Closed

Hollywood Beach, 2118 N Ocean Dr, Hollywood, FL 33019

3,200,000(-6.25% )
3,400SqFt

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Details

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Status:
Sold - Sep 22, 2023
Size: 3,400 SqFt (316 m2)
Price: $882/SqFt ($9,498/m2)
Type: Multi Family
Built: 1964
MLS Number: A11393821
On Site: 809 Days
Updated: 672 Days ago
Page Views: 0
Renovated mini-marina on beach-resort commercial zoning. Steps to the beach & dozens of waterfront restaurants. Total of 8 income producing units. Gross $225k / Annual leases or $400k / Airbnb. 83 feet us1 commercial frontage, 200 feet of icw dockage, 4 large apartments with 8 bedrooms plus 4 large yacht slips worth aprox $2000 each, slips accommodate 50' to 60' yachts but could fit up to 16 smaller boats. Deep water access / No fixed bridges, zoning says boat rentals allowed. Unobstructed west facing sunset views of 1500 acre ann kolb nature preserve & miles of kayak river trails. 20mins from fort lauderdale downtown & miami. All impact windows and doors, turnkey & fully furnished. Beach resort zoning allows 5 story construction, up to 9 units / 10,000sqft, hotel, restaurants & bars.
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: Barbecue, Deck, SecurityHighImpactDoors, Patio
      Interior, Heating and Cooling
      • Heating Description: Central
      • Cooling Description: CentralAir, CeilingFans
      Building and Construction
      • Floor Description: CeramicTile,Other
      • Windows/Treatment: ImpactGlass
      • Year Built: 1964
      • Year Built Description: Resale
      • Style: Fourplex
      Waterfront and Water Access
      • Waterfront Frontage: Yes
      School Information
        Other Property Info
        • Listing Date: 2023-05-26T11:44:58.000-00:00
        Taxes, Fees & More
        • Taxes: 26833

        Price History

        09/22/2023

        Date

        Sold

        Event

        $3M

        Price

        -6.25%

        Change Rate

        $882 ft2 / $9,498 m2

        Price Per

        05/25/2023

        Date

        Listed

        Event

        $3.2M

        Price

        $941 ft2 / $10,131 m2

        Price Per

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

        Listed by Sandra PanessoThe Keyes Company • Buyer Agency Compensation .

        Instant Comps

        $500/ft²
        $600/ft²
        $900/ft²
        $1,100/ft²

        Unit 2118 N Ocean Dr – Asking

        $882/ft²

        (+17%) from Closed Medium $/ft²

        Closed Medium $/ft²

        $754/ft²
        Community $/Price Range (Closed) $658/ft² – $955/ft²
        No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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