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Property 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.rnIn addition to the 30 rooms, it has an impressive swimming pool, two storage rooms and new roof.rnStrategically 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. rnPositioned for future growth, this property offers various possibilities for expansion or adaptation to evolving market trends.

Address Map
FL
Broward County
Hollywood
33020
1010 S Federal Hwy
W81° 51' 24.6''
N26° 0' 10.3''
MLS Addon
1
Sale
2
Hotel
$76,752
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FH-2
1
04/01/2024 18:15:34

1010 S Federal Hwy, Hollywood, Florida 33020

$8,000,000
21,058 size sq.ft.
Listing ID #A11507789
Basic Details
Property Type Commercial Sale
Listing Type For Sale
Listing ID A11507789
Price $8,000,000
Year Built 1955
Days on Market 0
Building Area 12,211
Status Active
Property SubType Hotel/motel
Lot Area 21,058 Sqft
List Date 2024-01-05
On Market Date 04/01/2024
Elena Beck
MiamiInvestrealty
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