1318 N Ocean Dr, Hollywood, FL 33019

$7,150,000

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List Price
$7,150,000
Price Change
▼ $1,950,000 1774482229
MLS#
A11726423
Status
ACTIVE
Type
Land

Property Description

600' BOAT DOCKAGE NO FIXED BRIDGES 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. 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. Currently parking lot leased. NOI $225k approx.

Additional Information

Days on Market
558
Waterfront Description
Intracoastal Front, No Fixed Bridges, Ocean Access, Seawall
Tax Amount
$85,722
Water Access
Dock Available, Private Dock, Unrestricted Salt Water Access, Dock Available, Dock Owned/Included, Electric Available, Exclusive Use, Over 101 Ft Boat, Parking, Private Dock, Up to 100 Ft Boat, Water Available
Parcel Number
514212010260
Front Exposure
West
Lot Size
36,591
Directions
95 to Sheridan Street. East to Ocean Dr., turn right/south.. property on right (just north of famous Margaritaville Restaurant). (2.5 miles North of Hallandale Beach Blvd; 9/10 of a mile south of Sheridan St)
Address
1318 N Ocean Dr, Hollywood
Development Name
Hollywood Beach First Add
Development
Hollywood Beach First Add
Section
12

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Listing Courtesy of Income Properties South, Contact: