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317 Polk Street, Hollywood, FL 33019

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Listing Type
commercial/industrial
Listing Status
active
Explore Hollywood, FL
100
Overview
Features
Commute
Transportation
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$4,200,000

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Home Details for 317 Polk Street

Price
$4,200,000
Type
commercial/industrial
Year Build
1940
County
Broward County
MLS Listing#
F10331875
On exitrealty.com
81 days

Property Description

Red Buddha Bar and Hookah lounge on Hollywood Beach! Generating Approx. $400k NET 2022. Villa Sinclair Beach Suites offers 6 large furnished suites with full kitchens and bathrooms, a Hookah Lounge/Bar with Beer & Wine license, sitting on approx. 6,400 SF Lot (3,480 SF/AC+4,680 SF Outdoor). Can also be rebuilt into a 6 Story, 12 Unit Condo Building or add 1 more floor to the current building to give a rooftop bar plus deck for entertaining! New owner can earn over a 7.5% return based on 2021 income & expenses. Owner made many improvements to the property including 48 Hurricane impact Windows, 28 Aluminum Bahamian Shutters, 160'Hurricaine Proof Fence, 12 x 12,000 BTU Mini Split A/C units and much more! REAL ESTATE INCLUDED! Video tour and 100 gallery photos.
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Property Features

EXIT RYAN SCOTT REALTY
2601 E. Oakland Park Blvd Suite 101, Fort Lauderdale, FL 33306
$4,200,000

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EXIT RYAN SCOTT REALTY
2601 E. Oakland Park Blvd Suite 101, Fort Lauderdale, FL 33306