This prime 8,650+ SqFt waterfront lot in the heart of Hollywood Beach—comprised of two separate folios (5142 01 02 3520 and 5142 01 02 3530)—offers approximately 120 linear feet on the intracoastal with no fixed bridges to the Atlantic Ocean and is just one pedestrian block from the white sands of Hollywood Beach. Zoned for residential, multifamily, lodging, or commercial use, the property allows for the development of up to a three-story building with a potential layout of six units per floor. Located in a high-tourism area with strong growth trends, this is an ideal investment opportunity with an estimated 23% return, making it highly attractive for developers or investment groups seeking medium- to long-term profitability.
Property Details
Price:
$2,700,000
MLS #:
A11810561
Status:
Active
Beds:
0
Baths:
0
Address:
5500 N Ocean Dr
Type:
Single Family
Subdivision:
HOLLYWOOD CENTRAL BEACH
Neighborhood:
Hollywood Central Beach
City:
Hollywood
Listed Date:
May 27, 2025
State:
FL
ZIP:
33019
Lot Size:
5,760 sqft / 0.25 acres (approx)
See this Listing
CENTURY 21 Carioti is a full service real estate company servicing the State of Florida with a headquarters in Orlando, FL.
More About CENTURYMortgage Calculator
Schools
Interior
Exterior
Financial
Tax Year
2024
Taxes
$14,301
Map
Community
- Address5500 N Ocean Dr Hollywood FL
- SubdivisionHOLLYWOOD CENTRAL BEACH
- CityHollywood
- CountyBroward County
- Zip Code33019
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5500 N Ocean Dr
Hollywood, FL
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