2300-2325 N Surf RD, Hollywood, FL 33019
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Est. payment | /mo

9,439 SqFt


-
Est. payment | /mo

9,439 SqFt

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 9,439 sqft

MLS Listing ID A12053450

Construction Status Resale

HOA Y/N No

Year Built 1970

Annual Tax Amount $157,789

Lot Size 0.380 Acres

Acres 0.38

Property Sub-Type Hotel/Motel

Property Description

Rare Oceanfront Hospitality Opportunity on Hollywood Beach Broadwalk. The Riptide Hotel is a unique oceanfront hospitality property located directly on the Hollywood Beach Broadwalk, a renowned 2.5-mile pedestrian promenade. The property features 20 direct oceanfront guestrooms and operates as a vibrant beachfront destination with a tiki bar, full-service restaurant, and newly added coffee shop. The offering includes two oceanfront buildings with brand-new roofs, 7 on-site parking spaces, and a separate private parking lot with 14 spaces, for a total of 21 private parking spaces. The property occupies an entire oceanfront block, an exceptionally rare configuration on the Broadwalk. The hotel is in good condition and operates as a turnkey income-producing asset with value-add potential, including room upgrades, room service, and the possible addition of guestrooms and a pool, subject to approvals. A 300+space municipal parking garage was completed on the same street in recent years, significantly improving accessibility and helping establish the hotel as a true destination along the Broadwalk. The property also offers redevelopment potential, with approved architectural renderings for a new four-story, 31-room boutique hotel featuring a restaurant, bar, retails, rooftop and covered parking. Plans are included in the sale. A rare opportunity to acquire an irreplaceable oceanfront hotel asset in a premier, supply-constrained beachfront market.

Location

State FL

County Broward

Area 3010

Region Hollywood

City Region Hollywood

Interior

Flooring Tile

Fireplace No

Exterior

Amenities Available Beach Access

Road Frontage City Street

Total Parking Spaces 21

Building

Lot Description Corner Lot

Dwelling Type Hotel/Motel

Story 2

New Construction No

Construction Status Resale

Others

Pets Allowed No

Tax ID 514212011730

Security Features Security System

Acceptable Financing Cash

Listing Terms Cash

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12053450

BeachesMLS, Inc. (FLR) VOW
Listed by David Benichou LIV Real Estate Group

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2300-2325 N Surf RD

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