PRIME REDEVELOPMENT & INVESTMENT OPPORTUNITY - HOLLYWOOD, FL! Excellent opportunity to acquire a 12-unit motel with additional office and living quarters, situated on a 9,551 SF lot (0.2193 acres) along the highly visible Federal Highway corridor. Zoned FH-2, this property offers exciting potential for redevelopment, repositioning, or renovation of the… Read More existing hospitality operation. Located near Downtown Hollywood, Young Circle, Hollywood Beach, shopping, dining, and major transportation routes. Ideal for hotel investors, developers, and those seeking a value-add opportunity in a growing South Florida market. Explore the potential for a future hotel, residential, or mixed-use development, subject to City of Hollywood approvals and zoning requirements. Rare opportunity to invest in an established commercial corridor with multiple possibilities for future use! Read Less
Courtesy of EXP Realty LLC 888-883-8509
Listing Snapshot
Days Online
1
Last Updated
Property Type
Hotel/Motel
Square Ft.
3,933
Lot Size
0.22 Acres
Year Built
1951
MLS Number
B26095494
Additional Details
Property Access
Road Responsibility: Public Maintained Road, Road Surface: Paved
Building
Built in 1951, 1 building, 1 storey, Construction Materials: Brick, Concrete Block - No Stucco, Stucco
Cooling
Wall/Window Unit(s)
Fence
Fenced
Heating
None
Lot
0.22 acres
Parking
12 total parking spaces, Common, Guest
Roof
Shingle
Security Features
Closed Circuit Camera(s)
Sewer
Public Sewer
Taxes
Parcel Number: 514215016950, Annual Amount: $14,597.6, Legal Description: HOLLYWOOD 1-21 B LOT 16 LESS ELY 15 & LESS PT INC IN EXT AREA FORMED BY 15 FT RAD ARC TANG TO N/L & TANG TO LINE 15 W OF E/L OF LOT 16, LOT 1, Year: 2025, Zoning: FH-2
Utilities
Cable Available, Electricity Connected, Natural Gas Not Available, Phone Available, Sewer Available, Water Available, Water Source: Public, 5 separate electric meters
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