
$14,000,000 USD
Hospitality Property for Sale, 2300-2325 N Surf Rd, Hollywood, Florida 33019
- MLS#A11961786
Listed By LIV Real Estate Group
The Hospitality Property for Sale located at 2300-2325 N Surf Rd, Hollywood, Florida 33019 is currently for sale. 2300-2325 N Surf Rd, Hollywood, Florida 33019 is listed for $14,000,000.
Property features
Property
- Location: Waterfront
Lot/Land
- Land/Lot size:
1,537 m² (16,548 ft²)
Construction
- Year built: 1970
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.
Location
2300-2325 N Surf Rd, Hollywood, Florida 33019