2905 Sheridan St, Hollywood, FL 33020-1303

Exceptional investment opportunity: a 150-key Holiday Inn in Hollywood, Florida, boasting 91,139 square feet on a 4.51-acre lot. This six-story, 1995-built hotel is strategically located directly off Interstate-95, offering unparalleled visibility and accessibility with an AADT of approximately 264,700 vehicles daily. Its prime location provides easy access to the Seminole Hard Rock Hotel & Casino and Hollywood Beach Boardwalk, catering to a large and diverse market within South Florida's thriving tri-county area, a region with over 6,000,000 residents. The property features an interior corridor design and presents multiple income streams, including an existing lease with an adjacent business and on-site food and beverage operations. The hotel operates under the highly desirable IHG Holiday Inn flag, offering the potential for continued operation under this brand or the opportunity to upbrand to another prestigious flag, such as DoubleTree by Hilton. The asking price is $25,000,000, translating to $274.31 per square foot. The property is zoned IM-1 and its Broward County APN is 514204160010. This presents a unique chance to acquire a well-established hotel in a high-growth market.