Premier Hollywood Beach location~Rare Trophy parcel and 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

320 NEW YORK ST, Hollywood

$9,900,000 USD
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Address320 NEW YORK ST, Hollywood
Type of PropertyIncome / MultiFamily
Type of BusinessCondominium, Apartments
Price$9,900,000
Property StatusActive
MLS NumberA11950868
Property Size10920
Lot Size10920
Year Built1988
Folio Number514213BK0010
Zoning InformationBRT-25-C
Days on Market70

Detailed Description: Premier Hollywood Beach location~Rare Trophy parcel and 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 and 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 and 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 in

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Address Information
StateFlorida
CityHollywood
CountyBroward County
Zip Code33019
Address320 NEW YORK ST
Section13
Zip Code (4 Digits)1431
Financial Information
Price$9,900,000
Price per Foot$0
Folio Number514213BK0010
Association Fee$20,402
Tax Amount$7,068
Possession InformationFunding
Full Descriptions
Detailed DescriptionPremier Hollywood Beach location~Rare Trophy parcel and 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 and 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 and 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 in
How to ReachGPS- Between Sheridan and Hollywood Blvd East off A1A 50 yards to Broadwalk
Roof DescriptionOther
Floor DescriptionTile
Cooling DescriptionOther, Wall / Window Unit (s)
Heating DescriptionOther
Water DescriptionPublic
Property parameters
Living Area10920
Lot Size10920
Total Acreage0.000
Zoning InformationBRT-25-C
Maximum Leasable Size10920
Year Built1988
Type of PropertyIncome / MultiFamily
Type of BusinessCondominium, Apartments
Construction TypeCBS Construction
Listed withAll Pro Realty