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About This Property
Steps from the beach and the Hollywood Beach Broadwalk, this like-new 6-unit, two-story building (all one-bedroom units) is part of a rare 4-property boutique multifamily / short-term rental (STR) portfolio in prime walk-to-the-beach locations in Hollywood Beach, FL. The portfolio is offered at $12,300,000. This asset features approximately 3,291 leasable SF on a 6,271 SF lot and is located within Hollywood Beach’s most desirable district. All units offer open floor plans with kitchens, spacious living areas, new kitchens and bathrooms. Exterior improvements include 4 parking spaces, upgraded common areas, fresh plaster and paint, and landscaped grounds. The property is turnkey and ready to operate as a short-term rental or hotel. The portfolio benefits from high-density zoning with favorable “Motel” use and active municipal STR licenses, allowing for immediate income. Operated as a scalable STR platform with unified management, housekeeping, and OTA distribution, the assets offer strong cash flow potential. Located in a corridor experiencing evolving zoning and increasing allowable densities, the portfolio provides multiple exit strategies including continued STR operations, boutique lodging repositioning, or future assemblage and redevelopment.
Property Features
County
Broward County
Section
Area
3291
Subdivision
HOLLYWOOD CENTRAL BEACH
Interior
Cooling
Wall/Window Unit(s)
Bedrooms
Floors
Other
Full Baths
Appliances
Heating
Other
Style
Detached
Garage Spaces
Construction/Exterior
Concrete Block With Brick
Patio / Deck Description
Exterior
Has a Pool
Possession
Funding
Lot Size in Acres
Water
Sewer
Public Sewer
Lot Size in Sq. Ft.
0
Has Waterfront
No
Parking Description
View
Has Garage
No
Roof/Attic
Flat Roof With Facade Front
Senior Community
No
Other Utilities
Property Type
Residential Income
Pets
Property SubType 2
Quadruplex
Tax Year
2024
Year Built
1975
Tax Amount
$43172
APN
NA
Square Feet Source
NA
Map
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