Home » Hollywood » 1219 S Federal Hwy, Hollywood, FL 33020 | A11598678

Hotel/motel For Sale 1219 S Federal Hwy, Hollywood, FL 33020

$7,100,000
Price has decreased by $200,000

Property Highlights

Listing ID A11598678 Status of this Listing: Active For Sale Property Type Commercial Sale Hotel/motel Building Area 26,082 Sqft/2423.10 m2 approx. Lot area 26,082 Sqft/2423.10 m2 approx. Year Built 1949 Time of this property on Rebonus 189 Day(s)

1219 S Federal Hwy, Hollywood, FL 33020

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.

Useful Info

Previous Asking Price:$7,300,000
Original List Price:$7,300,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Structure Type:
  • Hotel/motel

Property Features

Waterfront:No

Terms

Occupant Type:
  • Call Agent
Lease Considered:No

Community

Senior Community:No

Parking

Covered Spaces:0

More Details

Other Information:
Flood ZoneAE,X
FEMA Flood Zone DesignationsAE,X
Ref1075973820
Subdivision Number9

Zoning and Legal

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
Real Estate Folio Number (Parcel Number):514222090750
Zoning Description:FH-2
Public Survey Range:51
Public Survey Section:22

Listing History

Update/EventDate/Days
Published Date:May 31, 2024 4:05 pm
On Market Date:May 31, 2024
Price Change Date Time:November 7, 2024 9:35 am
Last Important Update Description:Price Change
Date and Time of Last Important Update:November 7, 2024 9:35 am
Status Last Changed:May 31, 2024 4:05 pm
Photos Last Modified:May 31, 2024 8:18 pm
Last Modified:November 7, 2024 2:35 pm
Days on the Market Reference Date:November 7, 2024
Days on the Market (updated on Last Modified*):160
Cumulative Days on the Market (updated on Last Modified**):160

Additional Information

Number of Photos:54
Location:,,
Included:,,
Area:3020
Automated Valuation Display:Yes
Courtesy of:ONE Commercial LLC
Universal Property Id:US-12011-N-514222090750-R-N

Location

Show Property Address:Yes
Street Name:Federal Hwy
Street Number:1219
Street Direction Prefix:S
Street Address:1219 S Federal Hwy
City : Hollywood
State : Florida
Zip Code : 33020
County : Broward
Full Address:1219 S Federal Hwy, Hollywood, FL 33020
Latitude:N26° 0' 2.8''
Longitude:W81° 51' 27.5''

Neighborhood

Postal City:Hollywood

Property Map