320 New York St, Hollywood, FL 33019 — MLS photo

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320 New York St, Hollywood, FL 33019

Active · Condominium

$7,999,000

320 New York St, Hollywood, FL 33019

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
1988
Lot size
10,920 sq ft
HOA fee
$20,402 Annually
Annual tax
$7,068

About this property

Premier Hollywood Beach location! Rare trophy assemblage spanning 3.5 contiguous lots less than 50 yards from the iconic Hollywood Beach Broadwalk. Offered as a unified assemblage with multiple folios, the property consists of 13 condominium units including six 1BED/1BA units and seven efficiency units with one bath. Formerly operated as a hotel/motel, the property is currently utilized with a mix of annual, Airbnb, and short-term seasonal rentals. Several units have been tastefully updated while still offering exceptional potential for a modern upscale repositioning, boutique hospitality concept, or future redevelopment opportunity. With its irreplaceable location, frontage, favorable zoning, and unique footprint, this property presents a rare opportunity for a visionary investor, developer, or hospitality-minded buyer seeking to create a refined Coastal destination in one of South Florida’s evolving beachside markets. Surrounded by continued growth and revitalization, the assemblage offers exceptional flexibility for those looking to modernize and elevate the existing property into a more curated luxury experience or secure a premier long-term coastal holding in a highly supply-constrained area near beaches, entertainment, airports, and major transit routes

Property location

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320 New York St, Hollywood, FL 33019

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Facts & features

Interior

Bathrooms
0
Flooring
Tile
Cooling
Other, Wall Window Units
Heating
Other

Exterior & Structure

Property type
Condominium
Year built
1988
Lot size
10,920 sq ft
Roof
Other
Construction
CBSConcrete Block Structure, Block
Exterior features
Security High Impact Doors

Parking

Covered spaces
0
Parking features
Assigned

HOA, Community & Financials

Association fee
$20,402 Annually
Annual tax
$7,068
County
Broward
Days on market
270
MLS listing ID
A11950868
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$5,279

Cap rate
4.9%
Net yield
4.9%
Cash-on-cash return
-2.8%
Gross yield
6.6%
Mortgage payment
$37,919/mo
Down payment
$1,999,750
Loan amount
$5,999,250
Annual NOI
$391,685

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.