$8,000,000
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.Gelfand Realty Miami Properties for Sale - Business Opportunity for Sale
Back to Search 1010 S FEDERAL HWY, HOLLYWOOD, FL 33020
Business Opportunity - for Sale
1010 S FEDERAL HWY, HOLLYWOOD, FL 33020Asking Price$8,000,000
Share by:
- Lot size 21058sqft
- Taxes: Register to see
- Year Built 1955
-
Days on market:
23 day(s) Original Price:
$8,000,000Tax Legal Description:
HOLLYWOOD SOUTH SIDE ADD NO 2 3-17 B LOT 16 LESS E 7 & LESS PT INC IN EXT AREA FORMED BY 15 FT RAD ARC WHICH IS TANG TO N/L & TANG TO LINE 7-
MLS:
A11507789 -
Property Type:
Business Opportunity
Special Listing Conditions:
Sale