Hollywood Beach, 1318 N Ocean Dr Hollywood, FL, 33019

$8,500,000Price
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Size: 36,591 ft2 / 3,399 m2
Price: $232 ft2 / $2,500 m2
MLS Number: A11726423
Updated: 10 Days ago
Page Views: 0
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.
Features
All features
Zip Code: 33019
Remarks: 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.
Syndication Remarks: 600' dockage on Intracoastal. Property as is. Owner financing option Currently parking lot leased. 2024 NOI $225k approx. $86K gross from 3 rentals.
Internet Remarks: 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.
Approx SqFt Total Area: 36591
Directions: West
Days on Market: 4
Compass Point: N
Office Name: Income Properties South
Price Change Date: 2025-01-16T14:49:00.000-00:00
Taxes: 85722
Tax Year: 2024
Utilities: ElectricityAvailable, Other, SewerAvailable, TrashCollection, WaterAvailable
Waterfront Features: IntracoastalAccess, NoFixedBridges, OceanAccess, Seawall
Water Source: Public
Waterfront: Yes
Listing Agreement: ExclusiveRightToLease
Price History
01/16/2025

Date

Listed

Event

$8.5M

Price

$232 ft2 / $2,500 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Dael SidneyIncome Properties South • Buyer Agency Compensation .

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Unit 1318 N Ocean Dr – Asking

$N/A/ft²

Closed Medium $/ft²

$795/ft²
Community $/Price Range (Closed) $795/ft² – $795/ft²
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