1318 & 1418 N Ocean Dr Active Save Request In-Person Tour Request Virtual Tour
Hollywood,FL 33019
Key Details
Property Type Vacant Land
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Hollywood Beach First Add
MLS Listing ID A11687700
Annual Tax Amount $68,976
Tax Year 2024
Lot Size 1.000 Acres
Property Sub-Type Commercial
Property 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
State FL
County Broward
Community Hollywood Beach First Add
Area 3010
Exterior
Utilities Available Electricity Available,Water Available
Waterfront Description Intracoastal Access,No Fixed Bridges,Ocean Access,Seawall
View Bay
Building
Lot Description <1 Acre,Other
Sewer Public Sewer
Water Public
Others
Acceptable Financing Cash,Conventional,Owner May Carry
Listing Terms Cash,Conventional,Owner May Carry
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11687700