Beachfront Investment Opportunity in
For Sale
$3,200,000
308 Monroe St, Hollywood, FL 33019
Beachfront motel with owner financing and upside potential.
Property Size4,658 SF
Lot Size0.18 Acres
Price / SF$686.99
Days on Market153
Property Features for 308 Monroe St
General Information
Standard status
Active
Size
4,658 SF
Lot size
0.18 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$51,711
Building Details
Year Built
1954
Units
10
Listing Agency:
(954) 558-0407
Listed By:
Daniel Kennedy
(954) 558-0407
Source:
Elliman
Added: Mar 11
Changed: Aug 8
Last Checked: Aug 8 at 5:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Daniel Kennedy
Investment Insights
Based on property information with market context.
This beachfront property, located at 308 Monroe Street in Hollywood, FL, presents an investment opportunity. Known as the Surf Inn, this hospitality/motel/multi-family income property is situated steps from the beach and the Atlantic Ocean. Constructed in 1954, the building has an approximate size of 4,658 square feet and is positioned on a 0.18-acre lot (7,690 square feet). It features 10 oversized units, each equipped with kitchens and generous layouts. The property benefits from its location on the quieter end of the beach, with pedestrian-friendly Broadwalk access, nearby bike rentals, restaurants, and entertainment options. A spacious front patio offers ocean views, suitable for guests, events, or relaxation. Additional features include private parking, solar panels, and new electric boxes for low utilities. Owner financing is available.
Key Highlights
- Prime beachfront location with direct access to Hollywood Beach and the Atlantic Ocean
- Owner financing available
- Hospitality/Motel/Multi‑Family income property with investment and upside potential
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
508
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33019, FL
15,497
Population
12,453
Households
1.2
Avg Household Size
55
Median Age
60%
College-Educated
97%
High-School Grad
3.7 sq mi
ZIP Area
4,188
Density / Sq Mi
$94,824
Median Household Income
$59,226
Median Earnings
$1,983
Median Rent
$631,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Similar Off Market Nearby
- Suite Vacays — 1467 mariner way, hollywood, fl 33019
- Solomon’s Home — 1550 s ocean dr, hollywood, fl 33019
- Hotel playa — 1715 s surf rd, hollywood, fl 33019
- Enchanted Isle Resort — 1601 S Surf Rd, Hollywood, FL 33019
- Manta Ray Inn — 1715 S Surf Rd, Hollywood, FL 33019
Frequently Asked Questions
What type of property is this?
Motel - Beachfront motel with owner financing and upside potential.
Where is this motel located?
The property is located at 308 Monroe St Hollywood, FL.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Prime beachfront location with direct access to Hollywood Beach and the Atlantic Ocean; Owner financing available; Hospitality/Motel/Multi‑Family income property with investment and upside potential
