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1318 N Ocean Blvd 0.77 Acres of Commercial Land Offered at $7,150,000 in Hollywood, FL 33019
Executive Summary
Approx. 480' PARALLEL DOCKAGE on the Intracoastal across from Bulkhead in Hollywood South Central Beach. Survey available. Current monitoring wells on site. All of the seawalls in Hollywood need to be raised 12-18" to adjust for localized flooding and is in permitting process. 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. Currently parking lot leased. Prime investment opportunity in Hollywood South Central Beach which is #4 on Best Beaches in USA by Travelers Choice / Trip Advisor! No fixed bridges to cruise the intracoastal or hinder ocean access!
Paying outrageous boat dock fees? Pay no more...own your own dock! Centrally located in South Florida. NOTE: 7 lots towards the ocean currently used as parking lot also available across the street !
Ideal 1031 tax exchange property. Close with cash or owner financing.
Current income from parking lot and boat slips. Hollywood Beach CRA has been undergoing major updates and development. Here's your chance to get a piece of real estate between the ocean and intracoastal! Buyer should verify all information.
Paying outrageous boat dock fees? Pay no more...own your own dock! Centrally located in South Florida. NOTE: 7 lots towards the ocean currently used as parking lot also available across the street !
Ideal 1031 tax exchange property. Close with cash or owner financing.
Current income from parking lot and boat slips. Hollywood Beach CRA has been undergoing major updates and development. Here's your chance to get a piece of real estate between the ocean and intracoastal! Buyer should verify all information.
Property Facts
1 Lot Available
Lot 53-64
| Price | $7,150,000 | Lot Size | 0.77 AC |
| Price Per AC | $9,234,838.72 |
| Price | $7,150,000 |
| Price Per AC | $9,234,838.72 |
| Lot Size | 0.77 AC |
Currently zoned commercial, Approx 480' on intracoastal with boats slips & parking lot. Final 12 large lots available Hollywood South Central Beach! Beautiful views of the intracoastal which is protected from development by West Lake Park.
Description
Parking Lot & Boat Dock on intracoastal with ocean access. Approx. 480' on the intracoastal with leased boatslips. The property is lined with paid parking managed by ASTA ($225K net). Additional lots across the street could be available to meet developer needs. World Famous Margaritaville Restaurant (across street is the Resort) to the south. All info to be verified.
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 51-42-12-01-0260 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $4,149,780 |
Property Taxes
Parcel Number
51-42-12-01-0260
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$4,149,780
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1318 N Ocean Blvd