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$3,900,000
Total of 27 units on three parcels. majority of units equipped with kitchenettes. renovated in 2022, currently operating as a hotel. zoning allows for unlimited residential development density with a maximum building height of 14 stories. hollywood garden inn & suites: 18 rooms, built in 1955, 0.33 acres. residential assemblage 1 (1214 n 17 court): 6 rooms, built in 1946, 0.25 acres. residential assemblage 2 (1218 n 17 court): 3 rooms, built in 1952, 0.19 acres. hollywood garden inn & suites achieved over $550,000 in revenues in the past year, with some rooms offline due to renovations. over $1 million in renovations completed in 2022. strategic location with a high daily traffic count of 32,000 on north federal highway.Gelfand Realty Miami Properties for Sale - Income/MultiFamily for Sale
Back 1223 N FEDERAL HWY, HOLLYWOOD, FL 33020
Income/MultiFamily - for Sale
1223 N FEDERAL HWY, HOLLYWOOD, FL 33020
Asking Price$3,900,000
Share by:
- Lot size 14356sqft
- Taxes $28,932
- Year Built 1959
-
Days on market:
171 day(s) Original Price:
$3,900,000Tax Legal Description:
ST JAMES PARK SOUTH ADD 2-49 B LOT 1 LESS WLY 7 & THAT PT OF LOT 1 WHICH IS INCLUDED IN EXTERNAL AREA FORMED BY 15 RAD ARC TANGENT TO N/L,2-
MLS:
A11486289 -
Property Type:
Income/MultiFamily -
Parking:
Assigned -
Inclusions:
Fixtures,Furniture,Inventory
Construction Type:
Cbs ConstructionRoof:
ShingleFloor Description:
TileSpecial Listing Conditions:
SaleLot Features:
Other Location