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Property profile & analytics
OFF-MARKET Estimated value $770,000
Motels

1419 Federal Hwy Hollywood, FL 33020-6341

4,764 SF 0.35 ac lot Built 1950
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US18-4000322
Property summary
AI-generated overview

This exceptional investment opportunity presents a portfolio of four properties totaling 70 keys in Hollywood, Florida. The 29,982 square foot portfolio, built in 1950 and featuring two-story buildings, boasts a strong net operating income (NOI) of $845,990, resulting in a 7.05% cap rate. Priced at $11,995,000 ($400.07 per square foot and $171,000 per key), this stabilized investment offers seller financing for qualified buyers. The motel's prime location between Fort Lauderdale Airport and Miami ensures consistent occupancy, attracting both short-term tourists and long-term guests. Amenities include kitchenettes in select rooms, televisions, microwaves, and mini-refrigerators in all units. This established business, operating successfully for over 40 years, benefits from a loyal clientele and offers versatile stay options catering to various needs. Its proximity to Hollywood's renowned beaches further enhances its appeal. The portfolio's strong reputation for exceptional hospitality and customer service makes it an ideal acquisition for investors seeking a proven, high-performing asset in a sought-after South Florida vacation destination. The property's history of success and significant growth potential make it a compelling investment opportunity.

Property profile
Verified
Property type Motels
Use group MOTEL
Year built 1950
Construction CONCRETE
Total area 4,764 SF
Lot 0.35 ac (15,367 SF)
Zoning code FH-2
APN 51-42-22-09-0350
UPID US18-4000322
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Green Seas Motel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$690k
CAP Approach CAP
$550k
Comparable Approach Comparable
$1.06M
Blend (final) Blend
$770k
Owner & transaction history
Bedz Investments INC · 10 yrs held
Bedz Investments INC
since 2015
7 recorded transactions
2016
Price N/A
2015
$1.0M
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
FH-2 · Hollywood, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

FH-2 - Federal Highway Medium-High Intensity Mixed-Use District Uses Main Permitted Uses Accessory Uses Special Exception Uses Prohibited Uses Adult Educational Facilities 1 Amusement Uses (Indoor and Outdoor) Antique, Consignment, Collectible, and Vintage Store Artisan and Maker Manufacturing and Space Assembly of Pre-manufactured Parts for Sale on Premises…

Zone name Federal Highway Medium High Intensity Mixed Use District
General category MIXED_USE
Zone area 189.60 ac
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