Hollywood Central Beach
$3,500,000
333 Walnut St, Hollywood, FL 33019
3,291 sqft
Building Size
2
Units
Details:
Highlights:
- Lot Features: Less Than 1/4 Acre Lot
- Documents Available: Financial Statement, Other Available Information
- Architectural Style: Detached
- Cooling: Wall/Window Unit(s)
- Heating: Other
- Flooring: Other
- Construction Materials: Concrete Block With Brick
Description:
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.
Location
Gallery
