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    Motel with Apartment Units Title is generated by Realmo AI

    310 Grant Street, Hollywood, FL 33019

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    A 20-unit motel-style property with full-kitchen studio units and one-bedroom apartments near Hollywood Beach.

    Type:Multifamily, Hospitality, Land
    Property size:
    14,659 SF
    Lot size:
    0.49 Acres
    Price / SF:
    $869/SF
    Added:
    May 29, 2026
    Days on Market:
    9
    Last Refresh:
    Jun 6 at 2:28 am

    Property Features for 310 Grant Street

    General Information

    Standard status
    Active
    Size
    14,659 SF
    Lot size
    0.49 Acres
    Property subtype
    Multifamily, Hospitality, Land

    Building Details

    Year Built
    1940

    We can help!

    Listing Contact
    Dave Fine

    Listing agent Dave Fine License #FL 3254130

    Listing office EXP Realty LLC

    Listing date May 29, 2026

    Source Crexi

    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 EXP Realty LLC

    HighLights

    • 1940‑built Hollywood Beach motel and multifamily portfolio across from the Broadwalk and beach
    • 312 Minnesota St: 16‑unit motel with all studio units with full kitchens; building 4,490 SF on 7,306 SF lot; 9 parking spaces on Surf Rd
    • 310 Grant St: 20‑unit motel with 12 full one‑bedroom apartments and 8 studio units with full kitchens; building 8,011 SF on 14,643 SF lot
    • 322–324 Grant St: duplex with two 1‑bedroom, 1‑bath units; building 1,020 SF on 3,308 SF lot
    • Portfolio includes additional units at 329 Grant St (single‑family home with additional studio) and a parking lot at 316 Grant St
    • Total contiguous land: 21,259 SF across the Grant St/Minnesota St properties

    Overview

    This offering includes a 20-unit motel property with 12 full one-bedroom units and 8 studio units. The studio units feature full kitchens, supporting both shorter stays and longer, self-contained living arrangements within the same property mix.

    The Hollywood Beach portfolio is situated directly across the street from the Broadwalk and beach, with amenities along the Broadwalk within walking distance. The property is described as being in the heart of Hollywood Beach and located two blocks north of the Margaritaville Hotel & Resort. The remarks also note that the city has reinvested millions of dollars into improving area infrastructure, alongside multiple new developments that are either under construction or have already received approvals.

    With a combination of one-bedroom apartments and full-kitchen studios, this asset can support a range of hospitality and residential tenant profiles while keeping the unit mix on-site. The seller also indicates that some of the properties in the broader Hollywood Beach portfolio can be purchased individually, providing flexibility for buyers seeking a specific property within the lineup.
    Location Intelligence

    Current Use by Public Records

    Expo Motel Florida Hotel & Motel

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Building Supply Gym & Fitness Center Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Young Mansion — 1055 Hollywood Blvd, Hollywood, FL 33019
    • Hollywood Beach Resort Cruise Port — 101 N Ocean Dr, Hollywood, FL 33019
    • Historic Mansion Rental — 1055 Hollywood Blvd, Hollywood, FL 33019
    • Hollywood Beach Tower — 301 Harrison St, Hollywood, FL 33019
    • Historic Hollywood Beach Resort — 101 N Ocean Dr, Hollywood, FL 33019

    Location Insight

    • Map
    • Local Demand
    City
    Hollywood
    County
    Broward
    State
    Florida
    Longitude
    -80.1156575
    Latitude
    26.0204194

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    FAQs

    What type of property is this?
    Motel - A 20-unit motel-style property with full-kitchen studio units and one-bedroom apartments near Hollywood Beach.
    Where is this motel located?
    The property is located at 310 Grant Street Hollywood, FL.
    What is the asking price?
    The asking price for this property is $12,750,000.
    What are key features of this property?
    This property features: 1940‑built Hollywood Beach motel and multifamily portfolio across from the Broadwalk and beach; 312 Minnesota St: 16‑unit motel with all studio units with full kitchens; building 4,490 SF on 7,306 SF lot; 9 parking spaces on Surf Rd; 310 Grant St: 20‑unit motel with 12 full one‑bedroom apartments and 8 studio units with full kitchens; building 8,011 SF on 14,643 SF lot
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Dave Fine
    Real Estate License ID: FL 3254130
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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