1318 & 1418 N Ocean Dr Hollywood, Florida
MLS#: A11687700
$8,500,000 USD
Listed By Income Properties South
The Commercial Property for Sale located at Hollywood, Florida is currently for sale. Hollywood, Florida is listed for $8,500,000. This property has Bay View features. If the property located at Hollywood, Florida isn't what you're looking for, visit https://www.sfpropertysearch.com to see other Commercial Properties for Sale in Hollywood .
Date Updated : Jan 16, 2025
Property features
Key features
- Bay View
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 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.
Location
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