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1409 Ocean dr - 21 CITY LOTS beach district 1.6 Acres of Commercial Land Offered at $22,000,000 in Hollywood, FL 33019
Investment Highlights
- On the intracoastal & steps to the beach
Executive Summary
Seven folio numbers included on East side of N Ocean Dr (currently used as paid parking lot) 514212010.....671, 680, 690, 710, 720, 721, 730
One folio number included (less Lot 52) on West side (Intracoastal side) of N Ocean Dr multiple boat slips & paid parking lot income): 514212010260
One folio number included (less Lot 52) on West side (Intracoastal side) of N Ocean Dr multiple boat slips & paid parking lot income): 514212010260
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
Property Facts
| Price | $22,000,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 1.60 AC |
| Zoning | BRT-25-C - Beach Resort Commercial District (CRA BEACH) | ||
| Price | $22,000,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 1.60 AC |
| Zoning | BRT-25-C - Beach Resort Commercial District (CRA BEACH) |
1 Lot Available
Lot
| Price | $22,000,000 | Lot Size | 1.60 AC |
| Price Per AC | $13,750,000.00 |
| Price | $22,000,000 |
| Price Per AC | $13,750,000.00 |
| Lot Size | 1.60 AC |
Multiple city lots nearing $1M annual income from parking, boat slip/dock rental. Includes over 450' (12 lots: 53-64) on the intracoastal which can be sold with seawall being raised to code. 8 Folio numbers
Description
Close to 1 MILLION annual income between 2 paved parking lot leases, approx 480' boat dockage on the intracoastal and multifamily rental. 9 city lots on the SouthEast side of N Ocean Drive & Hayes St, steps to the beach. 12 city lots on the Intracoastal side of N Ocean Drive. Ocean and Wide Intracoastal views with no fixed bridges north or south. Perfect for 1031 exchange, development or just hold and let it appreciate.
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Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 (2026) | |
| Land Assessment | $0 (2026) | Total Assessment | $6,144,870 (2026) |
Property Taxes
Parcel Numbers
Land Assessment
$0 (2026)
Improvements Assessment
$0 (2026)
Total Assessment
$6,144,870 (2026)
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Contact the Sale Advisor
1409 Ocean dr - 21 CITY LOTS beach district