505 S Ocean Drive, Hollywood, FL 33019

$4,100,007
Sold Price
$4,100,007
List Price
$6,000,000
Closing Date
Apr 01, 2026
MLS#
F10497859
Status
CLOSED
Type
Commercial

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!

Additional Information

Days on Market
298
Tax Amount
$52,110
Water Access
Land Only, Business; Building And Land
Parcel Number
514213012990
Lot Size
8,409
Address
505 S Ocean Drive, Hollywood
Year Built
1954
Section
13

Mortgage Calculator

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Calculator source: Real Geeks

Listing Courtesy of Hollywood Diamond Realty, Contact:

Selling Office: Leonor Daniela Ladino.