2300-2325 N Surf Rd,Hollywood, FL 33019
Hollywood, FL 33019
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.
Details
| MLS # | A12053450 |
|---|---|
| Listing Type | For Sale |
| Style | Hotelmotel |
| Sub-Type | Resale |
| Status | Active |
| Year | 1970 |
| Days On Site | 50 |
| Listing Provided By | LIV Real Estate Group | David Benichou |
Features
| SQ Feet | 9,439 |
|---|---|
| Story(s) | 2 |
| Units | 20 |
| Building(s) | 2 |
| Zoning | BWK-25-H |
| Acreage | 16548.00 |
| Water Front | Yes |
Taxes
| Tax Annual Amount | 157789 |
|---|
Area Information
| State | FL |
|---|---|
| County | Broward |
| City | Hollywood |
| Zip Code | 33019 |
| Area | 3010 |
| Listing VS Median (in 33019) | |
Price: $13,980,000 low | high Med: $330,000 sqft: 9,439 low | high Med: 658 $ / sqft: $1,481 low | high Med: $580 On site: 50 low | high Med: 79.5 | |
Market Activity 33019
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Learn More About This Property
| State | FL |
|---|---|
| County | Broward |
| City | Hollywood |
| Zip Code | 33019 |
| Area | 3010 |
| Listing VS Median (in 33019) | |
Price: $13,980,000 low | high Med: $330,000 sqft: 9,439 low | high Med: 658 $ / sqft: $1,481 low | high Med: $580 On site: 50 low | high Med: 79.5 | |
 | $6,200,0002201 N Surf RoadHollywood, FL 33019 |
 | $6,200,0002203 N Surf RoadHollywood, FL 33019 |