1010 S Federal Hwy, Hollywood FL 33020,Hollywood,Broward County,Commercial Sale

  • $8,000,000
1010 S Federal Hwy, Hollywood FL 33020
Commercial Sale Active
1010 S Federal Hwy, Hollywood FL 33020,Hollywood,Broward County,Commercial Sale
1010 S Federal Hwy, Hollywood FL 33020
  • $8,000,000

Overview

  • Hotel/Motel
  • Property Type
  • 1955
  • Year Built

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.
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.

  • Address Federal Hwy
  • City Hollywood
  • State/county Broward County
  • Zip/Postal Code 33020

Details

Updated on December 26, 2024 at 5:20 pm
  • Price: $8,000,000
  • Year Built: 1955
  • Property Type: Hotel/Motel
  • Property Status: Commercial Sale

Additional details

  • StreetDirPrefix: S
  • PublicSurveyRange: 51
  • ListAgentKey: f18ce72cf94d9a2b04a8e6a06d35818c
  • TaxLegalDescription: HOLLYWOOD SOUTH SIDE ADD NO 2 3-17 B LOT 16 LESS E 7 & LESS PT INC IN EXT AREA FORMED BY 15 FT RAD ARC WHICH IS TANG TO N/L & TANG TO LINE 7
  • OnMarketDate: 2024-01-04
  • ListAgentEmail: marilinamiami@gmail.com
  • ContractStatusChangeDate: 2024-01-04
  • MajorChangeTimestamp: 2024-01-04T18:14:30.663Z
  • PhotosCount: 23
  • StatusChangeTimestamp: 2024-01-04T18:14:30.663Z
  • PriceChangeTimestamp: 2024-01-03T17:49:46.293Z
  • ListingKeyNumeric: 390117094
  • MajorChangeType: New
  • ListingContractDate: 2024-01-04
  • Zoning: FH-2
  • ListAOR: A-Miami Association of REALTORS
  • TaxAnnualAmount: 76752
  • ListOfficeName: Beachfront Realty Inc
  • CurrentUse: Hotel Non-Waterfront
  • OriginatingSystemKey: miamire
  • BusinessType: Hotel/Motel
  • PhotosChangeTimestamp: 2024-01-04T18:15:34.846Z
  • OriginatingSystemName: Miami Association of REALTORS®
  • ListOfficePhone: 305-405-0615
  • MlsStatus: Active
  • StreetNumber: 1010
  • ListingKey: 3123fb21f5135d5ef078261d9da49eeb
  • StateOrProvince: FL
  • ListOfficeKey: 240a0e4f4f15d333cb30e9a1c344006c
  • BridgeModificationTimestamp: 2024-12-26T15:10:53.841Z
  • ListAgentFullName: Marilina Apfelbaum
  • ListAgentOfficePhone: 305-405-0615
  • Stories: 2
  • ParcelNumber: 514222102100
  • OtherExpense: 0
  • IDXParticipationYN: 1
  • InternetAddressDisplayYN: 1
  • ListAgentMlsId: 0662372
  • StoriesTotal: 2
  • ModificationTimestamp: 2024-12-26T15:09:39.750Z
  • OriginatingSystemID: miamire
  • DaysOnMarket: 357
  • ListOfficeMlsId: ROBR01
  • ListAgentDirectPhone: 786-287-3633
  • StreetNumberNumeric: 1010
  • PostalCodePlus4: 6026
  • NumberOfUnitsInCommunity: 1
  • SyndicationRemarks: 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.
  • StructureType: Hotel
  • ListAgentStateLicense: 0662372
  • PublicSurveyTownship: 51
  • StreetName: Federal Hwy
  • ListOfficeFax: 305-933-1240
  • ListingAgreement: Exclusive Right To Sell
  • PublicSurveySection: 22
  • SpecialListingConditions: Sale
  • NumberOfBuildings: 1
  • OriginalListPrice: 8000000
  • BuildingAreaUnits: Square Feet
  • InternetEntireListingDisplayYN: 1
  • InternetAutomatedValuationDisplayYN: 1
  • OriginalEntryTimestamp: 2024-01-04T18:14:30.663Z
  • SourceSystemKey: 390117094
  • LotSizeSquareFeet: 21058
  • InternetConsumerCommentYN: 1
  • BuildingAreaTotal: 12211

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