Hollywood, FL 33020,1219 S Federal Hwy
Hollywood, FL 33020,1219 S Federal Hwy
Hollywood, FL 33020,1219 S Federal Hwy
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$7,100,000
Est. payment /mo
26,082 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 26,082 sqft

Price per Sqft $272

MLS Listing ID A11598678

HOA Y/N No

Year Built 1949

Lot Size 0.599 Acres

Property Sub-Type Hotel/Motel

Property 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.

Location

State FL

County Broward

Area 3020

Exterior

Private Pool Yes

Others

Tax ID 514222090750

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11598678


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Miami Association of Realtors (SEFMIAMI MLS)
Listed by ONE Commercial LLC
Monica Cataluña, CCIM

"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."

+1(954) 812-1831

monica@koresrealty.com

1655 N Commerce Parkway, Suite 204, Weston, Florida, 33326, United States

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1219 S Federal Hwy