Active
1219 S Federal Hwy
Hollywood FL, 33020
$7,100,000
$272.22 per sqft
Active
26,082 sqft
Commercial
Built in 1949
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.
A11598678
MLSⓇ ID
May 31, 2024
Listed
November 21, 2024
Updated
Map
1219 S Federal Hwy
Hollywood FL, 33020
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.6 Acres
Other Property Details
Days on Market
160
Garage
No
View
No
County
Broward County
Pool
No
Zoning
FH-2
Listing History
Date | Event | Price |
|---|---|---|
11/7/2024 | Price change | $7,100,000 -3% |
Listed by: ONE Commercial LLC
Listing Contact: 305-915-8250
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
©2024 Miami Association of REALTORS® all rights reserved.
Data last updated 11:40 PM UTC, 11/21/2024.