A Tropical Oasis, The Beach Tides Hotel located east of A1A in Hollywood Beach, has 11 rooms; (6-1BR Suites, 4 Studios, all w/ full kitchens, & 1 std. Hotel room). Active Income producing property with 6% cap rate, high occupancy year round, & $350K+ revenue potential. Quiet, serene hotel w/11 electric meters, 12 toilets, 12 parking spots, separate office bldg., 2 washers, 2 dryers, on floor storage & extra storage shed. 50 Year inspection complete. Steps to the Ocean, walk to Margaritaville, Hollywood Beach Boardwalk. Nestled into a tropical landscape, this paradise is the perfect getaway to unwind. Near Airport, World Class sports and entertainment in Miami and Ft Lauderdale. Currently owner managed. Please call listing agent for more info. (Showings dependent on occupancy).
326 Coolidge St, Hollywood, FL, 33019
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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