2118-2200 N Ocean Dr
Hollywood, FL 33019
Hollywood Beach Private Marina / Resort · Land For Sale · 0.40 AC

Back on the market, and price reduced to sell. Submit your offer. Very Hard to find Private Mini-Marina / Resort with 2 buildings including a 2-Story Luxury Owners Villa Total 15 Rental Units Only foot steps - 1 minute walk to the beach Seller Financing Available to Qualified Buyer Total 334 feet of commercial frontage on the ICW intercoastal waterway & Heavy Traffic A1A (N Ocean Drive) 8 Large Slips setup for 45' to 70' Yachts but can fit 16 to 32 smaller boats total 450' linear feet of rent-able Dockage. Slips are zoned for boat rentals with Deep water access / no fixed bridges. Optional, Current Owner willing to lease back some of apartments & yacht slips Make 10%+ to CAP on short-term rentals / AirBNB or long-term hold 4.5% to 5% CAP on long-term annual leases. (Both proformas attached) All of Hollywood beach is only 1 Block wide, thus this is a very unique High land value commercial opportunity, To simultaneously have a marina on the ICW, only one block from the beach, on a commercial Highway. Triple the business opportunities at this particular location. Plus one of the largest muti-story 300 car City Beach Parking lots is directly in front of this property, which means hundreds of beach goers per day, and public parking for your own clients. Directly Behind the property gives direct private access into the 1500 Acres Ann Kolb nature preserve and bird sanctuary kayak entrance into many miles of beautiful mangrove trails. Perfect attraction for eco-resort across from Beach. Current Zoning by-right allows for future development by right up to 5 stories approximately 15,000 to 20,000sqft total Building Zoning by right for 50 to 70 units per acre. By-right highest and best use would be a 5 story Luxury Hotel & Yacht Club Marina with roof top pool, and 29 Boutique Luxury hotel Suites in half of building plus have approximately 10,000 sqft remaining for commercial Amenities & Sunset Facing Restaurants with Ocean views above 2nd floor. Nearby New Hotel Rates average $400 to $700 per night and are are fully booked / sold-out regularly. Property is zoned commercial, hotel, motel, restaurant, bar, retail, and the boat slips are zoned for Boat rentals. Investors can utilize the mansion and apartments as-is as short-term and vacation rentals, which can gross around $1M per year and net around $750K each year for an excellent CAP return, or operate a Boat / Yacht rental or Yacht Club, Eco-Resort or Yoga / Wellness Retreat could Gross $3M to $8M per year. Location is also has very high demand for waterfront dining, 4 of the most well established & very successful sunset facing restaurants in south Florida are down the street and have been grossing millions per year for dozens of years, GG's, Billy's Stone Crab, Taverna Opa, Le-Tub. Positioned in the yacht capital of the world, buyers will have no shortage of customers for whichever business they choose to pursue Boating, or Sunset Dining customers, or Eco-Resort/Beach guests. Margaritaville's Beach Resort is a stone’s throw from the property, and new developments are taking hold of the area, such as Marriot’s new high-end boutique hotel next door and a host of new mid- and high-rises nearby. 2118-2200 N Ocean Highway offers an ideal opportunity for a variety of income streams in the yacht capital of the world.