1010 S Federal Hwy Hollywood, FL 33020

FOR SALE - Active
$8,000,000

Overview

  • Status: Active
  • Bed(s) No info
  • Bath(s)
  • Half Bath(s) 0
  • Parking No info
  • Size: 12,211 ft2/1,134.44 m2
  • Price Per: $655.15 ft2/$7,051.95 m2
  • Type: Commercial/Investment
  • Built: 1955
  • HOA: No info
  • MLS Number: A11507789
  • View No info
  • On Site: 366 days
  • Updated: Listing Refreshed: 9 Days Ago

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.

Price History

DateEventPriceChange RatePrice Per
01/04/2024Listed$8,000,000.00$655.15 ft2/$7,051.95 m2

Contact Information

Tracey Schmitt
Real Estate Advisor
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
Contact Advisor
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