1010 S Federal Hwy, Hollywood FL 33020
Basics
- Date added: Added 10 months ago
- Category: Commercial Sale
- Type: Hotel/Motel
- Status: Active
- Year built: 1955
- County Or Parish: Broward County
- DOM: 0
- Lot Size Square Feet: 21058 sq ft
Description
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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.
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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.
Location
- Street Name: Federal Hwy
- Street Number: 1010
- State: FL
- Province: FL
- Zip / Postal Code: 33020
Building Details
- Stories: 2
- Building Area Total: 12211 sq ft
- Number Of Buildings: 1
- StoriesTotal: 2