N Surf Rd, Hollywood, FL 33019

$13,999,000

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List Price
$13,999,000
MLS#
A12019064
Status
ACTIVE
Type
Commercial

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.

Additional Information

Days on Market
77
Parcel Number
514212011721
Lot Size
13,225
Address
N Surf Rd, Hollywood
Year Built
1985
Section
12

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Listing Courtesy of Absolut International Rlty Inc, Contact: