326 Coolidge St - Hospitality FOR SALE


Hollywood, FL 33019- Hollywood Beach-Quadoman
$3,780,000 USD
305-606-7909
326 Coolidge St, Hollywood, FL for Sale
$3,780,000 USD
Hospitality - FOR SALE
1/33
null | 6% Cap Rate

326 Coolidge St
Hollywood, FL 33019
Hollywood Beach-Quadoman


HIGHLIGHTS

  • 326 Coolidge Street is a unique hospitality investment that offers 11 units and a consistently healthy occupancy rate.
  • Centrally located just steps from the Hollywood Beach oceanfront and providing quick access to the Hollywood Beach Boardwalk, US Hwy 1, and I-95.
  • Premier location approximately 20 minutes south of Fort Lauderdale-Hollywood International Airport and surrounded by tourist demand drivers.
  • Tourism is the state’s primary industry; over 140 million visitors traveled to Hollywood in 2023 and spent over $121 billion.
  • Nearby attractions within a 10-mile radius include Shell Bay Club, Anne Kolb Nature Center, South City Beach Park, Charnow Park, and more.

OVERVIEW

Investment Opportunity: The Beach Tide Hotel Discover a prime investment in Hollywood Beach with The Beach Tide Hotel, a charming tropical retreat just steps from the ocean. This well-established property features 11 units, including 5 spacious suites, 5 cozy studios with full kitchens, and an additional standard hotel room, making it a versatile income-generating asset. With a solid cap rate of over 6% and year-round high occupancy rates, this hotel boasts revenue potential exceeding $350K. The serene environment is complemented by 11 electric meters, 12 restrooms, and ample parking with 11 dedicated spots. Additional features include a separate office building, on-site laundry with 2 washers and dryers, floor storage, and an extra storage shed. Having completed a 50-year certification, this property is ready for its next chapter. Located near the vibrant Hollywood Beach Boardwalk and Margaritaville, it’s perfectly positioned for leisure and tourism. Plus, with proximity to major airports and Miami’s world-class entertainment, this oasis is a standout investment. With zoning that allows for the development of up to 25 residential or lodging units, the Beach Tide Hotel presents exceptional growth potential. Seize this opportunity to invest in a flourishing market today!

FOR SALE DETAILS

PRICE

$3,780,000 USD

PRICE/SF

$722 USD /SF

# OF ROOMS

10

PRICE/ROOM

$378,000 {currency}

CAP RATE

6%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tourist Hotspot | Near US Hwy 1 & I-95

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1974

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,301 SF

ZONING

BRT-25-R

APN/PARCEL ID

51-42-12-02-0640

ASK ABOUT THIS PROPERTY

Barbara VeitchGalleria International RealtyMore Info
305-606-7909

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Barbara VeitchGalleria International RealtyMore Info
305-606-7909

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