FL > Hollywood > Hollywood Central Beach
Hollywood, FL 33019,5500 N Ocean Dr
Hollywood, FL 33019,5500 N Ocean Dr
Hollywood, FL 33019,5500 N Ocean Dr
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Monica Cataluña-Shand, CCIM

Monica Cataluña-Shand, CCIM

+1(954) 812-1831
$2,700,000
Est. payment /mo
0.25 Acres Lot
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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Hollywood Central Beach

MLS Listing ID A11810561

HOA Y/N No

Annual Tax Amount $14,301

Tax Year 2024

Lot Size 10,890 Sqft

Acres 0.25

Lot Dimensions 120x80

Property Description

This prime 8,650+ SqFt waterfront lot in the heart of Hollywood Beach—comprised of two separate folios (5142 01 02 3520 and 5142 01 02 3530)—offers approximately 120 linear feet on the intracoastal with no fixed bridges to the Atlantic Ocean and is just one pedestrian block from the white sands of Hollywood Beach. Zoned for residential, multifamily, lodging, or commercial use, the property allows for the development of up to a three-story building with a potential layout of six units per floor. Located in a high-tourism area with strong growth trends, this is an ideal investment opportunity with an estimated 23% return, making it highly attractive for developers or investment groups seeking medium- to long-term profitability.

Location

State FL

County Broward

Community Hollywood Central Beach

Area 3010

Exterior

Utilities Available None

Waterfront Description Canal Front

Private Pool Yes

Building

Lot Description <1 Acre

Sewer Public Sewer

Water Public

Others

Tax ID 514201023530

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11810561

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Listed by Edivial International Realty
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"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."

+1(954) 812-1831

monica@koresrealty.com

1655 N Commerce Parkway, Suite 204, Weston, Florida, 33326, United States

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5500 N Ocean Dr