1010 S Federal Hwy
1010, Federal Hwy, Hollywood, FL, 33020Basics
- Category: CommercialSale
- Type: HotelMotel
- Status: Active
- Bathrooms: 0
- Floors: 2
- Lot size: 21058, 21058 sq ft
- Year built: 1955
- County: Broward
- MLS ID: A11507789
Description
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Description:
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 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.
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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.
Building Details
- Structure Type: HotelMotel
- Covered Spaces: 0
- Levels: Two
- Number Of Buildings: 1
Expenses, Fees & Taxes
- Tax Annual Amount: $76,752
Miscellaneous
- List Office Name: Beachfront Realty Inc
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This HotelMotel-type commercial real estate is located in 1010, Federal Hwy, Hollywood, FL, 33020 was built in 1955, and is listed at $8,000,000.