335 Georgia St, Hollywood, FL 33019
This exceptional Class A, stabilized investment opportunity presents a 12-unit boutique hotel located at 335 Georgia Street, Hollywood, Florida, 33019. Boasting a 6.05% cap rate and 100% occupancy, this property offers a compelling return on investment. Built in 1971 and extensively renovated in 2013, the single-story building sits on a 5,857 sq ft lot and features a beautifully finished Spanish tile roof. All 12 units are one-bedroom, one-bathroom apartments with full-size kitchens, impact windows, and split AC systems. The property benefits from on-site laundry facilities and is zoned BRT-25-R, offering potential for future development. Recent renovations included updated plumbing and electrical systems, ensuring the property meets modern standards. This rare opportunity to acquire a thriving hotel in the booming Hollywood Beach Broadwalk area is priced at $5,950,000.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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