505 S Ocean Dr Active

Hollywood,FL 33019

$ 7500000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID F10497859

HOA Y/N No

Year Built 1954

Annual Tax Amount $52,110

Tax Year 2024

Lot Size 8,409 Sqft

Property Sub-Type Commercial

Property Description

Welcome to Sandcastle by the Sea Apartments, located just steps from the Hollywood Beach Broadwalk! This exceptional and massive property sits on multiple lots of nearly 18,000SF, boasting stunning views of the widest intracoastal area along the beach. It occupies the entire end of a beach block with direct Broadwalk access, making it one of the rarest investment opportunities on Hollywood Beach. Featuring 17 total rental units; (11) Large 1 BR, (5) Efficiencies, (1) Large 2 BR. Additionally, there are 14 included parking spaces, adding significant appeal, as on-site parking is scarce in the area.

The purchase includes the adjacent property at 513 S Ocean Drive.

Conveniently located just 10 minutes from Hollywood/Fort Lauderdale Airport and near the Hard Rock Casino and Miami Beach!

Location

State FL

County Broward County

Area Hollywood East (3010-3050)

Zoning BRT-25

Exterior

Water Access N

Roof Type Comp Shingle Roof

Private Pool No

Building

Foundation Concrete Block Construction

Others

Pets Allowed No

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