1318 N Ocean Dr
Hollywood, FL 33019
0.95 acres | #A11726423
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 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.
Property Details
- Utility FeaturesElectricity Connected, Sewer Connected, Water Connected, Electricity Available, Other, Sewer Available, Trash Removal, Water Ava
- Lot DescriptionInside Location, Near Seaport, Other Location, 3/4 To Less Than 1 Acre Lot, Other, Sidewalk, Street Lights, Waterfront Bulkhead
- SubdivisionHOLLYWOOD BEACH FIRST ADD
- Utility SourceMunicipal Water
- CountyBroward County
- Sewer InformationPublic Sewer
- Property SubtypeDockominium
- Structure TypeDockominium
- MLS #A11726423
- MLS #A11726423
- Property TypePurchase
- Cost8500000
- Acres0.95
- Waterfront1
Location
Legal
MIAMI ASSOCIATION OF REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Marjo Realty Co. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS.
Last Updated: . Source: MAOR
Listing Courtesy
Listing Agent: Dael Sidney (#0620939)
Listing Office: Income Properties South (#IPRS01)
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