1318 N Ocean Blvd - Residential LAND FOR SALE


Hollywood, FL 33019 42,083 SF
$8,500,000 USD
561-202-6500
1318 N Ocean Blvd, Hollywood, FL for Sale
$8,500,000 USD
Residential LAND - FOR SALE
1/35
42,083 SF

1318 N Ocean Blvd
Hollywood, FL 33019


OVERVIEW

600' PARALLEL DOCKAGE 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.Prime investment opportunity in Holywood South Central Beach which is #4 on Best Beaches in USA by Travelers Choice / Trip Advisor! No fixed bridges to cruise the intracoastal or hinder ocean access! Paying outrageous boat dock fees? Pay no more...own your own dock! Centrally located in South Florida. Ideal 1031 tax exchange property. Close with cash or owner financing. Current income from 3 units, parking lot and boat slips. Hollywood Beach CRA has been undergoing major updates and development. Here's your chance to get a piece of real estate with views of both the ocean and intracoastal! Buyer should verify all information.

FOR SALE DETAILS

PRICE

$8,500,000 USD

PRICE/ACRE

$8,797,909/AC

PRICE/SF

$202 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

1 +/- acre on Intracoastal w/ocean views

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Health Club, Hotel, Lodge/MeetingHall, Parking Lot, Schools

LAND ACRES

0.97 AC

LAND SF

42,085 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Telephone

ZONING

BRT-25-A1A-C

APN/PARCEL ID

51-42-12-01-0230,51-42-12-01-0260

ASK ABOUT THIS PROPERTY

Dael SidneyIncome Properties South, IncMore Info
561-202-6500

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Dael SidneyIncome Properties South, IncMore Info
561-202-6500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.