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Gelfand Realty Miami Properties for Sale - Business Opportunity for Sale

1219 S FEDERAL HWY, HOLLYWOOD, FL 33020

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Business Opportunity - for Sale

1219 S FEDERAL HWY, HOLLYWOOD, FL 33020

Asking Price$7,300,000

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  • Lot size 26082sqft
  • Year Built 1949

  • Days on market:

    1 day(s)

  • Original Price:

    $7,300,000

  • Tax Legal Description:

    HOLLYWOOD SOUTH SIDE ADD 3-16 B LOT 1 LESS W 7 & LESS PT INC IN EXT AREA FORMED BY 15 FT RAD ARC WHICH IS TANG TO S/L OF LOT 1 & TANG TO LIN

  • Property Type:

    Business Opportunity

  • Special Listing Conditions:

    Sale

Description

$7,300,000

As the exclusive representative of the seller, one commercial real estate is pleased to present for sale to qualified investors richard's motel located in hollywood, fl. this portfolio, composed of 2 properties, offers a healthy mix of motel rooms and apartment units and is available for $7,300,000, or $208,000 per key. richard's motel is perfectly situated between fort lauderdale airport and the bustling, world-famous city of miami. with kitchenettes available in select rooms, the properties' guest rooms all feature a television, microwave, and mini refrigerator. this well-run motel business boasts years of history and a steady stream of regular bookings. it's an excellent investment opportunity in a prime location.

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