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505 S Ocean Dr Hollywood FL 33019 MLS #F10497859

505 S Ocean Dr
Hollywood, FL, 33019
$7,500,000
Beds
0 Bathrooms
SqFt
0.19 Acres
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$7,500,000
505 S Ocean Dr
Hollywood, FL, 33019
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Project 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!

Property Details

Price:
$7,500,000
MLS #:
F10497859
Status:
Active
Baths:
0
Type:
Commercial
Neighborhood:
3010
Listed Date:
Apr 1, 2025
Lot Size:
8,409 sqft / 0.19 acres (approx)
Year Built:
1954

Schools

Interior

Exterior

Financial

Taxes
$52,110

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Map

Quick Information

Profitability of the Property

Net Monthly Income:
Annual Profitability of:
505 S Ocean Dr
Hollywood, FL