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2300-2325 N Surf Rd, Hollywood, FL 33019

$13,980,000 Beds Baths

Hollywood, FL 33019

Status
Active
Type
Hotel/Motel
Year Built
1970
Days on Market
0
Lot Size
16,548 sqft
MLS #
A12053450

About This Home

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.

Property Details

Flooring
Tile

Building & Association

Stories
2
Stories Total
2
Association
No
Security Features
Security System

Lot & Construction

Lot Features
Beach Access, Corner Lot, Near Airport, Near Seaport
Lot Size Square Feet
16,548
Waterfront
Yes
View
No
Construction Materials
CBS Construction
New Construction
No

Public Records

Parcel Number
514212011730
Tax Annual Amount
$157,789
Zoning
BWK-25-H
County Or Parish
Broward County

Location

Courtesy of LIV Real Estate Group

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