Steps from the beach and the Hollywood Beach Broadwalk, this like-new 6-unit, two-story building (all one-bedroom units) is part of a rare 4-property boutique multifamily / short-term rental (STR) portfolio in prime walk-to-the-beach locations in Hollywood Beach, FL. The portfolio is offered at $12,300,000.
This asset features approximately 3,291 leasable SF on a 6,271 SF lot and is located within Hollywood Beach’s most desirable district. All units offer open floor plans with kitchens, spacious living areas, new kitchens and bathrooms. Exterior improvements include 4 parking spaces, upgraded common areas, fresh plaster and paint, and landscaped grounds. The property is turnkey and ready to operate as a short-term rental or hotel.
The portfolio benefits from high-density zoning with favorable “Motel” use and active municipal STR licenses, allowing for immediate income. Operated as a scalable STR platform with unified management, housekeeping, and OTA distribution, the assets offer strong cash flow potential. Located in a corridor experiencing evolving zoning and increasing allowable densities, the portfolio provides multiple exit strategies including continued STR operations, boutique lodging repositioning, or future assemblage and redevelopment.
Coldwell Banker Realty
Features & Details
Learn about the features and details of 333 WALNUT ST
Discover this impressive quadruplex in the heart of Hollywood East, Hollywood. This well-appointed property offers 3,291 square feet of living space. Originally built in 1975. Offered at $3,500,000.00 Don't miss this opportunity to own in one of the area's most desirable locations.
FAQs About 333 WALNUT ST
What is the square footage of this property?
333 WALNUT ST, MLS® A11936802 has a size of 3291 sqft.
How many bedrooms and bathrooms does this home have?
There are bedrooms and bathrooms in this Multifamily at 333 WALNUT ST, MLS® A11936802.
Does this property have parking available?
Yes, there is parking available with 6 spot(s).
What are annual taxes for 333 WALNUT ST?
Annual taxes for this home are $43,172 based on 2024 tax year reports.
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.