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1318 & 1418 N Ocean Dr, Hollywood FL 33019 - $8,500,000


sell19% price cut

$8,500,000

For Sale

1318 & 1418 N Ocean Dr, Hollywood FL 33019

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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.

listBasic Facts

  • Subdivision: Hollywood Beach First Add
  • Waterfront: Intracoastal Front, No Fixed Bridges, Ocean Access, Seawall
  • Taxes: $68,976/yr
  • Lot dimensions: 80x600
  • APN: 514212010260

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