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1010 S Federal Hwy Hollywood, FL $ 8,000,000
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$ 8,000,000 Get more info
1010 S Federal Hwy
$ 8,000,000
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Share Save

1010 S Federal Hwy

Hollywood, FL, 33020
$ 8,000,000
Baths0.0 Sq 12,211

Monthly Estimate*

$ 55,882

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View a Virtual Tour
Studio

Commercial Property for sale in Hollywood, FL

for $8,000,000. This 12,211 square foot building was built in 1955 on a lot size of 0.483425.

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.

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Commercial Active

Price

$ 8,000,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 76,752

Style

HotelMotel

Lot Size

0.483425

Year Built

1955

Town/City

Hollywood

County/Region

Broward

MLS | Web ID

A11507789
Features
General
Year Built 1955
Stories 2
Levels Two
Property SubType HotelMotel
County Broward County
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
City Hollywood
Buyer Agent Compensation 2%
View Y/N N
Senior Community Y/N N
Zoning Description FH-2
MLS Area 3030
Lot Size Square Feet 21058.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Federal Hwy
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 76752.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11507789
Days on Market 0
Structure Type HotelMotel
Standard Status Active
Occupancy Description CallAgent
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
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Exterior
Lot Size Area 21058.0
Number of Buildings 1
Spa N
Building Area Total 12211.0
Lot Size Units SquareFeet
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 1010
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* Excluded Features
List By
Beachfront Realty Inc

Broker

marilinamiami@gmail.com

Email

Affordability Calculator

$62,278
Per Month
90%
10%
0%
Monthly Principal & Interest
$55,882
Monthly Property Taxes
$6,396
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/4/2024$8,000,000 Listed Price

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1010 S Federal Hwy, Hollywood, FL, 33020 is a Commercial Property for sale at $8,000,000 with 12,211 sqft and a lot size of 0.483425. 1010 S Federal Hwy is a studio with 0.0 baths and was built in 1955. The property's zip code is 33020 which is in Hollywood, FL

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