Description
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.,
, 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
Features
- Building Area Total
26082
- Building Area Units
Square Feet
- City
Hollywood
- Contract Status Change Date
2024-05-31 00:00:00
- County Or Parish
Broward County
- Days On Market
1
- Latitude
26
- List A O R
A-Miami Association of REALTORS
- List Price
7300000
- Living Area Units
Square Feet
- Longitude
-80
- Lot Size Square Feet
26082
- Lot Size Units
Square Feet
- Major Change Type
New
- Mls Status
Active
- On Market Date
2024-05-31 00:00:00
- Original List Price
7300000
- Originating System Name
miamire
- Parcel Number
514222090750
- Postal Code
33020
- Postal Code Plus4
6029
- Property Sub Type
Hotel/Motel
- Property Type
Commercial Sale
- Public Survey Range
51
- Public Survey Section
22
- Public Survey Township
51
- Standard Status
Active
- State Or Province
FL
- 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
- Unparsed Address
1219 S Federal Hwy
Hollywood FL 33020
- Virtual Tour URL Unbranded
https://www.propertypanorama.com/instaview/mia/A11598678
- Year Built
1949
- Zoning
FH-2
