For Sale
$3,150,000

339 Taylor StHollywood, FL 33019

Boutique Hotel, 7 Rooms, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 7-room boutique hotel, located at 339 Taylor St in Hollywood, Florida, presents a lucrative investment opportunity. Built in 1952 and situated on one story, this property boasts a strong track record of success, generating a gross rental income exceeding $400,000 annually. This income is derived from a combination of hotel operations and parking revenue. The hotel is currently fully operational and actively booked through platforms such as Airbnb, Booking.com, and Expedia, in addition to a loyal base of repeat clientele. Each of the seven units has undergone complete renovation and is in excellent condition, ensuring a high standard of guest comfort and maximizing rental potential. The property's prime location in Hollywood, Broward County, Florida (zip code 33019) offers easy access to local attractions and amenities. The asking price for this turnkey operation is $3,150,000. A potential combined purchase with an adjacent property at 315 Taylor St is also available. This presents a unique opportunity to acquire a thriving hospitality business with significant income potential and the possibility of expanding your portfolio. Detailed financial records are available upon request.

Highlights

  • 7-room boutique hotel in Hollywood, FL, generating over $400,000 in annual gross rental income from hotel operations and parking.
  • Fully renovated, seven units in excellent condition, maximizing rental potential.
  • Prime Hollywood, FL location (33019) with easy access to local attractions.
  • Turnkey operation with asking price of $3,150,000.
  • Potential for combined purchase with adjacent property at 315 Taylor St.

Property Details for 339 Taylor St

Property type
Hospitality properties, Hotels
Year Built
1952
Stories
1

Location Insight

City
Hollywood
County
Broward
State
Florida
Latitude
26.0151834
Longitude
-80.1167026
339 Taylor St, Hollywood, Florida

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339 Taylor St
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