505 S Ocean Drive, Hollywood FL 33019
1954
Year Built
298
Days on Market
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!
Facts
- MLS#
- F10497859
- Subdivision
- —
- Property Type
- Commercial Sale
- Property Sub Type
- Commercial
- Year Built
- 1954
- Lot Size
- 8,407 ft²
- Sq. Ft.
- —
- Sq. Mt.
- —
- Price per sq. ft.
- —
- Price per sq. mt.
- —
- Stories
- —
- Garage
- —
- Pool
- —
- Days on Market
- 298 days
- Listed
- Apr 1, 2025
- Last Updated
- May 18, 2026
- Price/Lot Sq.Ft.
- $714/ft²
Comparable homes
Same ZIP, similar price + bedrooms.
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— bd · 0 ba · —
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SOLD$5,355,000
— bd · 0 ba · —
2007 N Ocean Dr, Hollywood FL 33019
SOLD$5,355,000
— bd · 0 ba · —
2007 N Ocean Dr, Hollywood FL 33019
SOLD$4,999,000
— bd · 0 ba · —
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— bd · 0 ba · —
315 Arthur ST, Hollywood FL 33019
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— bd · 0 ba · —
1318 N Ocean Dr, Hollywood FL 33019
$7,150,000
— bd · 0 ba · —
1318 N Ocean Dr, Hollywood FL 33019
Market insights for Hollywood
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
July 2026
36
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 5/18/2026 | Sold | $6,000,000 |
| 12/17/2025 | Price change | $6,000,000-20.0% |
| 4/1/2025 | Listed for sale | $7,500,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Estimated Monthly Payment
$37,085/mo
Principal & Interest
$31,935
Property Tax
$5,000
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
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