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317 Polk Street

Hollywood, FL 33019
  • $4,200,000
  • STATUS: Active
  • ON SITE: 223 Days
  • MLS #: F10312997
UPDATED: 64 min ago
$4,200,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1940
County:
Area:

School Ratings & Info

Description

An opportunity to acquire this unique property just steps from the Hollywood Beach!! Great for investors or developers! Villa Sinclair Beach Suites offers 7 large furnished suites with full kitchens and bathrooms, a Hookah Lounge/Bar with Beer & Wine license, sitting on approx. 6,400 SF Lot (3,480 SF/AC+4,680 SF Outdoor). Can also be rebuilt into a 6 Story, 12 Unit Condo Building or add 1 more floor to the current building to give a rooftop bar plus deck for entertaining! New owner can earn over a 7.5% return based on 2021 income & expenses. Owner made many improvements to the property including 48 Hurricane impact Windows, 28 Aluminum Bahamian Shutters, 160'Hurricaine Proof Fence, 12 x 12,000 BTU Mini Split A/C units and much more! REAL ESTATE INCLUDED! Video tour and 100 gallery photos.

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All listings featuring the BMLS logo are provided by BeachesMLS Inc. Copyright ©2022 BeachesMLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed. Data last updated 2022-08-16T18:18:33.43.
www.buyingsoflo.com/homes/124423744
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317 Polk Street Hollywood, FL 33019

  • Price: $4,200,000
  • Status: Active
  • On Site: 223 Days
  • Updated: 64 min ago
  • MLS #: F10312997
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1940
Built
Neighborhood:
3030
County:
Broward
Area:
3030
Property Description
An opportunity to acquire this unique property just steps from the Hollywood Beach!! Great for investors or developers! Villa Sinclair Beach Suites offers 7 large furnished suites with full kitchens and bathrooms, a Hookah Lounge/Bar with Beer & Wine license, sitting on approx. 6,400 SF Lot (3,480 SF/AC+4,680 SF Outdoor). Can also be rebuilt into a 6 Story, 12 Unit Condo Building or add 1 more floor to the current building to give a rooftop bar plus deck for entertaining! New owner can earn over a 7.5% return based on 2021 income & expenses. Owner made many improvements to the property including 48 Hurricane impact Windows, 28 Aluminum Bahamian Shutters, 160'Hurricaine Proof Fence, 12 x 12,000 BTU Mini Split A/C units and much more! REAL ESTATE INCLUDED! Video tour and 100 gallery photos.
Exterior Features

Approximate Lot Size 6380 Construction Type Concrete Block ConstructionStucco Exterior Construction Location Of Property Beach AccessCity Location Parking Spaces 8 Type Of Property Hotel

Interior Features

Cooling Description Central Individual A/C Floor Description Tile Floors

Property Features

Auction YN No Geographic Area Hollywood East (3010-3050) Miscellaneous Information State LicensesTrade Licenses Ownership Self Proprietor/Individual Possession Information Funding REO No Sewer Description Public Sanitation Short Sale No Total Expenses 227000 Water Description Public Water Year Built Description Resale Zoning Information Brt-25-C

Listing provided courtesy of Kensington & Company Inc. Listing information © 2022 BeachesMLS


All listings featuring the BMLS logo are provided by BeachesMLS Inc. Copyright ©2022 BeachesMLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed. Data last updated 2022-08-16T18:18:33.43.
 
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GK Realty Group LLC
1401 N University DR #407
Coral Springs FL, 33071