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954-557-5993
Real Estate Company
2300-2325 N Surf Rd, Hollywood, FL 33019
- $13,900,000
- List Price
- $13,900,000
- Price Change
- ▼ $80,000 1792720930
- MLS#
- A12053450
- Lot Size
- 16,548
- Subtype
- Hotel/Motel
- County
- Broward
- Community
- Not Found
- Year Built
- 1970
Property Description
Rare Oceanfront Hospitality Opportunity on Hollywood Beach Broadwalk. The Riptide Hotel is a unique oceanfront hospitality property located directly on the Hollywood Beach Broadwalk, a renowned 2.5-mile pedestrian promenade. The property features 20 direct oceanfront guestrooms and operates as a vibrant beachfront destination with a tiki bar, full-service restaurant, and newly added coffee shop. The offering includes two oceanfront buildings with brand-new roofs, 7 on-site parking spaces, and a separate private parking lot with 14 spaces, for a total of 21 private parking spaces. The property occupies an entire oceanfront block, an exceptionally rare configuration on the Broadwalk. The hotel is in good condition and operates as a turnkey income-producing asset with value-add potential, including room upgrades, room service, and the possible addition of guestrooms and a pool, subject to approvals. A 300+space municipal parking garage was completed on the same street in recent years, significantly improving accessibility and helping establish the hotel as a true destination along the Broadwalk. The property also offers redevelopment potential, with approved architectural renderings for a new four-story, 31-room boutique hotel featuring a restaurant, bar, retails, rooftop and covered parking. Plans are included in the sale. A rare opportunity to acquire an irreplaceable oceanfront hotel asset in a premier, supply-constrained beachfront market.
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Additional Information
- Status Label
- ACTIVE
- Total Unitsin Complex
- 20
- Boat Service
- Building & Land, Business, Fixtures
- Construction
- CBS Construction
- Flooring
- Tile
- Lot Description
- Beach Access, Corner Lot, Near Airport, Near Seaport
- Security
- Security System
- Taxes
- $157,789
- Total Floors
- 2
- Waterfront
- Yes
- Stories
- 2
- Boat Services
- Building & Land, Business, Fixtures
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Listing Courtesy of LIV Real Estate Group, Contact: