Overview
- Updated On:
- July 10, 2024
Description
A Tropical Oasis, The Beach Tides Hotel located east of A1A in Hollywood Beach, has 11 rooms; (5 Suites, 5 Studios, all w/ full kitchens, & 1 std. Hotel room). Active Income producing property with 6+% cap rate, high occupancy year round, & $350K+ revenue potential. Quiet, serene hotel w/11 electric meters, 12 toilets, 12 parking spots, separate office bldg., 2 washers, 2 dryers, on floor storage & extra storage shed. 50 Year inspection complete. Steps to the Ocean, walk to Margaritaville, Hollywood Beach Boardwalk. Nestled into a tropical landscape, this paradise is the perfect getaway to unwind. Near Airport, World Class sports and entertainment in Miami and Ft Lauderdale. Currently owner managed. Please call listing agent for more info. (Showings dependent on occupancy).
- Principal and Interest
- Property Tax
- HOA fee
