$3,500,000
Steps from the beach and the hollywood beach broadwalk, this like-new 6-unit, two-story building (all one-bedroom units) is part of a rare 4-property boutique multifamily / short-term rental (str) portfolio in prime walk-to-the-beach locations in hollywood beach, fl. The portfolio is offered at $12, 300, 000.
This asset features approximately 3, 291 leasable sf on a 6, 271 sf lot and is located within hollywood beach’s most desirable district. All units offer open floor plans with kitchens, spacious living areas, new kitchens and bathrooms. Exterior improvements include 4 parking spaces, upgraded common areas, fresh plaster and paint, and landscaped grounds. The property is turnkey and ready to operate as a short-term rental or hotel.
The portfolio benefits from high-density zoning with favorable “motel” use and active municipal str licenses, allowing for immediate income. Operated as a scalable str platform with unified management, housekeeping, and ota distribution, the assets offer strong cash flow potential. Located in a corridor experiencing evolving zoning and increasing allowable densities, the portfolio provides multiple exit strategies including continued str operations, boutique lodging repositioning, or future assemblage and redevelopment.