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Wade M. Berlin

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  4. 505 Ocean Dr, Hollywood, FL 33019
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505 Ocean Dr
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PRICED AT ONLY: $7,500,000

Address: 505 Ocean Dr, Hollywood, FL 33019

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!

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  • MLS#: F10497859 ( Commercial/Industrial )
  • Street Address: 505 Ocean Dr
  • Viewed: 4
  • Price: $7,500,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1954
  • Bldg sqft: 0
  • Days On Market: 139
  • Additional Information
  • County: BROWARD
  • City: Hollywood
  • Zipcode: 33019
  • Provided by: Hollywood Diamond Realty
  • Contact: Nicole D'Aiguillon
  • (954) 922-1500
  • Fort Lauderdale, FL MLS IDX
  • DMCA Notice

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!
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Features
Building and Construction
  • Construction Type: Concrete Block Construction
  • Roof Description: Comp Shingle Roof
  • Typeof Building: Commercial, Free Standing, Hotel/Motel, Other Building Type
Property Information
  • Transaction Type Mlx: Sale
  • Typeof Property: Commercial
Land Information
  • Lot Sq Footage: 8409
  • Total Acreage: 0.1930
Garage and Parking
  • Num Parking Spaces: 14
  • Parking Description: Assigned Parking
Finance and Tax Information
  • Dade Assessed Amt Soh Value: 2263400
  • Dade Market Amt Assessed Amt: 2263400
  • Tax Year: 2024
Other Features
  • Board Identifier: BeachesMLS
  • Country: United States
  • Geographic Area: Hollywood East (3010-3050)
  • Legal Description: HOLLYWOOD BEACH 1-27 B LOT 17 LESS ST, 18 LESS ST BLK 13 LESS ADDITIONAL POR OF R/W PER MISC MAP 8-197
  • Locationof Property: Corner Lot
  • Parcel Number Mlx: 2990
  • Parcel Number: 514213012990
  • Sale Includes: Building & Land
  • Section: 13
  • Zoning Information: BRT-25
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This is your opportunity to own a prime ocean front hotel, the Manta Ray, on Hollywood beach with a gorgeous view of the Atlantic Ocean. Step directly into the sand from the hotel to a ray of sunshine

  1. Request Information
  1. MLSID: F10488797
  2. Provided by LoKation
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27 Pictures and Information

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