Hollywood, FL 33019 1318 N Ocean Dr
$8,500,000
Presented By: This listing is courtesy of Income Properties South;
Home Details
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.
Presented By: This listing is courtesy of Income Properties South;
Interior Features for 1318 N Ocean Dr
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Window FeaturesImpactGlass
General for 1318 N Ocean Dr
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityHollywood
CountyBroward
Development StatusOther
Directions95 to Sheridan Street. East to Ocean Dr., turn right/south.. property on right (just north of famous Margaritaville Restaurant). (2.5 miles North of Hallandale Beach Blvd; 9/10 of a mile south of She
Electric On Property Y/NNo
Facing DirectionWest
Garage Y/NNo
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionHOLLYWOOD BEACH FIRST ADD 1-31 B LOTS 52 TO 54 LESS E 12.80, LOTS 55 THRU 59 LESS E 12.50, LOT 60 LESS E 12.81 & LOTS 61 THRU 64 LESS E 12.50
Listing TermsCash, Conventional, OwnerMayCarry
Lot Size Square Feet36591.0
Lot Size UnitsSquareFeet
MLS Area3010
MLS Area MinorHollywood East (3010-3050)
MobileHomeRemainsYNNo
New ConstructionNo
Other StructuresUtilityBuildings
PossessionCloseOfEscrow
PostalCityHollywood
Property Attached Y/NNo
Property SubtypeBoatSlip
Property TypeLand
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Subdivision NameHOLLYWOOD BEACH FIRST ADD
Tax Annual Amount85722.0
Tax Year2024
UtilitiesElectricityAvailable, Other, SewerAvailable, TrashCollection, WaterAvailable
Virtual TourClick here
Waterfront FeaturesIntracoastalAccess, NoFixedBridges, OceanAccess, Seawall
Waterfront Y/NYes
Zoning DescriptionBRT-25-A
Exterior for 1318 N Ocean Dr
Covered Spaces0.0
Crops Included Y/NNo
Frontage Length600
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLessThanOneAcre
Lot Size Acres0.95
Lot Size Area36591.0
Number of Lots2
Open Parking Y/NNo
Private PoolNo
Road ResponsibilityPublicMaintainedRoad
Road Surface TypePaved
SpaNo
Water SourcePublic
Additional Details
Price History
Lissett Marencode Saballos
Realtor
