2325 N SURF RD,
Hollywood, Florida 33019 $12,900,000 $16,000,000
|Type: Business Opportunity||Other Style|
THIS PROPERTY IS TO BE SOLD WITH THE BUILDING NEXT DOOR AND A SMALL LOT USED AS PARKING FOR THAT PRICE. THE AREA AND THE LOCATION ARE FANTASTIC, ON THE BROADWALK, IN FRONT OF THE OCEAN, THE WHOLE BLOCK. UNIQUE PROPERTY. IT OPERATES NOW AS A HOTEL, RESTAURANT AND TIKI BAR, SO IT HAS AN INCOME WHILE WAITING FOR PERMITTING TO EXPAND AND SUCH. THE TOTAL NUMBER OF UNITS IS NOW 21 (BOTH BUILDINGS). CITY WILL CONSIDER ALLOWING THE CONSTRUCTION OF 32 ROOMS ON 4 FLOORS AND PARKING. PLEASE REGISTER CLIENTS AND ASK FOR A PACKAGE.
3 Federal Hwy,
Dania Beach, Florida 33004 $3,099,000 $3,498,000
|Sq.Ft: 20,258||PSF: $152.98||Type: Commercial/Investment|
Amazingly successful and established 16 unit hotel/motel can document (with tax returns) $25,000+ per month real NOI. Net operating income can go as high as $30,000 per month in season. 90-100% occupancy always. Excellent location and condition, 10% cap rate on current numbers, not projected. Address/documentation disclosed upon a signed NDA, attached here.