Villa Sinclair - Hotel, Hookah, and Bar

317 Polk Street in Hollywood is an extraordinary investment encompassing the renowned Villa Sinclair Beach Suites and Spa and the Love Buddha Bar and Hookah Lounge nestled on Hollywood Beach. This turnkey cash-generating enterprise with possible 50% seller financing features 8,160 square feet of commercial space on 6,400 square feet of land, home to the 3,480-square-foot hotel and 4,680-square-foot outdoor beach club bar and hookah lounge. The site provides an ideal setting just 100 feet away from the internationally famous Hollywood Beach Broadwalk. Rarely does an opportunity arise to secure a turnkey property and thriving businesses with an enticing 50% seller financing option.

This unique Villa Sinclair Hotel comprises six spacious, furnished suites complete with full-size kitchens and bathrooms to ensure a luxurious retreat for guests. Ownership has paid thoughtful attention to enhancements and details. Outdoor amenities include a four-seater cedar UV sauna, a seven-seater 70-jet hot tub, two outdoor showers, five outdoor TVs, a 75-inch 4K TV, three barbecues, and necessary ADA bathroom accessibility. The property also features fireplaces, three pergolas, 10 beachside cabanas, daybeds, games, and bike rentals.

The Love Budda Bar and Hookah Lounge adds to the allure, boasting CO2P beer and wine, bar prep, food, tobacco, and hookah licenses. It comes fully stocked and equipped, ready to make money on day one. The seller offers attractive financing terms for prospective buyers, including interest-only payments for two years at 7.5% interest, with a monthly fee of only $12,500, a balloon payment due in two years extendable to four years, and a 50% down payment.

This dynamic property and land hold immense potential for future development. Zoning allows projects up to 65 feet high with 30,000 square feet per acre, a 12-unit condo hotel with a maximum of 12 stories, and a ground floor for commercial use with a 5,000-square-foot rooftop bar and deck, elevating the entertainment potential. Ownership's dedication is evident through numerous accolades, including the Best of 2024 Hollywood Beach, AAA Three Diamond awards, a BBB A+ rating, a 4.5-star Google rating, a 4.9-star Yelp rating, and a Small Elegant Hotels of the World certification.

The boutique hotel, bar, and hookah lounge are fully equipped with furnishings, fixtures, equipment, and appliances. These three businesses come turnkey and licensed, with websites, social media pages, online listings, and printed brochures, including already paid-for 2024 advertising. The buyer can make it their own, and the seller will include 100 original artworks. The entire beach lounge decorations are included in the sale. Positioned just 100 feet from the sandy expanse of the famed Hollywood Beach Broadwalk, 317 Polk Street epitomizes a rare blend of prime location, established success, and boundless potential, presenting an unparalleled investment opportunity in the heart of Hollywood, Florida.