
$9,900,000 USD
Commercial for Sale, 320 New York St, Hollywood, Florida 33019
- MLS#A11950868
Listed By All Pro Realty
The Commercial Property for Sale located at 320 New York St, Hollywood, Florida 33019 is currently for sale. 320 New York St, Hollywood, Florida 33019 is listed for $9,900,000.
Property features
Lot/Land
- Land/Lot size:
1,015 m² (10,920 ft²)
Construction
- Year built: 1988
Heating and Cooling
- Cooling system: Wall Or Window Units
Utilities
- Other utilities: Public
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.
Location
320 New York St, Hollywood, Florida 33019