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$ 13,999,000
Est. payment | /mo
0.3 Acres Lot
$ 13,999,000
Est. payment | /mo
0.3 Acres Lot
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
MLS Listing ID A12019064
HOA Y/N No
Year Built 1985
Tax Year 2025
Lot Size 0.304 Acres
Property Sub-Type Hotel/Motel
Property Description
HOTEL HAS 20 OCEANFRONT ROOMS, EACH WITH AN OCEAN VIEW AND A KITCHENETTE, NICE CLOSET SAPCE AND A BATHROOM. HOTEL FEATURES A TIKI BAR WITH LIVE MUSIC, A CAFE AND A RESTAURANT. THIS PROPERTY IS LOCATED ON HOLLYWOOD BROADWALK, UNIQUE OCEANFRONT PROMENADE STRETCHING 2.5 MILES ALONG THE OCEAN. SALE INCLUDES 2 BUILDINGS FACING THE OCEAN AND A SMALL LOT USED AS PARKING FACILITY FOR 13 CARS. THE AREA AND THE LOCATION ARE FANTASTIC. THE CITY HAS BUILT A NEW 300 CAR GARAGE AT THE CORNER OF A1A AND NEVADA. THERE IS A POSSIBILITY FOR A FUTUR OWNER TO BUILD A NEW STRUCTURE. PLANS ARE IN PLACE FOR THE CONSTRUCTION OF A NEW 32 ROOMS HOTEL ON 4 FLOORS WITH A RESTAURANT, BOUTIQUE, BAR AND COVERED PARKING. CITY HAD APPROVED ARCHITECTURAL RENDERINGS THAT NEEDS TO BE UPDATED. POSSIBILITIES ARE ENDLESS.
Location
State FL
County Broward
Area 3010
Zoning BWK-25-H
Exterior
Private Pool Yes
Building
Story 2
Level or Stories Two
Others
Tax ID 514212011721
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12019064
Listed by Absolut International Rlty Inc
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