5500 N Ocean Dr
Hollywood, FL 33019
Map
- – beds
- – baths
- – sqft
- 5,760 sqft lot
- – on site
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.
Last checked:
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Last updated May 28, 2025
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MLS# A11810561 —
Financial & Terms
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Possession:ClosingAndFunding,CloseOfEscrow
The Property
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Parcel Number:514201023530
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Property Type:Land
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Zoning Description:NBDD-DZ
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Lot Features:LessThanOneAcre
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Lot Size Area:5760.0
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Lot Size Acres:0.25
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Lot Size SqFt:5,760 Sqft
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Lot Size Dimensions:120x80
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Lot Size Units:SquareFeet
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Waterfront:true
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Waterfront Features:CanalFront
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Road Frontage Type:CountyRoad
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Additional Parcels:514201023520,
Listing Agent
- Contact info:
- Agent phone:
- (305) 934-6905
- Office phone:
- (305) 960-7758
Taxes
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Tax Year:2024
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Tax Annual Amount:$14,301
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Tax Legal Description:HOLLYWOOD CENTRAL BEACH 4-20 B LOT 7,8 BLK 175,LESS POR R/W AS DESC IN FDOT R/W MAP BOOK OF OR 12/13
The Listing
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Virtual Tour Unbranded:
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Disclosures:OwnerIsListingAgent
Utilities
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Utilities:None
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Sewer:PublicSewer
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Water Source:Public
The Community
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Subdivision Name:Hollywood Central Beach
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/27/25
May 27, 2025
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Listed / Active | MLSM | $2,700,000 | 68.8% (6.5% / YR) |
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1/30/25
Jan 30, 2025
|
Listed / Active | MLSM | ||
|
1/20/25
Jan 20, 2025
|
Price Changed | MLSM |
