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1510 N Ocean Dr, Hollywood, FL 33019
$3,400,000
1510 N Ocean Dr, Hollywood, FL 33019View this property at 1510 N Ocean Dr, Hollywood, FL 33019
1510 N Ocean DrHollywoodFL33019
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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.
Full Property Details
Full Property Details for 1510 N Ocean Dr
General
- Sold For: $3,400,000
- Taxes: $56,539
- Status: Closed
- Type: Commercial Multi-Family
- MLS ID: A11386723
- Added to Site: 367 day(s) ago
Business
- Business Type: Hotel/Motel, Residential-Multi-Family
Rental Information
- Approvals: Unapproved
Location
- County: Broward County
Structural Information
- Detached/Attached: Detached
- Building Size: 8286
- Year Built: 1949
Lot Features
- Lot Size (Sq. Ft.): 13,851
- Potential Use: Investment
- Zoning: BRT-25-A
Financial Considerations
- Tax Amount: $56,539
Disclosures and Reports
- Buyer’s Brokerage Compensation: 1%
- Special Conditions: Sale
- Legal Description: HOLLYWOOD BEACH FIRST ADD 1-31 B LOT 45 THRU 49 LESS RD R/W BLK A
- Property ID: 514212010210
Listed by Blackstone Intern'l Realty LLC
Sold by Elite Sales Group
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Schools
Schools serving 1510 N Ocean Dr
School District:Broward County School District
Rating | Name | Grades | Distance |
---|---|---|---|
1700 Monroe St, Hollywood, FL 33020 | PK-5 | 1.6 mi | |
330 Se 11th Ter, Dania Beach, FL 33004 | 6-8 | 2.8 mi | |
1901 N Federal Hwy, Hollywood, FL 33020 | 9-12 | 2.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1510 N Ocean Dr
Date
Details
Price
Change
Source
12/29/2023
Sold
$3,400,000
-5.56%
MLS
11/28/2023
Price Reduced
$3,600,000
-52%
MLS
5/12/2023
Listed
$7,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1510 N Ocean Dr, Hollywood, FL 33019 (MLS# A11386723) is a Commercial Multi-Family property that was sold at $3,400,000 on December 29, 2023. Want to learn more about 1510 N Ocean Dr? Do you have questions about finding other Commercial Multi-Family real estate for sale in Hollywood? You can browse all Hollywood real estate or contact a Coldwell Banker agent to request more information.