1. Florida
  2. Hollywood
  3. 1219 S Federal Hwy
$7,100,000

1219 S Federal Hwy, Hollywood, FL 33020

  • 26,082 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1949
  • Property Lot Size Icon0.6acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $272/sqft
  • Property List Date Icon Listed 11 months ago

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.

Listing Status:
Active
Date Added:
May 31, 2024 at 05:00AM
Listing Office:
ONE Commercial LLC : 305-666-0562
Listing Agent:
Gulya Sanchez : 305-915-8250
MLS ID:
A11598678
  • Originating MLS: Miami Association of REALTORS®
  • County: Broward County

This listing courtesy of Gulya Sanchez, ONE Commercial LLC

Location

Schools Nearby

H

Hollywood Central Elementary School

1700 Monroe St, Hollywood, FL, 33020

Grades KG-5

0.46 miles away

H

Hollywood Academy of Arts and Science Middle School

1705 Van Buren St, Hollywood, FL, 33020

Grades 6-8

0.64 miles away

T

The Ben Gamla Preparatory Academy

2650 Van Buren St, Hollywood, FL, 33020

Grades 6-12

1.27 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.