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St Maurice Beach Inn 310 Michigan St 30 Room Hotel Hollywood, FL 33019 $8,400,000 ($280,000/Room) 7.74% Cap Rate
INVESTMENT HIGHLIGHTS
- Steps from the world famous Hollywood Beach and Broadwalk
- Best location in Hollywood
- Absentee run
EXECUTIVE SUMMARY
A 28 guest room boutique hotel nestled up to the Margaritaville, Lone Pine Tiki Bar, It's 5 O'clock Somewhere, Cheeseburger in Paradise Bar and Restaurant, the Boardwalk and the
Atlantic Ocean. 10 mins from FT. Lauderdale, 15 mins from Miami, and steps away from the beach....
Most rooms are efficiencies and there are also 2 one- bedrooms with full kitchens. Management is in place and turn-key. This property can be run from any place in
the world or enjoyed year-round. There are endless possibilities, as it is an amazing spot for any of the following: cafe, bar, restaurant, condo-hotel with lounge,
shops....
Right along the boardwalk for ultimate convenience Waterfront views from the hotel and walkways Hotel provides bikes for free as a fun activity
Close proximity to fashion-forward Los Olas Boulevard
Atlantic Ocean. 10 mins from FT. Lauderdale, 15 mins from Miami, and steps away from the beach....
Most rooms are efficiencies and there are also 2 one- bedrooms with full kitchens. Management is in place and turn-key. This property can be run from any place in
the world or enjoyed year-round. There are endless possibilities, as it is an amazing spot for any of the following: cafe, bar, restaurant, condo-hotel with lounge,
shops....
Right along the boardwalk for ultimate convenience Waterfront views from the hotel and walkways Hotel provides bikes for free as a fun activity
Close proximity to fashion-forward Los Olas Boulevard
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $8,400,000 | Lot Size | 0.30 AC |
| Price Per Room | $280,000 | Building Size | 9,000 SF |
| Sale Type | Investment | No. Rooms | 30 |
| Cap Rate | 7.74% | No. Stories | 1 |
| Property Type | Hospitality | Year Built/Renovated | 1936/2018 |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | C | ||
| Zoning | BRT-25-C - Beach Resort Commercial District | ||
| Price | $8,400,000 |
| Price Per Room | $280,000 |
| Sale Type | Investment |
| Cap Rate | 7.74% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 9,000 SF |
| No. Rooms | 30 |
| No. Stories | 1 |
| Year Built/Renovated | 1936/2018 |
| Corridor | Exterior |
| Zoning | BRT-25-C - Beach Resort Commercial District |
AMENITIES
- Business Center
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 2 | $234.00 | - |
| Guest Room | 28 | $121.00 | - |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $3,419,180 | |
| Land Assessment | $431,360 | Total Assessment | $4,922,200 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$431,360
Improvements Assessment
$3,419,180
Total Assessment
$4,922,200
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Presented by
KC King
St Maurice Beach Inn | 310 Michigan St
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