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$ 3,300,000
Est. payment | /mo
0.32 Acres Lot
$ 3,300,000
Est. payment | /mo
0.32 Acres Lot
Key Details
Property Type Commercial
Sub Type Hotel
Listing Status Active
Purchase Type For Sale
MLS Listing ID F10394500
Construction Status Resale
HOA Y/N No
Total Fin. Sqft 13914
Year Built 1953
Annual Tax Amount $31,292
Tax Year 2022
Lot Size 0.319 Acres
Property Description
This property can be renovated, with approval from the city. RM 25 zoning allows you to build up to 55 ft. 3/4 acre lot. A1A and Hillsboro Blvd provide thousands of cars passing by this landmark location with local traffic from Millionaire Mile and Boca Raton. If you look around you will find plenty of high end developments surrounding The Royal Palm Hotel. Hotels nearby asking $600-$700/night in April 2024. Plenty of walkability taking you to Oceans 234, Billabong, Island Water Sports, Kilwin's, Patio Bar, Embassy Suites, Kahuna's and the boardwalk on Deerfield Beach.
Location
State FL
County Broward County
Area North Broward Ocean To Intracoastal (3111-3121)
Zoning RM-25
Interior
Flooring Terrazzo Floors
Exterior
Waterfront No
Water Access N
Roof Type Comp Shingle Roof
Private Pool No
Building
Story 1.0000
Foundation Concrete Block Construction
Sewer Public Sanitation
Water Public Water
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Cash
Listing Terms Cash
Listed by Mari Juliette Real Estate
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