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Commercial Sale

505 Ocean

Hollywood, FL 33019

ML#:F10497859
List Price:$6,000,000
Status:Closed
Days on Market:298
Listing Brkr:Hollywood Diamond Realty
Subdivision:
Bedrooms:0
Baths:0
SqFt (Liv):
Lot Size:0.193 acres
Year Built:1954
Stories:

General Information

Type Property:Commercial Sale
Style:Commercial
Pool:
Garage Spaces:0
Parking:

Location Information

County:Miami-Dade County
Zip:33019
Subdivision:
Latitude:
Longitude:

Additional Features

Construction:Concrete Block Construction
Waterfront:No

Financial Information

Annual Taxes (2024):$52,110
Original Price:$7,500,000
Days on Market:298

Remarks

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!

Listing Agent

Nicole Y D'Aiguillon

Hollywood Diamond Realty

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 604-3276

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