New ListingPRIME REDEVELOPMENT & INVESTMENT OPPORTUNITY - HOLLYWOOD, FL! Excellent opportunity to acquire a 12-unit motel with additional office and living quarters, situated on a 9,551 SF lot (0.2193 acres) along the highly visible Federal Highway corridor. Zoned FH-2, this property offers exciting potential for redevelopment, repositioning, or renovation of the existing hospitality operation. Located near Downtown Hollywood, Young Circle, Hollywood Beach, shopping, dining, and major transportation routes. Ideal for hotel investors, developers, and those seeking a value-add opportunity in a growing South Florida market. Explore the potential for a future hotel, residential, or mixed-use development, subject to City of Hollywood approvals and zoning requirements. Rare opportunity to invest in an established commercial corridor with multiple possibilities for future use!
| MLS # | B26095494 |
|---|---|
| Listing Type | For Sale |
| Style | Hotelmotel |
| Sub-Type | Resale |
| Status | Active |
| Year | 1951 |
| Days On Site | 2 |
| Listing Provided By | EXP Realty LLC | Roger Doyon |
| SQ Feet | 3,933 |
|---|---|
| Story(s) | 1 |
| Units | 12 |
| Building(s) | 1 |
| Zoning | FH-2 |
| Acreage | 0.22 |
| Lot Features | Less Than Quarter Acre |
|---|
| Parking Features | Common, Guest, Other |
|---|
| Tax Annual Amount | 14597.65 |
|---|
| State | FL |
|---|---|
| County | Broward |
| City | Hollywood |
| Area | 3050 |
| Subarea | HWEA Hollywood East (3010 3050) |
| Listing VS Median (in ) | |
Price: $3,500,000 low | high Med: $240,000 sqft: 3,933 low | high Med: 1,672 $ / sqft: $890 low | high Med: $144 On site: 2 low | high Med: 60 | |
| State | FL |
|---|---|
| County | Broward |
| City | Hollywood |
| Area | 3050 |
| Subarea | HWEA Hollywood East (3010 3050) |
| Listing VS Median (in ) | |
Price: $3,500,000 low | high Med: $240,000 sqft: 3,933 low | high Med: 1,672 $ / sqft: $890 low | high Med: $144 On site: 2 low | high Med: 60 | |