418 S Federal Hwy Hollywood, FL 33020
Property profile & analytics
418 S Federal Hwy Hollywood, FL 33020
- Motels
- 5,000 SF
- 0.34 lot acres
Property ID
US18-4053857
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
- Hill Motel / Hotel & Motel
Property Details for 418 S Federal Hwy
- Year built
- 1965
- Construction
- CONCRETE
- Lot size
- 0.34 lot acres
- Property size
- 5,000 SF
- Zone code
- FH-2
- Property type
- Motels
- APN
- 51-42-15-01-7280
- APU
- 514215017280
Description
This exceptional redevelopment opportunity presents a 30-key motel situated on two parcels totaling 0.62 acres in Hollywood, Florida. The property, built in 1965, currently comprises 26 short-term rental rooms and three apartment units, generating immediate revenue. Located approximately 1700 feet from Young Circle in Downtown Hollywood, the motel benefits from its proximity to the ArtsPark Amphitheater and the significant revitalization efforts underway in the area. Over $1.5 billion in ongoing and planned projects, including thousands of new residential units, are transforming Downtown Hollywood. The property's strategic location on Federal Highway, a major thoroughfare, and its proximity to I-95 (1.7 miles) ensure high visibility and accessibility. Zoned FH-2, the site allows for development up to 18 stories and 190 feet, offering impressive floor area ratios for both single-use (FAR of 3.75, approximately 101,277 square feet) and mixed-use (FAR of 4.75, approximately 128,284 square feet) configurations. Its location within the Community Redevelopment Agency (CRA) district and its designation as an Opportunity Zone provide incentives for increased density and tax advantages. Nearby developments such as 1818 Park and Nine Hollywood further underscore the area's growth potential. The asking price is $7,200,000. The property's APN is 5142-15-01-7280. This is a rare chance to capitalize on the burgeoning Hollywood market and secure healthy returns.
Value Estimations
based on Realmo’s proprietary methodology
-
Alternative Use
- Use
- Estimation
- HOTEL/MOTEL
- $3,175,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $3,335,000 Change: +5% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $2,945,000 Change: -7% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Hollywood
- County
- Broward
- State
- Florida
- Longitude
- -80.1432
- Latitude
- 26.0081
- 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
$0.00
$0.00
$1,342,550
-
$265,970
$1,308,050
$1,574,020
