Basic Information
- MLS # A11507789
- Type Hotel Motel
- Status Active
- Year Built 1955
- Total Size 21,058 Sq.Ft / 0.48 Acre
- Date Listed 01/04/2024
- Days on Market 490
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.
Amenities
Exterior Features
- Waterfront No
- Parking Spaces 0
- Pool No
- Parking Description
- Style Hotel Motel
Interior Features
- Adjusted Sqft 0.48 AcreSq.Ft
- Sqft 0.48 Acre Sq.Ft
Property Features
- Address 1010 S Federal Hwy
- Aprox. Lot Size 21,058
- City Hollywood
- County Broward
- Furnished Info no
- Levels Two
- Occupant Type Call Agent
- Postal City Hollywood
- Public Survey Section Two
- Public Survey Township 42
- Stories 2
- Subdivision Complex
- Subdivision Info
- Tax Amount $76,752
- Tax Legal desc H O L L Y W O O D S O U T H S I D E A D D N O23-17 B L O T16 L E S S E7& L E S S P T I N C I N E X T A R E A F O R M E D B Y15 F T R A D A R C W H I C H I S T A N G T O N/ L& T A N G T O L I N E7
- Tax Year 0
- Type of Property Hotel Motel
1010 S Federal Hwy
Hollywood, FL 33020Similar Properties For Sale
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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Beachfront Realty Inc. tel: 305-405-0615
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