$3,400,000
$3,600,000
5.6%For more information regarding the value of a property, please contact us for a free consultation.
1510 N Ocean Dr Hollywood, FL 33019
8,286 SqFt
Key Details
Sold Price $3,400,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 8,286 sqft
Price per Sqft $410
MLS Listing ID A11386723
Sold Date 12/29/23
HOA Y/N No
Year Built 1949
Annual Tax Amount $56,539
Contingent Other
Lot Size 0.318 Acres
Property Description
This rarely available waterfront opportunity includes three buildings operating as 17 total apartments and motel units. Perfect for an AirBNB operator or a developer who wants to collect rent now and develop in the future.
Residents can walk 500 feet to the beach, enjoy great restaurants, nightlife and much more. Just 15 minutes away from the Fort Lauderdale airport, and a short drive to shopping and restaurants in Aventura, Bal Harbour, downtown Fort Lauderdale and South Beach.
NOTE: Tax rolls show only 16 permitted units on 1510 North Ocean Drive. Also, the yellow building and parking lot at the south end of the property is under contract and not included in the listed price.
Location
State FL
County Broward County
Area 3010
Others
Tax ID 514212010210
Financing Cash
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Bought with Elite Sales Group