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$2,000,000 Just Listed
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Property Description
Unique opportunity to own a restaurant with the real estate in a prime beachfront location in the Alexander Towers in Hollywood Beach, located NEXT to the renowned Diplomat Beach Resort. This fully equipped restaurant with a full commercial kitchen is ready to operate immediately, offering a rare chance for an owner-operator or investor to step into a turnkey beachside restaurant. The space offers approximately 2,000 SQFT total, including 1,300 SQFT of interior dining and kitchen area, 600 SQFT of outdoor seating facing the pool, and 100 SQFT allocated for bathrooms and storage. The restaurant is located on the ground floor of a residential building with 270 units, providing a built-in customer base in addition to the steady flow of beach visitors and local tourists. The fully built-out commercial kitchen includes a 10-foot hood and grease trap, making it suitable for a wide range of culinary concepts. The City of Hollywood is known for being easy to work with, allowing a new owner to reopen quickly-potentially the very next day. With its beachfront setting, strong local and tourist traffic, and the rare advantage of owning the real estate along with the restaurant, this is an exceptional investment opportunity in one of South Florida's most desirable coastal destinations.
Full Property Details
Full Property Details for 3505 S Ocean Dr
General
- Price: $2,000,000
- Taxes: $8,746
- Status: Active
- Type: Commercial Service
- Source: Greater_Miami
- MLS ID: A11978730
- Updated: 3/8/2026
- Added to Site: 5 day(s) ago
Business
- Business Type: Restaurant/Bar
Location
- County: Broward County
Structural Information
- Structure Type: Restaurant
- Detached/Attached: Detached
- Building Size: 2000
- Year Built: 1964
Lot Features
- Lot Size (Sq. Ft.): 2,000
- Zoning: RM-25
Financial Considerations
- Tax Amount: $8,746
Disclosures and Reports
- Special Conditions: Sale
- Legal Description: THE ALEXANDER TOWERS COMM CONDO UNIT C.U.5 PER AMCDO BK/PG: 22502/765
- Property ID: 514224BL0070
Listed by Atlantic Grand Realty, LLC
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Schools
Schools serving 3505 S Ocean Dr
School District:Broward County School District
| Name | Grades | Distance |
|---|---|---|
Hollywood Central Elementary School 1700 Monroe Street, Hollywood, FL 33020 | K-5 | 1.8 mi |
Hallandale High School 720 Northwest 9th Avenue, Hallandale Beach, FL 33009 | 9-12 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3505 S Ocean Dr
Date
Details
Price
Change
Source
3/08/2026
Listed
$2,000,000
669.23%
MLS
11/10/2016
Sold
$260,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3505 S Ocean Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
$361,660
10%
2024
-100%
$329,630
22%
2023
$5,180
8%
$271,210
6%
2021
$4,780
-3%
$255,660
-3%
2022
$4,908
3%
$263,320
4%
2021
$4,780
-2%
$252,140
-2%
2019
$4,870
5%
$256,460
2%
2018
$4,653
-3%
$251,680
-3%
2017
$4,795
-10%
$260,290
-2%
2016
$5,312
3%
$265,510
30%
2015
$5,165
10%
$204,250
10%
2014
$4,697
16%
$185,690
10%
2013
$4,064
—
$168,810
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3505 S Ocean Dr
3505 S Ocean Dr, Hollywood, FL 33019 (MLS# A11978730) is a Commercial Service property. 3505 S Ocean Dr is currently listed for $2,000,000 and was received on March 08, 2026. Want to learn more about 3505 S Ocean Dr? Do you have questions about finding other Commercial Service real estate for sale in Hollywood? You can browse all Hollywood real estate or contact a Coldwell Banker agent to request more information.

