For Sale
1010 Federal Hwy, Hollywood, Florida 33020
$8,000,000
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.
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Details
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Property Type: Commercial
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Property SubType: Hotel/motel
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Listing Type: For Sale
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Listing ID: A11507789
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Price: $8,000,000
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View: Intercoastal,ocean,pool
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Bedrooms: 0
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Bathrooms: 0
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Half Bathrooms: 0
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Square Footage: 0 Sqft
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Year Built: 1955
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Status: Active
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Original Property Type: Commercial Sale
Features
Location
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Country US
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State FL
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County Broward County
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City Hollywood
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Zipcode 33020
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Neighborhood: Hollywood
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Street: Federal Hwy
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Street Number: 1010
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Floor Number: 0
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Longitude: W81° 51' 1.8''
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Latitude: N26° 0' 40.3''
Additional Info
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Stories: 2
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UnBranded Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11507789
