Prime Turn-Key 20-Room Hotel in Hollywood, FL – Exceptional Investment Opportunity
Located in the vibrant city of Hollywood, FL, this fully operational 20-room hotel at 1290 S Federal Hwy, Hollywood, FL 33020 is a rare find for investors seeking a high-yield hospitality asset. Spanning 5,977 square feet, this single-story property offers seamless functionality and immediate revenue potential.
Built in 1950, the hotel benefits from high visibility along Federal Highway. With on-site parking and access to Fort Lauderdale-Hollywood International Airport and South Florida’s top beaches, this property is ideally positioned for strong occupancy rates.
Priced at $4,500,000, this turn-key investment is ready for an operator looking to capitalize on Hollywood’s growing tourism industry
1290 S Federal Hwy, Dania Beach, FL, 33004
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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