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Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1988
Sq.Footage
N/A
Premier Hollywood Beach location~Rare Trophy parcel & Income-producing assemblage spanning 3 1/2-contiguous lots, less than 50 yards from famous Hollywood Beach Broadwalk~The property consists of a 13 condominium units to be sold together, including 6~1BED/1BA units & 7 Efficiency units w/1 Bath*Formerly operated as a hotel/motel, offering both in-place cash flow and exceptional long-term upside~Several units have been beautifully renovated~Currently operated with a combination of annual, Airbnb & short-term seasonal rentals, the property presents an opportunity for a new owner to enhance revenue through updated management and market-rate repositioning. With its irreplaceable location, lot configuration, and favorable zoning, the property presents multiple exit strategies, including continued operation as a boutique rental asset or future luxury redevelopment~ The value is driven by land, frontage, income, and location rather than improvements alone. A compelling opportunity for an investor, end-user, or developer seeking a premier coastal asset with flexibility, optionality, and significant future potential in a supply-constrained market.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Other, Wall/Window Unit(s)
-
Heating YN
YES
-
Heating
Other
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Block
-
Pool
No
Area & Lot
-
Property Type
Commercial Sale
-
Property Sub Type
Condominium
Price
-
Sales Price
$9,900,000
-
Tax Amount
7068.0
-
Zoning
BRT-25-C
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
Yes
-
Association Fee
$20,402
-
Association Fee Frequency
Annually
-
Association Fee Includes
N/A
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Water Source
Public
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Location
County
Broward
Elementary School
Middle School
High School
Listing Courtesy of Gina Villanell , All Pro Realty
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Realtor
Jarrod Gaylis
Call Jarrod today to schedule a private showing.
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