Willis Wilson & Associates
Mike Reguzzoni, Willis Wilson & AssociatesPhone: (305) 776-7766
Email: [email protected]

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listing
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LandFor Sale
$8,500,000
1318 N Ocean Dr
Hollywood, FL 33019
Courtesy of Income Properties South
MLS: MIAMI Association of REALTORS
36,591Sq Ft
Est. Mortgage
$43,975/mo

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 sells on site. No cost to owner. 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, 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 $225k approx. $86K gross from 3 rentals. Boat dock income not included.

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Information courtesy of Income Properties South is subject to verification and is not guaranteed.
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