1010 S Federal Hwy, Hollywood, FL

$8,000,000

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About 1010 S Federal Hwy

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 of 1010 S Federal Hwy

MLS® # A11507789
Price $8,000,000
Year Built 1955
Type Commercial Sale
Sub-Type Hotel/Motel
Status Active

Community Information

Address 1010 S Federal Hwy
Area 3030
City Hollywood
County Broward County
State FL
Zip Code 33020-6026

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
# of Stories 2
Stories Two

Additional Information

Date Listed January 4th, 2024
Days on Market 133
Zoning Description FH-2
Foreclosure No
Short Sale No
RE / Bank Owned No
Tax Annual Amount $76,752
Buyer Agent Compensation 2%

Listing Details

OfficeBeachfront Realty Inc

Listing Map

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