1318 Ocean Dr ,Dockominium, Hollywood Beach First Add for Sale & Rent

1318 Ocean Dr for Sale & Rent

Price $8,500,000.00

• Lot size 36591
• Year Build
• Waterfront Intracoastal Front, No Fixed Bridges, Ocean Access, Seawall
• Zip 33019
• Style
• Parking Description
• Pool Yes
• Status Active

Description

600' BOAT DOCKAGE NO FIXED BRIDGES 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. 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.

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

Inside Location, Near Seaport, Other Location, 3/4 To Less Than 1 Acre Lot, Other, Sidewalk, Street Lights, Waterfront Bulkhead

600' BOAT DOCKAGE NO FIXED BRIDGES 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. 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.

City:Hollywood,Zoning:BRT-25-A,List A O R:A-Miami Association of REALTORS,Tax Year:2024,Latitude:26.0202285,List Price:8500000,Listing Id:A11726423,Longitude:-80.1171882,Mls Status:Active,Utilities:1:Sewer Connected,2:Water Connected,3:Electricity Available,4:Other,5:Sewer Available,6:Trash Removal,7:Water Available,Current Use:1:Check Land Use Plan,2:Other Usage,Directions:95 to Sheridan Street. East to Ocean Dr., turn right/south.. property on right (just north of famous Margaritaville Restaurant). (2.5 miles North of Hallandale Beach Blvd; 9/10 of a mile south of Sheridan St),Inclusions:Dock Available,Private Dock,Unrestricted Salt Water Access, Dock Available,Dock Owned/Included,Electric Available,Exclusive Use,Over 101 Ft Boat,Parking,Private Dock,Up to 100 Ft Boat,Water Available,Postal Code:33019,Street Name:Ocean Dr,Coordinates:1:26.0202285,Lot Features:1:Near Seaport,2:Other Location,3:3/4 To Less Than 1 Acre Lot,4:Other,5:Sidewalk,6:Street Lights,7:Waterfront Bulkhead,Photos Count:4,Building Name:HOLLYWOOD BEACH FIRST ADD,Days On Market:286,Listing Terms:1:Owner Will Carry,Lot Size Acres:0.95,Lot Size Units:Square Feet,M I A M I R E_ Area:3010,M L S Area Major:Hollywood Beach First Add,On Market Date:2025-01-16,Parcel Number:514212010260,Property Type:Land/Boat Docks,Street Number:1318,Waterfront Y N:1,Public Remarks:600' BOAT DOCKAGE NO FIXED BRIDGES 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. 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.,County Or Parish:Broward County,Direction Faces:West,Expiration Date:2026-01-12,Frontage Length:600,List Office Name:Income Properties South,Standard Status:Active,Window Features:1:Complete Impact Glass,Living Area Units:Square Feet,Major Change Type:New,Other Structures:1:Utility Building,Postal Code Plus4:3313,Property Sub Type:Dockominium,Road Surface Type:1:Paved,State Or Province:FL,Street Dir Prefix:N,Subdivision Name:HOLLYWOOD BEACH FIRST ADD,Tax Annual Amount:85722,Unparsed Address:1318 N Ocean Dr, Hollywood FL 33019,Listing Agreement:Exclusive Right To Sell,Road Frontage Type:1:Paved Road,2:Public Road,Building Area Units:Square Feet,Leasable Area Units:Square Feet,Lot Size Dimensions:600x40,Lot Size Square Feet:36591,M I A M I R E_ Flood Zone:AE,Original List Price:8500000,Public Survey Range:51,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Syndication Remarks:600' BOAT DOCKAGE NO FIXED BRIDGES 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. 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.,Waterfront Features:1:No Fixed Bridges,2:Ocean Access,3:Seawall,Additional Parcels Y N:1,Listing Contract Date:2025-01-16,Originating System I D:miamire,Public Survey Section:12,Showing Instructions:Call Listing Agent,See Broker Remarks,Street Number Numeric:1318,Tax 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,M I A M I R E_ Current Price:8500000,Public Survey Township:51,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Geographic Area:Hollywood East (3010-3050),M I A M I R E_ Dock Information:1:Water Available,M I A M I R E_ Internet Remarks:600' dockage on Intracoastal. Property as is. Owner consider financing. Parking lot leased. 2024 NOI $225k approx. $86K gross from 3 rentals.,M I A M I R E_ Parcel Number M L X:0260,M I A M I R E_ Street View Param:1$26.020326$-80.117166$174.47$13.33$1.00$CAoSLEFGMVFpcE5SU0pacDZ3Ulo3QzNlaWRQS2FZN2tfaUY3NEVOZENRUHVIV3ZX,Contract Status Change Date:2025-01-16,Internet Address Display Y N:1,M I A M I R E_ Ok To Advertise List:With Written Broker Approval,M I A M I R E_ Subdivision Number:1,M I A M I R E_ Agent Alternate Phone:561-202-6500,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:1318 N Ocean Dr,