1010 S Federal Hwy Hollywood FL 33020
Federal Hwy, Hollywood,Basics
- Lot Size Units: Square Feet
- Category: Commercial Sale
- Type: Hotel/Motel
- Status: Active
- Bathrooms: 0
- Year built: 1955
- MLS ID: A11507789
Description
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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.
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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.
Property details
- Total Building Area: 12211
- Number of Buildings: 1
- Lot Size Square Feet: 21058
- Parcel Number: 514222102100
- Lot Size Area: 21058
- Structure Type: Hotel/Motel
Property Features
- Covered Spaces: 0
- Waterfront Y/N: 0
Location Details
- County Or Parish: Broward County
- Zoning Description: FH-2
Fees & Taxes
- Tax Annual Amount: 76752
- Tax Legal 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
Miscellaneous
- Public Survey Township: 42
- Public Survey Section: 22
- Virtual Tour URL: https://www.propertypanorama.com/instaview/mia/A11507789
Ask our real estate expert about this property
This Hotel/Motel-type commercial real estate is located in Federal Hwy, Hollywood, was built in 1955, and is listed at $8,000,000.