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CommercialSaleHotelMotelFLHollywood1010, Federal Hwy, Hollywood, FL, 33020

1010 S Federal Hwy

1010, Federal Hwy, Hollywood, FL, 33020
    $8,000,000
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    Basics

    • Category:
    • Type:
    • Status:
    • Bathrooms: 0
    • Floors: 2
    • Lot size: 21058, 21058 sq ft
    • Year built: 1955
    • County: Broward
    • MLS ID: A11507789

    Description

    • 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.
      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.

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    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 -type commercial real estate is located in 1010, Federal Hwy, Hollywood, FL, 33020 was built in 1955, and is listed at $8,000,000.

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