505 S Ocean Drive, Hollywood, FL

$6,000,000

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0.19

Acres

About 505 S Ocean Drive

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!

Features of 505 S Ocean Drive

MLS® # F10497859
Price $6,000,000
Acres 0.19
Year Built 1954
Type Commercial Sale
Sub-Type Business
Status Pending

Community Information

Address 505 S Ocean Drive
Area 3010
City Hollywood
County Broward
State FL
Zip Code 33019

Amenities

Parking Assigned

Exterior

Roof Composition, Shingle
Construction Block

Additional Information

Zoning BRT-25
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeHollywood Diamond Realty

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