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1290 S Federal Hwy
Dania Beach, FL 33004
Palms Inn Dania · Hospitality Property For Sale
·
20 Rooms
Executive Summary
Prime Turn-Key 20-Room Hotel in Hollywood, FL – Exceptional Investment Opportunity Located in the vibrant city of Hollywood, FL, this fully operational 20-room hotel at 1290 S Federal Hwy, Hollywood, FL 33020 is a rare find for investors seeking a high-yield hospitality asset. Spanning 5,977 square feet, this property offers seamless functionality and immediate revenue potential. Built in 1950, the hotel benefits from high visibility along Federal Highway. With on-site parking and access to Fort Lauderdale-Hollywood International Airport and South Florida’s top beaches, this property is ideally positioned for strong occupancy rates. Priced at $4,900,000, this turn-key investment is ready for an operator looking to capitalize on Hollywood’s growing tourism industry
Property Facts
| Price Per Room | $149,500 | Building Size | 6,545 SF |
| Sale Type | Investment | No. Rooms | 20 |
| Cap Rate | 10.70% | No. Stories | 1 |
| Property Type | Hospitality | Year Built | 1950 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | C | Parking Ratio | 1.78/1,000 SF |
| Lot Size | 0.37 AC | Corridor | Exterior |
| Zoning | SFED-MU | ||
| Price Per Room | $149,500 |
| Sale Type | Investment |
| Cap Rate | 10.70% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.37 AC |
| Building Size | 6,545 SF |
| No. Rooms | 20 |
| No. Stories | 1 |
| Year Built | 1950 |
| Tenancy | Single |
| Parking Ratio | 1.78/1,000 SF |
| Corridor | Exterior |
| Zoning | SFED-MU |
Amenities
- High Speed Internet Access
- Public Access Wifi
- Fully-Equipped Kitchen
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 20 | $105.00 | - |
Property Taxes
| Parcel Number | 51-42-03-10-6180 | Improvements Assessment | $1,985,540 |
| Land Assessment | $242,760 | Total Assessment | $2,228,300 |
Property Taxes
Parcel Number
51-42-03-10-6180
Land Assessment
$242,760
Improvements Assessment
$1,985,540
Total Assessment
$2,228,300
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