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1219 S Federal Hwy

$7,100,000

1219 S Federal Hwy, Hollywood, FL 33020

Active
Last Updated: 01/29/2025

26,082 sqft

Building Size

1949

Year Built

Details:
Building Size:    26,082 sqft
Year Built:    1949
Description:

As the exclusive representative of the seller, One Commercial Real Estate is pleased to present for sale to qualified investors Richard's Motel located in Hollywood, FL. This portfolio, composed of 2 properties, offers a healthy mix of motel rooms and apartment units and is available for $7,300,000, or $208,000 per key.

Richard's Motel is perfectly situated between Fort Lauderdale Airport and the bustling, world-famous city of Miami. With kitchenettes available in select rooms, the properties' guest rooms all feature a television, microwave, and mini refrigerator. This well-run motel business boasts years of history and a steady stream of regular bookings. It's an excellent investment opportunity in a prime location.

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