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1219 S Federal Hwy, Hollywood, FL – $7,100,000

  • $7.1M Price
  • 359 DOM
  • $7.1M Price
  • 359 DOM

1219 S Federal Hwy

As the exclusive representative of the seller, One Commercial Real Estate is pleased to present for sale to qualified investors Richard's Motel located in Hollywood, FL. This portfolio, composed of 2 properties, offers a healthy mix of motel rooms and apartment units and is available for $7,300,000, or $208,000 per key. Richard's Motel is perfectly situated between Fort Lauderdale Airport and the bustling, world-famous city of Miami. With kitchenettes available in select rooms, the properties' guest rooms all feature a television, microwave, and mini refrigerator. This well-run motel business boasts years of history and a steady stream of regular bookings. It's an excellent investment opportunity in a prime location.

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Essential Information

  • MLS® #A11598678
  • Price$7,100,000
  • Bathrooms0.00
  • Year Built1949
  • TypeCommercial
  • Sub-TypeHotel/Motel
  • StatusActive

Community Information

  • Address1219 S Federal Hwy
  • Area3020
  • CityHollywood
  • CountyBroward
  • StateFL
  • Zip Code33020-6029

Additional Information

  • Listing Courtesy ofONE Commercial LLC
  • Date ListedMay 31st, 2024
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Price Change History for 1219 S Federal Hwy, Hollywood, FL (MLS® #A11598678)

Date Details Change
Price Reduced from $7,300,000 to $7,100,000 $200,000 (2.74%)