Home » Hollywood » 1411 S Federal Hwy, Hollywood, FL 33020 | A11598731

Mixed Use For Sale 1411 S Federal Hwy, Hollywood, FL 33020

$28,600,000
Price has decreased by $2,400,000

Property Highlights

Listing ID A11598731 Status of this Listing: Active For Sale Property Type Commercial Sale Mixed Use Building Area 80,592 Sqft/7487.24 m2 approx. Lot area 152,460 Sqft/14164.00 m2 approx. Year Built 1950 Time of this property on Rebonus 190 Day(s)

1411 S Federal Hwy, Hollywood, FL 33020

Property Description: A distinguished collection of multifamily apartments and motels situated in the vibrant heart of Hollywood, Florida. This exclusive offering provides a versatile array of accommodation options, catering to a wide range of tenants and guests. Price: $31,000,000. Diverse Unit Options: The portfolio includes 140 units with various floor plans. Some units feature full kitchens, others have kitchenettes, and the remaining are standard motel rooms, ensuring flexibility to meet diverse tenant and guest needs. Prime Location: Located in Hollywood, FL, directly on US-1 Richard’s Portfolio benefits from high visibility and accessibility, making it an ideal investment in a bustling and rapidly growing market.

Useful Info

Previous Asking Price:$29,000,000
Original List Price:$31,000,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Structure Type:
  • Apartment
  • Hotel/motel

Property Features

Waterfront:No

Taxes and Expenses

Tax Annual Amount:$55,900

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Terms

Occupant Type:
  • Call Agent
Lease Considered:No

Community

Senior Community:No

Parking

Covered Spaces:0

More Details

Other Information:
Property DescriptionPortfolio
Flood ZoneAE,X
FEMA Flood Zone DesignationsAE,X
Ref1075976786
Subdivision Number9

Zoning and Legal

Tax Legal Description:HOLLYWOOD SOUTH SIDE ADD 3-16 B LOT 28,29,30 LESS 7 RD & LESS THAT PT WHICH IS INCLUDED IN EXT ARC FORMED BY 15 RAD ARC LOCATED IN NW COR OF
Real Estate Folio Number (Parcel Number):514222090520
Zoning Description:FH-2
Public Survey Range:51
Public Survey Section:22

Listing History

Update/EventDate/Days
Published Date:May 31, 2024 4:54 pm
On Market Date:May 31, 2024
Price Change Date Time:September 5, 2024 1:22 pm
Last Important Update Description:Price Change
Date and Time of Last Important Update:September 5, 2024 1:22 pm
Status Last Changed:May 31, 2024 4:54 pm
Photos Last Modified:May 31, 2024 9:19 pm
Last Modified:November 14, 2024 5:23 pm
Days on the Market Reference Date:November 14, 2024
Days on the Market (updated on Last Modified*):167
Cumulative Days on the Market (updated on Last Modified**):167

Additional Information

Number of Photos:100
Location:,,
Included:,,
Area:3020
Automated Valuation Display:Yes
Courtesy of:ONE Commercial LLC
Universal Property Id:US-12011-N-514222090520-R-N

Location

Show Property Address:Yes
Street Name:Federal Hwy
Street Number:1411
Street Direction Prefix:S
Street Address:1411 S Federal Hwy
City : Hollywood
State : Florida
Zip Code : 33020
County : Broward
Full Address:1411 S Federal Hwy, Hollywood, FL 33020
Latitude:N25° 59' 57.4''
Longitude:W81° 51' 27.3''

Neighborhood

Postal City:Hollywood

Property Map