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$4,100,007
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Property Description
Welcome to Sandcastle by the Sea Apartments, located just steps from the Hollywood Beach Broadwalk! This exceptional and massive property sits on multiple lots of nearly 18,000SF, boasting stunning views of the widest intracoastal area along the beach. It occupies the entire end of a beach block with direct Broadwalk access, making it one of the rarest investment opportunities on Hollywood Beach. Featuring 17 total rental units; (11) Large 1 BR, (5) Efficiencies, (1) Large 2 BR. Additionally, there are 14 included parking spaces, adding significant appeal, as on-site parking is scarce in the area.The purchase includes the adjacent property at 513 S Ocean Drive.Conveniently located just 10 minutes from Hollywood/Fort Lauderdale Airport and near the Hard Rock Casino and Miami Beach!
Full Property Details
Full Property Details for 505 S Ocean Dr
General
- Sold For: $4,100,007
- Taxes: $52,110 (2024)
- Status: Closed
- Type: Business
- Source: Regional
- MLS ID: F10497859
- Added to Site: 381 day(s) ago
Business
- Business Type: Commercial, Other
Parking
- Total Spaces: 14
- Parking Features: Assigned
Location
- County: Broward
Community
- Community Name: 3010
Structural Information
- Structure Type: Hotel/Motel
- Construction: Block
- Roof: Composition, Shingle
- Year Built: 1954
Lot Features
- Lot Size (Acres): 0.19
- Zoning: BRT-25
Financial Considerations
- Assessment Amount: $2,263,400
- Tax Amount: $52,110
- Tax Year: 2024
Disclosures and Reports
- Legal Description: HOLLYWOOD BEACH 1-27 B LOT 17 LESS ST, 18 LESS ST BLK 13 LESS ADDITIONAL POR OF R/W PER MISC MAP 8-197
- Property ID: 514213012990
Listed by Hollywood Diamond Realty
Sold by Leonor Daniela Ladino
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Schools
Schools serving 505 S Ocean Dr
School District:Broward County School District
| Name | Grades | Distance |
|---|---|---|
Hollywood Central Elementary School 1700 Monroe Street, Hollywood, FL 33020 | K-5 | 1.6 mi |
Olsen Middle School 330 Southeast 11th Terrace, Dania Beach, FL 33004 | 6-8 | 2.3 mi |
South Broward High School 1901 North Federal Highway, Hollywood, FL 33020 | 9-12 | 2.1 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 505 S Ocean Dr
Date
Details
Price
Change
Source
4/01/2026
Sold
$4,100,007
-31.67%
MLS
4/02/2025
Listed
$6,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
505 S Ocean Drive, Hollywood, FL 33019 (MLS# F10497859) is a Business property that was sold at $4,100,007 on April 01, 2026. Want to learn more about 505 S Ocean Drive? Do you have questions about finding other Business real estate for sale in Hollywood? You can browse all Hollywood real estate or contact a Coldwell Banker agent to request more information.

