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listing
1 of 29
Business OpportunityFor Sale
$4,200,000
317 Polk Street
Hollywood, FL 33019
Courtesy of Kensington & Company Inc
MLS: BeachesMLS
Est. Mortgage
$21,780/mo

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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Listing provided courtesy of Kensington & Company Inc
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