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$ 9,900,000
Est. payment /mo
Active
320 New York St Hollywood, FL 33019
12,000 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 12,000 sqft
Price per Sqft $825
MLS Listing ID A11950868
HOA Fees $20,402/ann
HOA Y/N Yes
Year Built 1988
Annual Tax Amount $7,068
Lot Size 0.251 Acres
Property Sub-Type Condominium
Property Description
Premier Hollywood Beach location~Rare Trophy parcel & Income-producing assemblage spanning 3 1/2-contiguous lots, less than 50 yards from famous Hollywood Beach Broadwalk~The property consists of a 13 condominium units to be sold together, including 6~1BED/1BA units & 7 Efficiency units w/1 Bath*Formerly operated as a hotel/motel, offering both in-place cash flow and exceptional long-term upside~Several units have been beautifully renovated~Currently operated with a combination of annual, Airbnb & short-term seasonal rentals, the property presents an opportunity for a new owner to enhance revenue through updated management and market-rate repositioning.
With its irreplaceable location, lot configuration, and favorable zoning, the property presents multiple exit strategies, including continued operation as a boutique rental asset or future luxury redevelopment~ The value is driven by land, frontage, income, and location rather than improvements alone. A compelling opportunity for an investor, end-user, or developer seeking a premier coastal asset with flexibility, optionality, and significant future potential in a supply-constrained market.
With its irreplaceable location, lot configuration, and favorable zoning, the property presents multiple exit strategies, including continued operation as a boutique rental asset or future luxury redevelopment~ The value is driven by land, frontage, income, and location rather than improvements alone. A compelling opportunity for an investor, end-user, or developer seeking a premier coastal asset with flexibility, optionality, and significant future potential in a supply-constrained market.
Location
State FL
County Broward
Area 3030
Direction GPS- Between Sheridan & Hollywood Blvd East off A1A 50 yards to Broadwalk
Interior
Heating Other
Cooling Other, Wall/Window Unit(s)
Flooring Tile
Window Features Impact Glass
Exterior
Exterior Feature Security/High Impact Doors
Roof Type Other
Private Pool Yes
Building
Water Public
Structure Type Block
Others
Tax ID 514213BK0010
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://show.tours/hCtf6yff
Listed by All Pro Realty
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