Basic Information
- MLS # A10904004
- Type Hotel
- Status Sold
- Year Built 1954
- Total Sqft 3,197
- Date Listed 08/03/2020
- Days on Market 357
12% CAP Rate Amazing opportunity for investors wishing to do Vacation Rentals. Zoned for Hotel, Completely Remodeled 8 units that consist of 3 One bedroom Units and 5 Studio Units. Impact Windows throughout!!! You do not need a vacation rental license to perform business in this unit. It is allowed per Hollywood zoning laws. Units are fully rented by Airbnb and have a good database of repeated customers. Roof is new and units are fully remodeled with porcelain floors, spot lights and brand new bathrooms. Seller will provide all the current bookings for next months so new buyer can earn income right from closing date. One bedroom units are currently rented for 150-200 dollars a day and studios 100-150 a day, depending on holidays and days of the week. Steps to ocean and restaurants.
Exterior Features
- Waterfront No
- Parking Spaces 0
- Pool No
- Parking Description Assigned, On Street
Interior Features
- Adjusted Sqft 3,197Sq.Ft
- Sqft 3,197 Sq.Ft
Property Features
- Aprox. Lot Size 3,197
- Furnished Info No
- Short Sale Regular Sale
- Subdivision Complex
- Subdivision Info
- Tax Amount $0
- Tax Year 0
605 and 609 S Ocean Dr
Hollywood, FL 33019Similar Properties For Sale
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