2307 Surf Rd, Unit 1-8 Hollywood, FL 33019-3528
Property profile & analytics
2307 Surf Rd, Unit 1-8 Hollywood, FL 33019-3528
- Motels
- 5,318 SF
- 0.30 lot acres
Property ID
US18-6020384
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Surf Terrace Apartments / Apartment Building
- The Surf Hollywood Beach / Hotel & Motel
Property Details for 2307 Surf Rd
- Year built
- 1953
- Construction
- CONCRETE
- Lot size
- 0.30 lot acres
- Property size
- 5,318 SF
- Zone code
- BRT-25-C
- Property type
- Motels
- APN
- 51-42-12-01-1740
- APU
- 514212011740
Description
This exceptional 8-unit office building, located at 2307 N Surf Road in Hollywood, Florida, presents a unique investment opportunity. Built in 1953, this two-story structure boasts a prime beachfront location, just steps from the sand. The property features eight sizable units, each equipped with lock-out doors, allowing for flexible rental arrangements and potentially increasing the unit count to ten. The building's Art Deco style has been tastefully modernized, maintaining its charm while offering contemporary amenities. The property sits on four commercially zoned lots, providing potential for expansion, such as adding a tiki bar to capitalize on the high foot traffic from the neighboring hotel/bar. The building includes convenient features such as a separate coin-operated laundry room and an owner's/office unit. Hurricane-resistant windows and doors ensure peace of mind. The property's impressive curb appeal and remarkable location contribute to its strong performance, currently generating over $350,000 in gross annual revenue, largely driven by online bookings and returning clientele. Parking is available at the rear of the building. The asking price is $6,400,000. This is a rare chance to own a piece of paradise and a highly profitable commercial property in a coveted location. The lot size is not specified. The zip code is 33019.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,435,000
- ML approach
- $3,715,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $4,029,000
- AI Estimate
- $3,412,000
Market price range: $2.22M - $4.13MMarket price range: $1.58M - $4.01M -
Alternative Use
- Use
- Estimation
- HOTEL/MOTEL
- $3,390,000 Current use
- RESTAURANT
- $4,650,000 Change: +37% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $3,545,000 Change: +5% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $3,130,000 Change: -8% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Hollywood
- County
- Broward
- State
- Florida
- Longitude
- -80.1153
- Latitude
- 26.0261
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$0.00
$592,760
$2,600,800
$3,193,560
-
$592,760
$2,600,800
$3,193,560
