505 S Ocean DR, Hollywood, FL 33019
505 S Ocean DR, Hollywood, FL 33019
505 S Ocean DR, Hollywood, FL 33019
505 S Ocean DR, Hollywood, FL 33019
505 S Ocean DR, Hollywood, FL 33019
505 S Ocean DR, Hollywood, FL 33019
Michael Borgen
Michael Borgen

+1(772) 877-7722

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$ 4,100,007

$ 6,000,000 31.7%

Est. payment | /mo

8,276 Sqft Lot


$ 4,100,007

$ 6,000,000 31.7%

Est. payment | /mo

8,276 Sqft Lot

Key Details

Sold Price $4,100,007

Property Type Commercial

Sub Type Business

Listing Status Sold

Purchase Type For Sale

MLS Listing ID F10497859

Sold Date 04/01/26

HOA Y/N No

Year Built 1954

Annual Tax Amount $52,110

Tax Year 2024

Contingent Inspection

Lot Size 8,276 Sqft

Acres 0.19

Property Sub-Type Business

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!

Location

State FL

County Broward

Area 3010

Zoning BRT-25

Interior

Interior Features InteriorFeatures

Fireplace No

Exterior

Parking Features Assigned

Roof Type Composition,Shingle

Total Parking Spaces 14

Building

Structure Type Block

Others

Tax ID 514213012990

Financing Cash

BeachesMLS, Inc. (FLR) IDX
Listed by Nicole Y D'Aiguillon Hollywood Diamond Realty
Bought with  Leonor Daniela Ladino Leonor Daniela Ladino

Nearby Locations

Michael Borgen

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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505 S Ocean DR