Price Reduction
Address
Not Disclosed Hollywood, FL
Price
$ 4,900,000
Property Attributes
  • MLS#A10896080
  • TypeCommercial
  • CountyBROWARD
  • CityHollywood
  • Area3010
  • Zip33019
  • StyleHotelMotel
  • Year Built1956
  • Taxes35697
  • Price$ 4,900,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5100
  • Lot Size10,361 SqFt
Listing Provided Courtesy Of:
Charles Rutenberg Realty Fort
Property Description

TURNKEY HOTEL IN PRIME HOLLYWOOD BEACH LOCATION ON THE BEACH AND BROADWALK. LOT SIZE IS MORE THAN 10,000SF. TOTAL BUILDING SIZE IS 5,100SF. 18 ROOMS (1 MANAGING OFFICE) FULLY OPERATING HOTEL/MOTEL AND 11 PARKING SPACES IS FOR SALE. GREAT INCOME PROPERTY ALWAYS ALMOST FULLY BOOKED WITH ATTRACTIVE CAP RATE!!! GREAT OCCUPANCY RATES IN HIGH SEASON. WELL KEPT AND FAMILY OWNED AND OPERATED. RESTAURANTS, SHOPS, AND ENTERTAINMENT AROUND THE CORNER. PROPERTY IS GREAT FOR REDEVELOPMENT!!!

Price History
7/21/2020 Listed $5,500,000
9/30/2020 11% - $4,900,000

General Features

Flooring CeramicTile
MLS Area 3010
Ownership Corporation
Parking Features Guest, OnStreet
Property SubType HotelMotel
Property Type CommercialSale
Sewer PublicSewer
Special Listing Conditions CorporateListing
Structure Type HotelMotel
Terms Cash
Total Units 18

Exterior Features

Building Area Total 5100.0
Covered Spaces 0.0
Lot Size Area 10361.0
Lot Size Square Feet 10361.0
Number of Buildings 3
Road Frontage Type CityStreet
Total Parking 11.0
Water Source Public
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 33019

Price
AVG $2.66M
$4.9M
Taxes
AVG $26,207
$35,697
Visits
AVG 51
84
Year Built
AVG 1976
1956

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