2300-2325 N Surf Rd
2300-2325, Surf Rd, Hollywood, FL, 33019Basics
- Category: CommercialSale
- Type: HotelMotel
- Status: Active
- Bathrooms: 0
- Floors: 2
- Lot size: 16548, 16548 sq ft
- Year built: 1970
- County: Broward
- MLS ID: A11961786
Description
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Description:
HOLLYWOOD BEACH FIRST ADD 1-31 B LOT 3,4 BLK 12 Rare Oceanfront Hospitality Opportunity on Hollywood Beach Broadwalk
The Riptide Hotel is a unique oceanfront hospitality property located directly on the Hollywood Beach Broadwalk, a renowned 2.5-mile pedestrian promenade. The property features 20 direct oceanfront guestrooms and operates as a vibrant beachfront destination with a tiki bar, full-service restaurant, and newly added coffee shop.
The offering includes two oceanfront buildings with brand-new roofs, 7 on-site parking spaces, and a separate private parking lot with 14 spaces, for a total of 21 private parking spaces. The property occupies an entire oceanfront block, an exceptionally rare configuration on the Broadwalk.
The hotel is in good condition and operates as a turnkey income-producing asset with value-add potential, including room upgrades, room service, and the possible addition of guestrooms and a pool, subject to approvals.
A 300+space municipal parking garage was completed on the same street in recent years, significantly improving accessibility and helping establish the hotel as a true destination along the Broadwalk.
The property also offers redevelopment potential, with approved architectural renderings for a new four-story, 31-room boutique hotel featuring a restaurant, bar, retails, rooftop and covered parking. Plans are included in the sale.
A rare opportunity to acquire an irreplaceable oceanfront hotel asset in a premier, supply-constrained beachfront market.
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Building Details
- Structure Type: HotelMotel
- Construction Materials: Block
- Covered Spaces: 0
- Levels: Two
- Number Of Buildings: 2
- Floor covering: Tile
Amenities & Features
- Security Features: SecuritySystem
- Parking Total: 21
Expenses, Fees & Taxes
- Tax Annual Amount: $157,789
Miscellaneous
- List Office Name: LIV Real Estate Group
- Listing Terms: Cash,Cryptocurrency
Ask our real estate expert about this property
This HotelMotel-type commercial real estate is located in 2300-2325, Surf Rd, Hollywood, FL, 33019 was built in 1970, and is listed at $14,000,000.