$9,999,000
Hollywood, FL 33019
MLS# RX-10917767
12 baths | 6359 sqft
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Property Description
Nestled on the picturesque coastline of Hollywood, Florida, the Manta Ray Hotel presents an unparalleled investment opportunity for discerning buyers. This historic gem boasts four oceanfront lots, complete with a 12 room boutique hotel, ample parking, and a loyal clientele base. Additionally, there's a vacant fifth lot adjacent to the oceanfront lots across Surf Road, strategically positioned east of the coastal construction line. There is a five foot easement in the center of one lot and the easement can be moved to the south end of the fourth lot. The Manta Ray Hotel exudes timeless charm, blending old-world elegance with modern comforts. Its prime oceanfront location offers breathtaking views of the Atlantic, attracting tourists and locals seeking an authentic Florida experience.
Details
Maps
Contract Information
Status: Active
Original List Price: 9999000
Auction: No
List Price: $9,999,000
Current Price: $9,999,000
List Price/Bldg SqFt: 1572.42
Listing Date: 2023-09-07
Comm/Non-Rep: 2.5%
Comm/Buyer Agent: 2.5%
Comm/Trans Brk: 2.5%
General Property Description
Type: Hotel-Motel
For Sale: Yes
For Lease: No
Property Desc: Hotel
Subdivision: ATLANTIC SHORES NORTH BEACH SEC
Year Built: 1959
SqFt - Living: 6359
SqFt Source: Tax Rolls
# of Stories: 2
Total Units: 12
Baths - Total: 12
Acres: 0.4
% Air Conditioned: 100
Location, Tax & Legal
Area: 3010
Geo Area: HWEA - Hollywood East (3010-3050)
Country: United States
County: Broward
Parcel ID: 514224020190
Street #: 1715
Street Dir: S
Street Name: Surf
Street Suffix: Road
State/Province: FL
Zip Code: 33019
Zoning: RM-25-
Legal Desc: ATLANTIC SHORES NORTH BEACH SEC 9-36 B LOTS 1 & 2 & N1/2 OF THAT PT OF EUCALYPTUS TERR LYING S OF & ADJ TO LOT 1 BLK 5
Tax Year: 2022
Real Estate Taxes: 66383.3
Geo Lat: 26.002106
Geo Lon: -80.116519
Remarks & Misc
Directions: 95 S to Sheridan East, Left on N Ocean Blvd. Left on Foxglove Terrance. Left on Surf Rd
Office/Member Info
DXORIGMLNO: RX-10917767
DXORIGMLSID: RML
Property Features
Use: Hotel/ Motel
Type of Building: Free Standing; Hotel / Motel
Construction: CBS; Concrete; Stucco
Ceiling: Plaster; Sheet Rock
Location: Beach Area
Sale Includes: Building and Land
Avail Docs: Survey
Avail Info: Deed; Existing Survey; Full Financials
Miscellaneous 2: Office
Flooring: Tile; Vinyl Floor
Cooling: Ceiling Fan; Wall-Win A/C
Heating: Electric
Fire Protect: Smoke Detector
Tenant Pays: None
Utilities: Cable; Electric; Public Sewer; Public Water
Waterfront Details: Oceanfront
Security: Lobby; TV Camera
Roof: S-Tile
Terms Considered: Cash; Conventional
Lease: None
Possession: At Closing
Supplements
Beyond its potential as a hotel, this property offers versatile opportunities, thanks to its rich history and meticulously preserved character.
With its warm ambiance, exceptional hospitality, and proximity to Hollywood Beach boardwalk and vibrant dining options, the Manta Ray Hotel is a coveted piece of Hollywood's legacy. Don't miss this chance to invest in a property that embodies enduring sophistication and coastal allure. BY APPOINTMENT ONLY!
Listing Office: Coldwell Banker Realty /Delray Beach
Last Updated: April - 17 - 2024
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Saturday 27th of April 2024 05:59 PM