Sold

1900 N Ocean Dr

Hollywood FL, 33019

$2,842,000


$573.22 per sqft

Sold

4,958 sqft

Commercial

Built in 1941

AN AMAZING LOCATION ON THE INTRACOASTAL WATERWAY IN THE HEART OF HOLLYWOOD BEACH! CLOSE TO THE WORLD FAMOUS HOLLYWOOD BEACH BROADWALK ALONG THE ATLANTIC OCEAN AND THE FABULOUS MARGARITAVILLE RESORT HOTEL. THIS PROPERTY HAS 10 UNITS SITUATED ON 3 LOTS & INCLUDES A 120 FT PARALLEL DOCK TO ACCOMODATE SEVERAL BOATS. CURRENTLY OPERATED AS YEARLY RENTALS WITH MONTH-TO-MONTH TENANCIES. READY FOR NEW OWNER TO TAKE IT TO A NEW LEVEL WITH A POTENTIALLY GREAT "UPSIDE"! AN INVESTOR'S DREAM TO RUN AS AN AIRBNB OR SHORT TERM MOTEL FOR MUCH HIGHER INCOME, OR FOR A DEVELOPER TO BUILD A COMMERCIAL BUILDING AT A 50 FT HEIGHT. ZONED BRT-25-A1A-C. HAS A "CERTIFICATE OF USE" FOR 10 UNITS FROM THE CITY OF HOLLYWOOD. THE LAND ALONE SUBSTANTIATES THE VALUE! THIS IS A RARE FIND! PLEASE DO NOT DISTURB THE TENANTS!

F10368238

MLS ID

February 1, 2023

Listed

February 16, 2024

Updated

Map

1900 N Ocean Dr
Hollywood FL, 33019

Interior Features

Total Stories

2


Floor Description

Other


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

No


Heating Description

None

Exterior/Building Features

Lot Size

0.19 Acres


Roof

Other


Sewer

Public Sewer

Other Property Details

Area Name

3010


Taxes

$36,187


Tax Frequency

Annually


Days on Market

188


Garage

No


Parking

Assigned


Parking Total

10


View

No


County

Broward County


Water Source

Public


Pool

No


Waterfront

Yes


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

10/17/2023

Price Change

$2,842,000

-19%

10/17/2023

Sold

$2,842,000

8/8/2023

Pending

Listed by Beth Maitlen, Tara Leone with Hollywood Beach Realty Inc
Listing Contact: (754) 204-7529 

All listings featuring the BMLS logo are provided by Association of Palm Beaches. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.

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Data last updated 4:27 AM UTC, 2/16/2024

 

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