Beach & Town Motel | 1010 S Federal Hwy
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Beach & Town Motel 1010 S Federal Hwy
30 Room Hotel Hollywood, FL 33020 $8,000,000 ($266,667/Room) 7.60% Cap Rate
Executive Summary
Welcome to an outstanding investment opportunity located in Hollywood. This property features a 30-room hotel, currently in operation and delivering an impressive return of 7.6%. Its distinctive Art Deco style adds a touch of timeless elegance to the vibrant surroundings.
In addition to the 30 rooms, it has an impressive swimming pool and two storage rooms.
Strategically located on S Federal Highway, this property benefits from high visibility and accessibility, making it an attractive destination for both business and leisure travelers.
Positioned for future growth, this property offers various possibilities for expansion or adaptation to evolving market trends.
In addition to the 30 rooms, it has an impressive swimming pool and two storage rooms.
Strategically located on S Federal Highway, this property benefits from high visibility and accessibility, making it an attractive destination for both business and leisure travelers.
Positioned for future growth, this property offers various possibilities for expansion or adaptation to evolving market trends.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $8,000,000 | Building Size | 16,902 SF |
| Price Per Room | $266,667 | No. Rooms | 30 |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 7.60% | Year Built | 1955 |
| Property Type | Hospitality | Parking Ratio | 1.24/1,000 SF |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.43 AC |
| Price | $8,000,000 |
| Price Per Room | $266,667 |
| Sale Type | Investment |
| Cap Rate | 7.60% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.43 AC |
| Building Size | 16,902 SF |
| No. Rooms | 30 |
| No. Stories | 2 |
| Year Built | 1955 |
| Parking Ratio | 1.24/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
Amenities
- Pool
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 30 | $62.00 | - |
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Walk Score ®
Very Walkable (77)
PROPERTY TAXES
| Parcel Number | 51-42-22-10-2100 | Improvements Assessment | $3,538,220 (2024) |
| Land Assessment | $379,040 (2024) | Total Assessment | $3,917,260 (2024) |
PROPERTY TAXES
Parcel Number
51-42-22-10-2100
Land Assessment
$379,040 (2024)
Improvements Assessment
$3,538,220 (2024)
Total Assessment
$3,917,260 (2024)
zoning
| Zoning Code | FH-2 (FAR 3.0 | Max Height 10 Stories) |
| FH-2 (FAR 3.0 | Max Height 10 Stories) |
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Beach & Town Motel | 1010 S Federal Hwy
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