Commercial property in Hollywood, Florida 304.35 sq.m. № 1994907

Commercial property in Hollywood, Florida 304.35 sq.m. № 1994907
ID1994907 $ 3 700 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
1994907

Property description

Welcome to paradise! This 8-unit multifamily is part of a rare opportunity to acquire a 4-property boutique multifamily / short-term rental (STR) portfolio in prime walk-to-the-beach locations in Hollywood Beach, FL. Portfolio is offered at $12,300,000. The properties are located in a high-density zoning district with favorable “Motel” use, providing flexibility for continued STR operations, boutique hospitality repositioning, or future redevelopment. Active municipal STR licenses are in place, allowing for immediate income generation. The portfolio operates as a scalable STR platform with shared management, housekeeping, and OTA channels, creating operational efficiencies and attractive cash flow potential. Situated within a corridor experiencing evolving zoning and increasing allowable densities, the assets offer both near-term income and long-term upside. Multiple exit strategies include continuing STR operations, rebranding as boutique lodging, or holding for assemblage and redevelopment. Financials and additional information available upon request. Portfolio sale only.
MLS #: A11936839
Contact the seller
Contact me via
CityHollywood
Address810 S Surf Rd, Hollywood FL 33019
TypeCommercial property
Living space304.35 m²
  • sq. ft
Completion dateIV quarter, 1975
Price
  • Price
  • per m²
$ 3 700 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £