1223 N Federal Hwy, Hollywood FL 33020
Total of 27 units on three parcels. Majority of units equipped with kitchenettes. Renovated in 2022, currently operating as a hotel. Zoning allows for unlimited residential development density with a maximum building height of 14 stories. Hollywood Garden Inn & Suites: 18 rooms, built in 1955, 0.33 acres. Residential Assemblage 1 (1214 N 17 Court): 6 rooms, built in 1946, 0.25 acres. Residential Assemblage 2 (1218 N 17 Court): 3 rooms, built in 1952, 0.19 acres. Hollywood Garden Inn & Suites achieved over $550,000 in revenues in the past year, with some rooms offline due to renovations. Over $1 million in renovations completed in 2022. Strategic location with a high daily traffic count of 32,000 on North Federal Highway.
