1318 & 1418 N Ocean Dr Hollywood, FL 33019
Other
MLS #: A11687700
Courtesy Of Income Properties South, Inc.
Property InformationDescription
600' 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.
Features
- Amenities: Water Front
- Architecture Style: Other
- Legal Description: HOLLYWOOD BEACH FIRST ADD 1-31 B LOTS 52 TO 54 LESS E 12.80,LOTS 55 THRU 59 LESS E 12.50, LOT 60 LESS E 12.81 & LOTS 61 THRU 64 LESS E 12.50
- MLSID: A11687700
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