1318 N Ocean Dr, Hollywood FL, 33019

Active

1318 N Ocean Dr

Hollywood FL, 33019

$8,500,000

Active

Commercial

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.

A11726423

MLSⓇ ID

January 16, 2025

Listed

January 20, 2025

Updated

Map

1318 N Ocean Dr
Hollywood FL, 33019

Interior Features

Fireplace: No
Cooling: No
Heating: No

Exterior/Building Features

Lot Size: 0.84 Acres
Lot Features: Inside Location, Near Seaport, Other Location, 3/4 To Less Than 1 Acre Lot, Other, Sidewalk, Street Lights, Waterfront Bulkhead
Sewer: Public Sewer

Other Property Details

Area Name: Hollywood Beach First Add
Taxes: $85,722
Tax Frequency: Annually
Days on Market: 4
Garage: No
View: No
County: Broward County
Water Source: Municipal Water
Pool: No
Waterfront: Yes
Zoning: BRT-25-A

Listed by: Income Properties South
Listing Contact: 561-202-6500

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 obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated 6:10 PM UTC, 1/20/2025.