Beachfront Motel with Oceanview
For Sale
$2,900,000
Pending
308 Monroe St, Hollywood, FL 33019
Motel property with 10 units featuring kitchens, plus a spacious front patio and private parking.
Property Size4,658 SF
Lot Size0.18 Acres
Days on Market59
Property Features for 308 Monroe St
General Information
Standard status
Pending
Size
4,658 SF
Lot size
0.18 Acres
Property subtype
Commercial
Additional Details
Business Included
Yes
Multifamily Units
10
Taxes and HOA fees
Annual Taxes
$51,711
Building Details
Year Built
1954
Stories
1
Units
10
Tenancy
Multi
Listing Agency:
Hollywood Beach Realty Inc
(954) 558-0407
Listed By:
Daniel Kennedy · License #0516224
(954) 558-0407
Source:
Elliman
Added: Jun 13
Changed: Aug 7
Last Checked: Aug 1 at 10:57AM
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 Hollywood Beach Realty Inc
Investment Insights
Based on property information with market context.
This motel property was built in 1954 and includes approximately 10 oversized units, each with a kitchen and generous layouts. The building measures approximately 4,658 square feet and sits on an approximately 0.18-acre lot. On-site improvements include a spacious front patio with ocean views, private parking, solar panels, and newly installed electric boxes, which may support ongoing operating efficiency.
The property is positioned just steps from the beach and Atlantic Ocean on the quieter end of the beachfront area. It fronts a pedestrian-friendly broadwalk and is described as conveniently located near bike rentals, restaurants, and entertainment options.
For an owner-operator or investor considering hospitality use, the unit configuration—with kitchen-equipped layouts—can support guest stays and longer-leaning comfort. The ocean-view patio provides an outdoor common area that may work for guest enjoyment or small events, while private parking supports on-site arrival needs. The offering notes owner financing availability for qualified buyers.
The property is positioned just steps from the beach and Atlantic Ocean on the quieter end of the beachfront area. It fronts a pedestrian-friendly broadwalk and is described as conveniently located near bike rentals, restaurants, and entertainment options.
For an owner-operator or investor considering hospitality use, the unit configuration—with kitchen-equipped layouts—can support guest stays and longer-leaning comfort. The ocean-view patio provides an outdoor common area that may work for guest enjoyment or small events, while private parking supports on-site arrival needs. The offering notes owner financing availability for qualified buyers.
Key Highlights
- Surf Inn motel/multi‑family income property built in 1954
- 10 oversized units, each with a kitchen and generous layouts
- Approx. 4,658 SF building on a 0.18‑acre (7,690 SF) lot
Property Analytics
Property Profile
Current Use
Lease Details
10
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
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
Questions? Ask Rey
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Similar Off Market Nearby
- Suite Vacays — 1467 mariner way, hollywood, fl 33019
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- 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 - Motel property with 10 units featuring kitchens, plus a spacious front patio and private parking.
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 $2,900,000.
What are key features of this property?
This property features: Surf Inn motel/multi‑family income property built in 1954; 10 oversized units, each with a kitchen and generous layouts; Approx. 4,658 SF building on a 0.18‑acre (7,690 SF) lot
