1715 S Surf Rd, Hollywood, FL for Sale
$9,000,000 USD
Hospitality - FOR SALE
1/4
null | Request Cap Rate

1715 S Surf Rd
Hollywood, FL 33019
Hollywood Beach-Quadoman


HIGHLIGHTS

  • Operating hotel since 1992. Same owners. Business and hotel plus land.

OVERVIEW

This is your opportunity to own a prime ocean-front hotel, the Manta Ray, on Hollywood beach with a gorgeous view of the Atlantic Ocean. Step directly into the sand from the hotel to a ray of sunshine. A coastal city located in Broward County, Hollywood is nestled between Fort Lauderdale and Miami making this property a diamond of the Gold Coast! This property features a 12-unit boutique style two-story hotel, a hotel office, a parking lot to the south of the hotel and an adjacent vacant lot on the west side of Surf Road. Ten units are 1/1 mini studios (kitchen and living room) Two units are 2/2 studios (kitchen and living room). This hotel has had the same owners since 1992 with a great book of business and a staple tourist destination. This prime location is a rare find.

FOR SALE DETAILS

PRICE

$9,000,000 USD

PRICE/SF

$1,415 USD /SF

# OF ROOMS

11

PRICE/ROOM

$818,182 {currency}

CAP RATE

Request Cap Rate

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Manta Ray Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1959

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

8,002 SF

ZONING

RM-25

APN/PARCEL ID

51-42-24-02-0190,51-42-24-02-0250

ASK ABOUT THIS PROPERTY

Nicole HannaLoKation Real EstateMore Info
954-701-5246

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Nicole HannaLoKation Real EstateMore Info
954-701-5246

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