41
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$7,500,000
Est. payment /mo
8,409 Sqft Lot
Active
505 S Ocean Dr Hollywood, FL 33019
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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!
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
Listed by Hollywood Diamond Realty
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