For Sale
$5,950,000

335 Georgia StHollywood, FL 33019

Boutique Hotel, 12 Units, High Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional Class A, stabilized investment opportunity presents a 12-unit boutique hotel located at 335 Georgia Street, Hollywood, Florida, 33019. Boasting a 6.05% cap rate and 100% occupancy, this property offers a compelling return on investment. Built in 1971 and extensively renovated in 2013, the single-story building sits on a 5,857 sq ft lot and features a beautifully finished Spanish tile roof. All 12 units are one-bedroom, one-bathroom apartments with full-size kitchens, impact windows, and split AC systems. The property benefits from on-site laundry facilities and is zoned BRT-25-R, offering potential for future development. Recent renovations included updated plumbing and electrical systems, ensuring the property meets modern standards. This rare opportunity to acquire a thriving hotel in the booming Hollywood Beach Broadwalk area is priced at $5,950,000.

Property Details for 335 Georgia St

Property type
Hospitality properties, Motels
Class
A
Year Built/Renovated
1971/2013
Buildings
1
Stories
1
Units
12

Location Insight

City
Hollywood
County
Broward
State
Florida
Latitude
26.0073329
Longitude
-80.1170988
335 Georgia St, Hollywood, Florida

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335 Georgia St
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