Hotel For Sale
1010 S Federal Hwy, Hollywood, FL 33020

$8,000,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11507789
  • Virtual Tour: YES
  • List Price: $8,000,000
  • Taxes:$76,752
  • Year Built:1955
  • Listing Date:January 4, 2024
  • Days On Market:276

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. 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.

Features


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Location


Price History


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker