1010 Federal HwyHollywood, FL 33020

This exceptional 30-key hotel in Hollywood, Florida presents a compelling investment opportunity. Boasting a 7.60% cap rate and 100% occupancy, the property generates a substantial net operating income (NOI) of $600,000. Built in 1955, this two-story, 12,211 square foot Art Deco-style hotel sits on a 21,058 square foot lot zoned FH-2. The property includes a desirable swimming pool and two storage rooms, complemented by a recently installed roof. Its prime location on South Federal Highway ensures high visibility and easy access, placing it within close proximity to the beach (5 minutes), the Arts Park, and a vibrant array of restaurants, shops, bars, and clubs. This established hotel offers significant potential for future growth and adaptation to evolving market demands, making it an attractive asset for discerning investors seeking a strong return in a desirable location. The asking price is $8,000,000.