Hill Motel | 418 S Federal Hwy
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Hill Motel 418 S Federal Hwy
26 Room Hotel Hollywood, FL 33020 £5,639,760 (£216,914/Room)
Investment Highlights
- Prime redevelopment potential on .62 acres in strategic Hollywood, FL location.
- FH-2 Zoning offers substantial development potential. Single-Use FAR 3.75, Mixed-Use FAR 4.75.
- Located within CRA and Opportunity Zone, offering increased density and favorable tax incentives.
- Operating Motel with 30 total rooms, offering immediate revenue while undergoing permitting.
- Approx. 700ft from bustling Young Circle. A reported $1.5B in nearby projects set to drastically revitalize this submarket.
- Great accessibility - Federal Hwy sees over 30,000 vpd. Young Circle features 7 street intersections, five of which serve as State/US highways.
Executive Summary
Strategically located in Hollywood, FL, The Hill Motel offers a solid investment opportunity
spread across two parcels totaling .62 acres. Constructed in 1965, the property features 26
short-term rental rooms, 3 apartment units, and a storage unit, providing a steady revenue
stream. Positioned approximately ±700 feet from the bustling Young Circle in Downtown
Hollywood, residents enjoy easy access to the area's ArtsPark Amphitheater. The Community
Redevelopment Agency's commitment to enhancing Young Circle, coupled with substantial
streetscape investments, underscores the neighborhood's urban growth. Subject property is 19 miles from Downtown Miami and 1.7 miles to I-95.
Downtown Hollywood is witnessing significant revitalization, with over $1.5 billion allocated to
ongoing and planned projects, including thousands of new residential units. Accessibility is a key
feature, with Federal Hwy seeing heavy traffic and Young Circle serving as a junction for multiple
highways. Zoned FH-2, the property allows for development up to 18 stories/190 feet, offering
potential for both single-use and mixed-use configurations with impressive floor area ratios.
Situated within the Community Redevelopment Agency (CRA) and designated as an
Opportunity Zone, The Hill Motel benefits from incentives for increased density and tax
advantages. Nearby developments such as 1818 Park, Nine Hollywood, and the upcoming Bread
Building and B57 North and South highlight the area's growth potential. As Hollywood's urban
landscape evolves, The Hill Motel presents a robust redevelopment opportunity with the ability to collect immediate revenue for those seeking healthy returns in a dynamic real estate market.
spread across two parcels totaling .62 acres. Constructed in 1965, the property features 26
short-term rental rooms, 3 apartment units, and a storage unit, providing a steady revenue
stream. Positioned approximately ±700 feet from the bustling Young Circle in Downtown
Hollywood, residents enjoy easy access to the area's ArtsPark Amphitheater. The Community
Redevelopment Agency's commitment to enhancing Young Circle, coupled with substantial
streetscape investments, underscores the neighborhood's urban growth. Subject property is 19 miles from Downtown Miami and 1.7 miles to I-95.
Downtown Hollywood is witnessing significant revitalization, with over $1.5 billion allocated to
ongoing and planned projects, including thousands of new residential units. Accessibility is a key
feature, with Federal Hwy seeing heavy traffic and Young Circle serving as a junction for multiple
highways. Zoned FH-2, the property allows for development up to 18 stories/190 feet, offering
potential for both single-use and mixed-use configurations with impressive floor area ratios.
Situated within the Community Redevelopment Agency (CRA) and designated as an
Opportunity Zone, The Hill Motel benefits from incentives for increased density and tax
advantages. Nearby developments such as 1818 Park, Nine Hollywood, and the upcoming Bread
Building and B57 North and South highlight the area's growth potential. As Hollywood's urban
landscape evolves, The Hill Motel presents a robust redevelopment opportunity with the ability to collect immediate revenue for those seeking healthy returns in a dynamic real estate market.
Property Facts
| Price | £5,639,760 | Building Size | 11,000 SF |
| Price Per Room | £216,914 | No. Rooms | 26 |
| Sale Type | Investment | Number of Floors | 1 |
| Sale Conditions | Development Sale | Year Built | 1965 |
| Property Type | Hospitality | Parking Ratio | 2.45/1,000 SF |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.62 AC |
| Price | £5,639,760 |
| Price Per Room | £216,914 |
| Sale Type | Investment |
| Sale Conditions | Development Sale |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.62 AC |
| Building Size | 11,000 SF |
| No. Rooms | 26 |
| Number of Floors | 1 |
| Year Built | 1965 |
| Parking Ratio | 2.45/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
Amenities
- Boutique/Lifestyle Hotel
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 26 | £48.56 | - |
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Walk Score ®
Very Walkable (89)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £351,913 | |
| Land Assessment | £173,086 | Total Assessment | £1,440,802 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£173,086
Improvements Assessment
£351,913
Total Assessment
£1,440,802
zoning
| Zoning Code | FH-2 (FH-2 = Max height of 18 stories/190 feet, Single-Use Dev. FAR 3.75 (±101,277sf), Mixed-Use Dev. FAR 4.75 (±128,284sf). Located within CRA and Op. Zone) |
| FH-2 (FH-2 = Max height of 18 stories/190 feet, Single-Use Dev. FAR 3.75 (±101,277sf), Mixed-Use Dev. FAR 4.75 (±128,284sf). Located within CRA and Op. Zone) |
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Hill Motel | 418 S Federal Hwy
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