Windswept Condominium

3 Unit Apartment Building | $7,500,000 ($2,500,000/Unit) | Hollywood, FL 33019

Asking Price $7,500,000

Sale Condition: 1031 Exchange
Property Type: Multifamily
Square Feet: 8,240 SF

Listing Contacts

Roger Lohse

Verified Profile

Property Info

Property Overview

Introducing a remarkable investment / redevelopment opportunity on Hollywood Beach, Florida – a stunning triplex perfectly positioned along the city's renowned Broadwalk. This impressive property offers a total of 10 bedrooms and 6 bathrooms, providing an excellent choice for both individual buyers and those seeking a unique investment. The interior layout is designed so that the building can be occupied as one large home or as three individual units. Live in one unit and rent the other two. Or buy the whole building and live in it as a single family home. Situated on Hollywood's famous Broadwalk in a commercial zoning district, this property could also be redevelopment into a boutique hotel with a ground floor restaurant. Residents and guests will enjoy the convenience of being just a short walk away from an array of restaurants and shopping destinations. The property boasts spectacular views of the ocean and provides a picturesque backdrop. Whether you choose to unwind in the comfort of your living space or step outside to embrace the coastal beauty, this triplex offers a lifestyle that seamlessly blends sophistication with the charm of beachfront living. Don't miss the chance to make Hollywood Beach your home or investment hub. No rental income history or P & L statement available because the seller has been occupying the entire building as a single family home.

Property Details

Class: B
Year Built/Renovated: 1980/2021
Stories: 3
Property Subtype: Storefront Retail/Residential, Dormitory
Lot Size (sq. ft): 6,534 SF
Units: 3

Highlights

Direct oceanfront
Front row to Hollywood's historic Broadwalk beachfront promenade
Use as a single family home, three unit condo/short term rental or redevelop to boutique hotel

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