Auction for historic ‘Grand Lady’ Hollywood Beach Resort gets postponed

Historic Grand Lady resort in Hollywood Beach to be auctioned

HOLLYWOOD, Fla. — The historic Hollywood Beach Resort, once dubbed the “Grand Lady,” is now a reflection of debt and disrepair.

It was scheduled to be sold at auction on Monday, but the event was postponed.

“It’s just kind of ugly and old,” said Eddie Stapleton, a Hollywood resident.

According to a public notice, the company that owns units there and another property in Pompano Beach is in nearly $22 million in debt.

The winning bidder would assume ownership of the limited liability company holding the real estate. The Mediterranean-style resort was part of Hollywood’s original plan by city founder Joseph Young.

It was made with poured concrete from Belgium and dubbed the 90-day wonder in 1925. It has undergone numerous transformations over the decades

“We had a lot of fun there at one time, and it’s just sad how they’re letting this thing just fall apart,” said Angie Simeon, who has worked in the area for about 17 years. “If it’s able to be re-purposed, I would love to see that.”

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Janine Stanwood

Janine Stanwood

Janine Stanwood is a Emmy award-winning reporter and anchor. She joined Local 10 News in February 2004 as an assignment editor.