322 Nevada St - Hospitality FOR SALE


Hollywood, FL 33019- Hollywood Beach-Quadoman
$5,000,000 USD
305-570-2600
322 Nevada St, Hollywood, FL for Sale
$5,000,000 USD
Hospitality - FOR SALE
1/10
null | Request Cap Rate

322 Nevada St
Hollywood, FL 33019
Hollywood Beach-Quadoman


HIGHLIGHTS

  • Private parking on property acting as additional revenue source
  • Located adjacent to an 8 story city owned public garage
  • Entry-Level investment opportunity: smaller 16-room count makes this a manageable, cost-effective investment, ideal for first-time buyers

OVERVIEW

Welcome to Ocean Sound’s Hotel, a rare investment opportunity located in vibrant Hollywood, Florida. This charming 16-room motel is now available for sale, offering both a prime location and strong potential for income generation or redevelopment. Situated just minutes from the world-famous Hollywood Beach and Broadwalk, Ocean Sound’s Hotel sits on an 8,054 SF lot and boasts a building size of 9,927 SF. The property includes 16 well-maintained guest rooms, making it ideal for short-term vacation rentals, boutique hospitality, or repositioning for alternative commercial uses. With consistent tourism traffic year-round, proximity to dining, shopping, and entertainment, and easy access to Fort Lauderdale–Hollywood International Airport, this offering presents a unique chance to acquire a high-demand asset in one of South Florida’s most dynamic coastal markets. Whether you’re an investor seeking turnkey income, a hotel operator looking to expand, or a developer eyeing future potential, Ocean Sound’s Hotel represents exceptional value and opportunity.

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$621 USD /SF

# OF ROOMS

16

PRICE/ROOM

$312,500 {currency}

CAP RATE

Request Cap Rate

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ocean's Sound Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1970

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

9,927 SF

ZONING

BRT-25-C

APN/PARCEL ID

51-42-12-01-1700

ASK ABOUT THIS PROPERTY

Jenni FontanaApex Capital Realty LLCMore Info
305-570-2600

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Jenni FontanaApex Capital Realty LLCMore Info
305-570-2600

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