Price Reduced 19.05%
Price History
$10,500,000
11/4/2024
$8,500,000
12/21/2024
1318 & 1418 N Ocean Dr, Hollywood, FL, 33019
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.
Status:
Active
Type:
Land (Commercial)
Zoning:
BRT-25-A
Subdivision:
HOLLYWOOD BEACH FIRST ADD
Acreage:
1
Est. Taxes:
$68,976
Utilities
Electricity Available,Water Available
Lot Description:
<1 Acre,Other
View Description:
Bay
Waterfront:
Yes
Days on Market:
74
MLS #:
A11687700
Community Info
School Info
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Listing courtesy of Income Properties South Phone: 561-202-6500