Active

1318 & 1418 N Ocean Dr

Hollywood FL, 33019

$8,500,000


$201.97 per sqft

Active

0.97 Acres

Land

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 wells on site. No cost to owner. All of the 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, wide, 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 approx. $225K from parking alone. $86K gross from 3 rentals. Boat dock income not included.

A11687700

MLS ID

November 4, 2024

Listed

January 17, 2025

Updated

Map

1318 & 1418 N Ocean Dr
Hollywood FL, 33019

Exterior/Building Features

Lot Size

0.97 Acres


Lot Features

Beach Area, Less Than 1 Acre, Other Lot Description


Sewer

Public Sanitation

Other Property Details

Area Name

Hollywood Beach First Add


Taxes

$68,976


Tax Frequency

Annually


Days on Market

74


Garage

No


View

Yes


View Description

Bay View


County

Broward County


Water Source

Municipal Water


Pool

No


Waterfront

Yes


Zoning

BRT-25-A

Listing History

Date

Event

Price

12/21/2024

Price change

$8,500,000

-20%

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. 

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Data last updated 7:17 PM UTC, 1/17/2025.

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