1318 & 1418 N Ocean Dr Active

Hollywood,FL 33019

$ 8500000

- Bed

0 Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Hollywood Beach First Add

MLS Listing ID A11687700

HOA Y/N No

Annual Tax Amount $68,976

Tax Year 2024

Lot Size 1.000 Acres

Acres 1.0

Lot Dimensions 600x80

Property Description

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.

Location

State FL

County Broward

Community Hollywood Beach First Add

Area 3010

Direction 95 to Sheridan Street, east to to Ocean Dr, go south (right) property on right. (2.5 miles North of Hallandale Beach Blvd; 9/10 of a mile South of Sheridan St)

Exterior

Utilities Available Electricity Available,Water Available

Waterfront Description Intracoastal Access,No Fixed Bridges,Ocean Access,Seawall

View Bay

Building

Lot Description <1 Acre,Other

Sewer Public Sewer

Water Public

Others

Tax ID 514212010260

Acceptable Financing Cash,Conventional,Owner May Carry

Listing Terms Cash,Conventional,Owner May Carry

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