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5500 N Ocean Dr, Hollywood, Florida 33019

Active For Sale
$2,700,000
  • Beds 0
  • Baths 0
  • Sq Ft 0 Sqft
  • Visits: 3 in 8 days

Description

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.

Address Map

  • Country: US
  • State: FL
  • County: Broward
  • City: Hollywood
  • Subdivision: HOLLYWOOD CENTRAL BEACH
  • Zipcode: 33019
  • Street: Ocean Dr
  • Street Number: 5500
  • Floor Number: 0
  • Longitude: W81° 53' 7.2''
  • Latitude: N26° 2' 55.9''
  • Street Dir Prefix: N
  • MLS Area: 3010

MLS Addon

  • Association Fee: $0
  • Close Price: $0
  • Insurance Expense: $0
  • Lot Features: <1 Acre
  • Lot Size Dimensions: 120x80
  • New Taxes Expense: $0
  • Road Frontage Type: County Road
  • Tax Annual Amount: $14,301
  • Tax Year: 2024
  • Utilities: No
  • Water Front Features: Canal Front

Location

Listing Updated: 2025-05-28 02:50:19

  • Property Type : Land
  • Listing Type : For Sale
  • Listing ID : A11810561
  • Price : $2,700,000
  • View : Garden, Other
  • Bedrooms : 0
  • Bathrooms : 0
  • Half Bathrooms : 0
  • Square Footage : 0 Sqft
  • Year Built : 0
  • Lot Area : 0.25 Acre
  • Listing Status : Active
  • Days On Market : 7
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