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Sandy Shores Portfolio

2 Properties Offered at $4,600,000 in Hollywood, FL

Investment Highlights

  • 20-Unit, Two Building, Vacation Rental Property Steps from Hollywood Beach
  • Covered Land Play & Possible Future Redevelopment Opportunity
  • Remodeled Units Featuring Ceramic Tile Floors, Upgraded Kitchens & Bathrooms
  • Approximately 350 Feet to Hollywood Beach, Broadwalk and many Local Attractions such as: Historic Hollywood Resort (0.2 miles)

Executive Summary

Sandy Shores was originally constructed in 1953, consists of 20 units totaling 7,281 square feet of living area and is situated on a 12,746 square foot lot, according to the Broward County Property Appraiser. The property is comprised of (14) studios, (4) one-bedroom | one-bathroom apartments and (2) two-bedroom | one-bathroom apartments. All units have been remodeled with ceramic tile flooring, upgraded kitchens, appliances and bathrooms. Sandy Shores currently operates as a vacation-rental property exclusively on AirBnb and located a short walk from the Hollywood Beach Boardwalk and various shops, restaurants and attractions.

Attachments

Sandy Summary

Property Facts

Price $4,600,000
Price / SF $631.78 / SF
Sale Conditions Bulk/Portfolio Sale
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 7,281 SF
Total Land Area 0.29 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Sandy Shores Motel
342 Van Buren St, Hollywood, FL 33019
Hospitality 4,914 SF 1954 -
324 Van Buren St, Hollywood, FL 33019 Multifamily 2,367 SF 1954 -
Show More > < Show Less
  • Listing ID: 32823804

  • Date on Market: 8/15/2024

  • Last Updated:

  • Address: Sandy Shores Portfolio, Hollywood, FL

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