Hollywood Central Beach, 333 Walnut St, Hollywood, FL, Florida 33019

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.