1010 S Federal Hwy, Hollywood FL 33020,Hollywood,Broward County,Commercial Sale

  • $8,000,000
1010 S Federal Hwy, Hollywood FL 33020

Overview

Property ID: HZA11507789
  • Hotel/Motel
  • Property Type
  • 1955
  • Year Built

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.

  • Address Federal Hwy
  • City Hollywood
  • State/county Broward County
  • Zip/Postal Code 33020

Details

Updated on January 5, 2024 at 12:07 am
  • Property ID: HZA11507789
  • Price: $8,000,000
  • Year Built: 1955
  • Property Type: Hotel/Motel
  • Property Status: Commercial Sale

Additional details

  • On Market Date: 2024-01-04
  • List Agent MlsId: 0662372
  • Stories Total: 2
  • Days On Market: 0

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