2800 N Surf Rd - Hospitality FOR SALE


Hollywood, FL 33019- Hollywood Beach-Quadoman
$12,500,000 USD
954-494-3091
2800 N Surf Rd, Hollywood, FL for Sale
$12,500,000 USD
Hospitality - FOR SALE
1/17
null | Request Cap Rate

2800 N Surf Rd
Hollywood, FL 33019
Hollywood Beach-Quadoman


HIGHLIGHTS

  • Direct oceanfront location with 180 feet of unobstructed beach exposure on Hollywood Broadwalk
  • Renovated in 2022, including new elevator, modern interiors, and full appliance packages
  • Stabilized operation with 22 vacation rental units featuring large units with kitchenettes
  • Large on-site pool with sun deck facing beach and Broadwalk; 23 dedicated parking spaces in private parking lot
  • Located within walking distance of the Broadwalk’s dining and entertainment district
  • Convenient access to Fort Lauderdale-Hollywood International Airport, the Seminole Hard Rock Hotel and Casino and other major hospitality landmarks

OVERVIEW

Berger Commercial is proud to present a prime oceanfront hospitality property on bustling Hollywood Beach. 2800 North Surf Road is a 22-unit hotel with a third-floor owner's penthouse. Featuring 180 feet of ocean-facing exposure with a large swimming pool and deck right on the famous Hollywood Broadwalk, the Tide Ocean Front Vacation Apartments offers a tremendous opportunity to own a high- quality asset in the vibrant South Florida tourist market with upside potential . The property has recently undergone over $1,000,000 in renovations including a new elevator, comprehensive room updates, new hurricane glass and full appliance packages. It currently operates as a stabilized oceanfront lodging facility with 23 dedicated parking spaces. Ideal for an experienced operator. Please contact Steve or Christian directly for more information or to request Offering Memorandum . website is www.tidevacation.com

FOR SALE DETAILS

PRICE

$12,500,000 USD

PRICE/SF

$878 USD /SF

# OF ROOMS

22

PRICE/ROOM

$568,182 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Beachfront 22 Unit Hotel on Broadwalk

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

Hotel

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1955

PARKING SPACES

23

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

BWK-25

APN/PARCEL ID

51-42-12-02-0540,51-42-12-02-0700

ASK ABOUT THIS PROPERTY

Steve HyattBerger Commercial Realty CorpMore Info
954-494-3091

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Steve HyattBerger Commercial Realty CorpMore Info
954-494-3091

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.