2300-2325 N Surf RD, Hollywood, FL 33019
2300-2325 N Surf RD, Hollywood, FL 33019
2300-2325 N Surf RD, Hollywood, FL 33019
2300-2325 N Surf RD, Hollywood, FL 33019
2300-2325 N Surf RD, Hollywood, FL 33019
2300-2325 N Surf RD, Hollywood, FL 33019
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Cliff Melerine

Cliff Melerine

+1(786) 554-6435
$ 13,980,000
Est. payment | /mo

9,439 SqFt

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$ 13,980,000
Est. payment | /mo
Save Virtual Tour

9,439 SqFt

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 9,439 sqft

Price per Sqft $1,481

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

Zoning BWK-25-H

Interior

Interior Features InteriorFeatures

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

Structure Type Block

New Construction No

Construction Status Resale

Others

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) IDX
Listed by David Benichou LIV Real Estate Group

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2300-2325 N Surf RD