$8,500,000

1318 N Ocean Dr Hollywood, FL 33019

Hollywood Lakes Neighborhood

Estimated payment $52,032/month

Total Views 5,353
0.95 Acre
$8,947,368 Price per Acre
41,382 Sq Ft Lot

Highlights

  • Property has ocean access
  • Up to 100-Foot Boat
  • 0.95 Acre Lot
  • Deeded Boat Dock
  • Property fronts an intracoastal waterway
  • 4-minute walk to Charnow Park

About This Lot

600' BOAT DOCKAGE NO FIXED BRIDGES on the Intracoastal across from Bulkhead in Hollywood South Central Beach (voted #4 best beach in USA by Traveler's choice, Trip Advisor). Measurements are provided by seller. Survey available. Currently there are state funds to assess if cleanup from 1994 is still needed, current monitoring wells on site. No cost to owner. Seawalls in Hollywood need to be raised 12-18" to adjust for localized flooding. Majority of City Hollywood Beach CRA improvements have been completed including street widening, customized sidewalks, underground utilities, etc. Parallel dockage for owner possible. Property transfers as is. Owner financing is an option. Currently parking lot leased. 2024 NOI $225k approx. $86K gross from 3 rentals. Boat dock income not included.

Listing Agent

Dael Sidney

Income Properties South License #0620939 Listed on: 01/16/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $85,722

Lot Details

  • 0.95 Acre Lot
  • Lot Dimensions are 600x40
  • Property fronts an intracoastal waterway
  • West Facing Home
  • Interior Lot
  • Landscaped with Trees
  • Additional Parcels
  • Property is zoned BRT-25-A

Parking

  • Parking Available

Listing and Financial Details

  • Assessor Parcel Number 514212010260

Community Details

Overview

  • No Home Owners Association
  • Hollywood Beach First Add Condos
  • Hollywood Beach First Add Subdivision

Recreation

  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Up to 100-Foot Boat
  • Deeded Boat Dock
  • Utility Building

Property Details

Property Type

Land

Est. Annual Taxes

$85,722

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Dockominium
  • Directions: 95 to Sheridan Street. East to Ocean Dr., turn right/south.. property on right (just north of famous Margaritaville Restaurant). (2.5 miles North of Hallandale Beach Blvd; 9/10 of a mile south of Sheridan St)
  • Horses: No
  • Inclusions: Dock Available,Private Dock,Unrestricted Salt Water Access, Dock Available,Dock Owned/Included,Electric Available,Exclusive Use,Over 101 Ft Boat,Parking,Private Dock,Up to 100 Ft Boat,Water Available
  • Lot Size Acres: 0.95
  • Lot Size: 600x40
  • New Construction: No
  • Road Frontage Type: City/County Maintained, Paved Road, Public Road
  • Road Surface Type: Paved Road, Paved
  • Structure Type: Dockominium
  • Subdivision Name: HOLLYWOOD BEACH FIRST ADD
  • CurrentPrice: 8500000
  • InternetRemarks: 600' dockage on Intracoastal. Property as is. Owner consider financing. Parking lot leased. 2024 NOI $225k approx. $86K gross from 3 rentals.
  • ShowingTimeFlag: No
  • Special Features: VirtualTour

Interior Features

  • Window Features: Clear Impact Glass, Complete Impact Glass

Exterior Features

  • Direction Faces: West
  • Lot Features: Inside Location, Near Seaport, Other Location, 3/4 To Less Than 1 Acre Lot, Other, Sidewalk, Street Lights, Waterfront Bulkhead
  • Other Structures: Livable, Utility Building
  • Pool Private: No
  • View: No
  • Waterfront Features: Intracoastal Front, No Fixed Bridges, Ocean Access, Seawall
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: HOLLYWOOD BEACH FIRST ADD

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Utilities: Electricity Connected, Sewer Connected, Water Connected, Electricity Available, Other, Sewer Available, Trash Removal, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 514212010260
  • Additional Parcels: Yes
  • Current Use: Boat Dock or Dockominium, Check Land Use Plan, Other Usage
  • Development Status: Other
  • Lot Size Sq Ft: 36591
  • Zoning: BRT-25-A

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 85722

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $85,722 $3,772,530 -- --
2024 $68,976 $3,772,530 -- --
2023 $68,976 $3,117,800 $0 $0
2022 $58,885 $2,834,370 $2,744,330 $90,040
2021 $58,231 $2,764,360 $0 $0
2020 $54,419 $2,814,470 $2,744,330 $70,140
2019 $48,213 $2,268,160 $2,198,020 $70,140
2018 $64,104 $2,997,490 $2,198,020 $799,470
2017 $64,573 $2,997,490 $0 $0
2016 $35,461 $1,570,910 $0 $0
2015 $35,667 $1,570,910 $0 $0
2014 $35,994 $1,570,910 $0 $0
2013 -- $1,529,030 $831,550 $697,480
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/16/2025 01/16/25 For Sale $8,500,000 -- --
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Attorney
Warranty Deed $2,100,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $700,000 Commercial
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11726423

MIAMI REALTORS® MLS

APN: 51-42-12-01-0260

Florida Broward County Hollywood 33019 Hollywood Lakes

1318 N Ocean Dr, Hollywood, FL

For Sale

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MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Dael Sidney
Listing Agent
Dael Sidney
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Income Properties South
(754) 704-4587