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For Sale

1318 Ocean Dr, Hollywood, Florida 33019

$8,500,000
600' on the Intracoastal across from Bulkhead in Hollywood South Central Beach (voted #4 best beach in USA by Traveler's choice, Trip Advisor). Measurements are provided by seller. Survey available. Currently there are state funds to assess if cleanup from 1994 is still needed, current monitoring sells on site. No cost to owner. Seawalls in Hollywood need to be raised 12-18" to adjust for localized flooding. Majority of City Hollywood Beach CRA improvements have been completed including street widening, customized sidewalks, underground utilities, etc. Parallel dockage for owner possible. Property transfers as is. Owner financing is an option. Currently parking lot leased. 2024 NOI $225k approx. $86K gross from 3 rentals. Boat dock income not included.
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Details

    • Property Type: For Sale
    • Property SubType: Boat Slip
    • Listing Type: For Sale
    • Listing ID: A11726423
    • Price: $8,500,000
    • View: Intercoastal,ocean,pool
    • Bedrooms: 0
    • Bathrooms: 0
    • Half Bathrooms: 0
    • Square Footage: 0 Sqft
    • Year Built: 0
    • Status: Active
    • Original Property Type: Land

Features

    • Utilities : Water Available, Electricity Available, Sewer Available, Other, Trash Collection

Location

    • Country US
    • State FL
    • County Broward
    • City Hollywood
    • Subdivision HOLLYWOOD BEACH FIRST ADD
    • Zipcode 33019
    • Neighborhood: Hollywood
    • Street: Ocean Dr
    • Street Number: 1318
    • Floor Number: 0
    • Longitude: W81° 52' 12''
    • Latitude: N25° 47' 3.2''
    • Directions: 95 to Sheridan Street. East to Ocean Dr., turn right/south.. property on right (just north of famous Margaritaville Restaurant). (2.5 miles North of Hallandale Beach Blvd; 9/10 of a mile south of Sheridan St)

Additional Info

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