$13,999,000

HOTEL HAS 20 OCEANFRONT ROOMS AND FEATURES A LIVELY TIKI BAR, A CAFE AND A RESTAURANT. THIS PROPERTY IS LOCATED ON HOLLYWOOD BROADWALK, UNIQUE OCEANFRONT PROMENADE STRETCHING 2.5 MILES ALONG THE OCEAN. SALE INCLUDES 2 BUILDINGS FACING THE OCEAN AND A SMALL LOT USED AS PARKING FACILITY FOR 13 CARS. THE AREA AND THE LOCATION ARE FANTASTIC. THE WHOLE BLOCK. UNIQUE PROPERTY. IT OPERATES AS A HOTEL, RESTAURANT AND TIKI BAR. HOTEL IS IN VERY GOOD CONDITION. CITY HAS BUILT A NEW 300 CAR GARAGE AT THE CORNER OF A1A AND NEVADA. THERE IS A POSSIBILITY FOR A NEW OWNER TO BUILD A NEW STRUCTURE. PLANS ARE IN PLACE FOR THE CONSTRUCTION OF A NEW 32 ROOMS HOTEL ON 4 FLOORS WITH A RESTAURANT, BOUTIQUE, BAR AND COVERED PARKING. CITY HAD APPROVED ARCHITECTURAL RENDERINGS. IT NEEDS TO BE UPDATED.