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.
Property Description
Features
: Bay View
: Beach Area, Other Lot Description, Less Than 1 Acre
: Public Sanitation
: Electricity Available, Electricity Connected, Water Connected, Water Available
Intracoastal Front,no Fixed Bridges,ocean Access,seawall
Address Map
FL
Broward County
Hollywood
33019
1318 & 1418 N Ocean Dr
HOLLYWOOD BEACH FIRST ADD
0
W81° 52' 58.1''
N26° 1' 12.8''
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)
HOLLYWOOD BEACH FIRST ADD
MLS Addon
108
: Unrestricted Salt Water Access
: All Cash, Conventional, Owner Will Carry
: Public Road, City/county Maintained
: Commercial
$68,976
2024
: Municipal Water
BRT-25-A
42,085 Sqft
$8,500,000
Listing ID #A11687700
Basic Details
Property Type : Commercial Land
Property SubType : Commercial
Listing Type : For Sale
Listing ID : A11687700
Price : $8,500,000
Lot Area : 42,085 Sqft
Status : Active
