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Asking Price$5,100,000

  • Lot size 10361sqft
  • Taxes $34,878
  • Year Built 1956
  • Days on market:

    213 day(s)
  • Original Price:

    $5,100,000
  • Tax Legal Description:

    HOLLYWOOD BEACH FIRST ADD 1-31 B LOT 20 TO 22 BLK 7
  • Tax Year:

    2021
  • Property Type:

    Business Opportunity
  • Parking:

    Assigned Guest Other On Street
  • Waterfront:

    Yes
  • Waterfront Description:

    Ocean FrontOcean AccessCanal Width 121 Feet Or More
  • Inclusions:

    Building & Land,Business,Fixtures,Furniture,Inventory,Signs, Equipment,Furniture/Fixtures,Inventory,License
  • Construction Type:

    Cbs ConstructionConcrete Block ConstructionConcrete Block With Brick
  • Floor Description:

    Ceramic Floor
  • Special Listing Conditions:

    Sale
  • Lot Features:

    Corner Lot Corner Unit Near AirportBeach Access

Description

$5,100,000 • waterfront access

Location!!!location!!!loacation!!! corner lot!!! amazing opportunities for investors!!! property is great for redevelopment!!! <<$283,000/unit>> cheapest price/unit in hollywood location!!! turnkey hotel in prime hollywood beach location on the beach and broadwalk; lot size is more than 10,000sf; total 3 buildings size: 5,100sf; 18 rooms (1 managing office) fully operating hotel/motel and 11+ parking spaces; great income property always almost fully booked with attractive cap rate!!! great occupancy rates in high/low season; well kept and family owned and operated; restaurants; shops; and entertainment around the corner; 2,5 mile beachside broadwalk; over 50 restaurants for any taste; over 30 boutiques and shops; 3 oceanfront parks; free weekly live music series, etc.
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