320 New York St, Hollywood FL 33019
$9,900,000
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Income/MultiFamily, Commercial Sale
Premier Hollywood Beach location~Rare Trophy parcel & Income-producing assemblage spanning 3 1/2-contiguous lots, less than 50 yards from famous Hollywood Beach Broadwalk~The property consists of a 13 condominium units to be sold together, including 6~1BED/1BA units & 7 Efficiency units w/1 Bath*Formerly operated as a hotel/motel, offering both in-place cash flow and exceptional long-term upside~Several units have been beautifully renovated~Currently operated with a combination of annual, Airbnb & short-term seasonal rentals, the property presents an opportunity for a new owner to enhance revenue through updated management and market-rate repositioning. With its irreplaceable location, lot configuration, and favorable zoning, the property presents multiple exit strategies, including continued operation as a boutique rental asset or future luxury redevelopment~ The value is driven by land, frontage, income, and location rather than improvements alone. A compelling opportunity for an investor, end-user, or developer seeking a premier coastal asset with flexibility, optionality, and significant future potential in a supply-constrained market.
This income/multifamily home located at 320 New York St, Hollywood FL 33019 is currently for sale and has been available on Brickellsold for 6 days. This property is listed at $10M. It has N/A beds, N/A bathrooms, and is N/A square feet. It was built in 1988. 320 New York St, Hollywood FL 33019 is in Hollywood county Broward County.