Overview

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  • Status: Active
  • Parking No info
  • Size: No info
  • Price Per: No info/No info
  • Type: Hotel Motel
  • Built: 1949
  • HOA: No info
  • MLS Number: A11598678
  • View No info
  • On Site: 173 days
  • Updated: 13 Days Ago
  • Page Views: 1

As the exclusive representative of the seller, One Commercial Real Estate is pleased to present for sale to qualified investors Richard's Motel located in Hollywood, FL. This portfolio, composed of 2 properties, offers a healthy mix of motel rooms and apartment units and is available for $7,300,000, or $208,000 per key. Richard's Motel is perfectly situated between Fort Lauderdale Airport and the bustling, world-famous city of Miami. With kitchenettes available in select rooms, the properties' guest rooms all feature a television, microwave, and mini refrigerator. This well-run motel business boasts years of history and a steady stream of regular bookings. It's an excellent investment opportunity in a prime location.

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Price History

DateEventPriceChange RatePrice Per
11/07/2024Price Reduced$7,100,000.002.7%$272.22 ft2/$2,930.14 m2
05/31/2024Listed$7,300,000.00$279.89 ft2/$3,012.67 m2

Features

Property Details for 1219 S Federal Hwy, Hollywood, FL 33020

Hotel Motel current status is Active, 1219 S Federal Hwy is a Hotel Motel in , Hollywood, FL 33020 with property MLS ID# A11598678. This Hotel Motel has been listed on Best of Luxury Realty since May 31, 2024 and is currently priced at 7,100,000. This property was built in 1949.
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Area Specialist

Buyer/Tenant Etiquette
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Tracey Schmitt
Tracey Schmitt
Real Estate Advisor
Office: (305) 407-1657
Email: tracey@bestofluxuryrealty.com
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
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This property is courtesy of the ONE Commercial LLC. This listing has been viewed 1 times. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

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