8
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$2,700,000
Est. payment /mo
0.25 Acres Lot
Active
5500 N Ocean Dr Hollywood, FL 33019
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Hollywood Central Beach
MLS Listing ID A11810561
HOA Y/N No
Annual Tax Amount $14,301
Tax Year 2024
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions 120x80
Property Description
This prime 8,650+ SqFt waterfront lot in the heart of Hollywood Beach—comprised of two separate folios (5142 01 02 3520 and 5142 01 02 3530)—offers approximately 120 linear feet on the intracoastal with no fixed bridges to the Atlantic Ocean and is just one pedestrian block from the white sands of Hollywood Beach. Zoned for residential, multifamily, lodging, or commercial use, the property allows for the development of up to a three-story building with a potential layout of six units per floor. Located in a high-tourism area with strong growth trends, this is an ideal investment opportunity with an estimated 23% return, making it highly attractive for developers or investment groups seeking medium- to long-term profitability.
Location
State FL
County Broward
Community Hollywood Central Beach
Area 3010
Exterior
Utilities Available None
Waterfront Description Canal Front
Private Pool Yes
Building
Lot Description <1 Acre
Sewer Public Sewer
Water Public
Others
Tax ID 514201023530
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11810561
Listed by Edivial International Realty