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- LoopNet Team
317 Polk St
Hollywood, FL 33019
Villa Sinclair - Hotel, Hookah, and Bar · Hospitality Property For Sale · 3,339 SF
Investment Highlights
- Possible 50% Seller financing. Own the award-winning Villa Sinclair Suites and Love Buddha Bar and Hookah Lounge, steps from Hollywood Beach.
- Love Buddha Bar and Hookah Lounge is a 120-seat, 4,860-SF outdoor space with the option to expand to 140 for a full liquor license initial fee waiver.
- Enjoy proximity to Hollywood Beach Broadwalk, a 3.2-mile oceanfront pedestrian path with shops, restaurants, and over 4 million yearly visitors.
- Guests enjoy six well-appointed suites with hurricane-proof windows, Bahamian shutters, a silicone roof, robust fencing, a flood wall, and much more.
- Future opportunities include adding a 2,500-SF aluminum deck above the bar for restaurant space and license with a waived full liquor license fee.
- Experience a strategic location, business success, and expansion potential at 317 Polk Street, offering a unique and rare investment opportunity.
PROPERTY FACTS
| Property Type | Hospitality | Number of Floors | 2 |
| Property Subtype | Hotel | Year Built | 1940 |
| Building Class | B | Tenancy | Single |
| Lot Size | 0.15 AC | Parking Ratio | 2.4/1,000 SF |
| Building Size | 3,339 SF | Corridor | Interior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.15 AC |
| Building Size | 3,339 SF |
| Number of Floors | 2 |
| Year Built | 1940 |
| Tenancy | Single |
| Parking Ratio | 2.4/1,000 SF |
| Corridor | Interior |
Amenities
- Balcony
- Business Centre
- Restaurant
- Spa
- High Speed Internet Access
- Patio
- On-Site Bar
- Beach (direct access)
- Boutique/Lifestyle Hotel
- Public Access Wi-Fi
- Hot Tub
- Fully-Equipped Kitchen
- Multi-Room Suites
About 317 Polk St , Hollywood, FL 33019
PRICE REDUCTION!!! 317 Polk Street in Hollywood is an extraordinary investment encompassing the renowned Villa Sinclair Beach Suites and Spa and the Love Buddha Bar and Hookah Lounge nestled on Hollywood Beach. This turnkey cash-generating enterprise with possible 50% seller financing features 8,160 square feet of commercial space on 6,400 square feet of land, home to the 3,480-square-foot hotel and 4,680-square-foot outdoor beach club bar and hookah lounge. The site provides an ideal setting just 100 feet away from the internationally famous Hollywood Beach Broadwalk. Rarely does an opportunity arise to secure a turnkey property and thriving businesses with an enticing 50% seller financing.
PROPERTY TAXES
| Parcel Number | 51-42-13-01-1900 | Improvements Assessment | £1,109,011 |
| Land Assessment | £228,752 | Total Assessment | £1,337,762 |
PROPERTY TAXES
zoning
| Zoning Code | BRT-25, Hollywood (Beach Resort) |
| BRT-25, Hollywood (Beach Resort) |
