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1900 N Ocean Dr Hollywood, FL 33019
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Key Details
Sold Price $2,842,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Vergell Casa
MLS Listing ID F10368238
Sold Date 10/12/23
Construction Status Resale
HOA Y/N No
Year Built 1941
Annual Tax Amount $36,187
Tax Year 2022
Lot Size 8,270 Sqft
Property Description
AN AMAZING LOCATION ON THE INTRACOASTAL WATERWAY IN THE HEART OF HOLLYWOOD BEACH! CLOSE TO THE WORLD FAMOUS HOLLYWOOD BEACH BROADWALK ALONG THE ATLANTIC OCEAN AND THE FABULOUS MARGARITAVILLE RESORT HOTEL. THIS PROPERTY HAS 10 UNITS SITUATED ON 3 LOTS & INCLUDES A 120 FT PARALLEL DOCK TO ACCOMODATE SEVERAL BOATS. CURRENTLY OPERATED AS YEARLY RENTALS WITH MONTH-TO-MONTH TENANCIES. READY FOR NEW OWNER TO TAKE IT TO A NEW LEVEL WITH A POTENTIALLY GREAT "UPSIDE"! AN INVESTOR'S DREAM TO RUN AS AN AIRBNB OR SHORT TERM MOTEL FOR MUCH HIGHER INCOME, OR FOR A DEVELOPER TO BUILD A COMMERCIAL BUILDING AT A 50 FT HEIGHT. ZONED BRT-25-A1A-C. HAS A "CERTIFICATE OF USE" FOR 10 UNITS FROM THE CITY OF HOLLYWOOD. THE LAND ALONE SUBSTANTIATES THE VALUE! THIS IS A RARE FIND! PLEASE DO NOT DISTURB THE TENANTS!
Location
State FL
County Broward County
Area Hollywood East (3010-3050)
Zoning BRT-25
Interior
Heating No Heat
Cooling Central Building A/C
Flooring Other Floors
Exterior
Waterfront Yes
Water Access N
Roof Type Other Roof
Private Pool No
Building
Story 2.0000
Foundation Cbs Construction
Sewer Public Sanitation
Water Public Water
Construction Status Resale
Others
Pets Allowed No
Ownership Limited Partnership
Security Features Security Lighting
Acceptable Financing Cash
Listing Terms Cash
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Bought with Hollywood Beach Realty Inc
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