Hotel for sale in Hollywood Beach

$4,200,000
For sale

6426

Property ID

Description

An opportunity to acquire this unique property just steps from the Hollywood Beach!! Great for investors or developers!

Villa Sinclair Beach Suites offers 7 large furnished suites with full kitchens and bathrooms, a Hookah Lounge/Bar with Beer & Wine license, sitting on approx. 6,400 SF Lot (3,480 SF/AC+4,680 SF Outdoor).

Can also be rebuilt into a 6 Story, 12 Unit Condo Building or add 1 more floor to the current building to give a rooftop bar plus deck for entertaining!

New owner can earn over a 7.5% return based on 2021 income & expenses.

Owner made many improvements to the property including 48 Hurricane impact Windows,
28 Aluminum Bahamian Shutters, 160’Hurricaine Proof Fence, 12 x 12,000 BTU Mini Split A/C units and much more!

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Address

Address: 317 Polk Street, Hollywood, FL
  • Country: United States
  • Province / State: Florida
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  • Property ID 6426
  • Price $4,200,000
  • Property Type Hotel
  • Property status For sale
  • Year Built 1940
  • Zoning BRT-25-C
  • Floor ["Tile"]
  • Cooling ["Central Individual"]
  • GrossIncome $551,000

Contact

Cynthia Hill

Property Agent
+1 305-967-7200
chsellsflorida@gmail.com
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