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Hill Motel 418 S Federal Hwy 26 Pièce Hôtel Hollywood, FL 33020 9 990 355 $ CAD (384 244 $ CAD/Pièce)
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Résumé de l'annonce
Positioned in the heart of Downtown Hollywood’s rapidly transforming urban core, Hill Motel presents a rare opportunity to acquire a prime redevelopment site just steps from Young Circle and the city’s vibrant mixed-use district.
The property spans approximately 0.62 acres along highly trafficked Federal Highway and is currently improved with an income-producing boutique motel featuring short-term rental rooms and apartment units, allowing investors to generate interim cash flow while pursuing redevelopment approvals.
The site is zoned FH-2, permitting high-density residential, hospitality, or mixed-use development with allowable heights up to 18 stories (190 feet). The zoning supports a potential buildout exceeding 100,000 square feet for single-use projects and approximately 128,000 square feet for mixed-use configurations.
Located within Hollywood’s CRA District and Opportunity Zone, the property benefits from favorable density incentives, tax advantages, and significant public infrastructure investment. Downtown Hollywood continues to experience substantial growth, with more than $1.5 billion in active and planned developments reshaping the area into one of South Florida’s emerging live-work-play destinations.
Surrounded by recently completed and proposed multifamily and mixed-use projects, including developments near Federal Highway and Young Circle, the site is strategically positioned to capitalize on continued residential and commercial demand in Broward County
The property spans approximately 0.62 acres along highly trafficked Federal Highway and is currently improved with an income-producing boutique motel featuring short-term rental rooms and apartment units, allowing investors to generate interim cash flow while pursuing redevelopment approvals.
The site is zoned FH-2, permitting high-density residential, hospitality, or mixed-use development with allowable heights up to 18 stories (190 feet). The zoning supports a potential buildout exceeding 100,000 square feet for single-use projects and approximately 128,000 square feet for mixed-use configurations.
Located within Hollywood’s CRA District and Opportunity Zone, the property benefits from favorable density incentives, tax advantages, and significant public infrastructure investment. Downtown Hollywood continues to experience substantial growth, with more than $1.5 billion in active and planned developments reshaping the area into one of South Florida’s emerging live-work-play destinations.
Surrounded by recently completed and proposed multifamily and mixed-use projects, including developments near Federal Highway and Young Circle, the site is strategically positioned to capitalize on continued residential and commercial demand in Broward County
Faits sur la propriété
Commodités
- Boutique/hôtel mode de vie
Pièce renseignements sur le mélange
| Description | Nombre de pièces | Taux quotidien | pi² |
|---|---|---|---|
| Guest Room | 26 | 85,43 $ CAD | - |
1 1
Moyennement practicable à pied
70/100
Moyennement facile d'accès en voiture
70/100
Transports en commun relativement accessibles
40/100
Moyennement praticable en vélo
60/100
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 2 673 457 $ CAD | |
| Évaluation du terrain | 661 995 $ CAD | Évaluation totale | 3 335 452 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
661 995 $ CAD
Évaluation des bâtiments
2 673 457 $ CAD
Évaluation totale
3 335 452 $ CAD
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Hill Motel | 418 S Federal Hwy
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