1900 N Ocean Drive, Hollywood, FL 33019

Property Description

AN AMAZING LOCATION ON THE INTRACOASTAL WATERWAY IN THE HEART OF HOLLYWOOD BEACH! CLOSE TO THE WORLD FAMOUS HOLLYWOOD BEACH BROADWALK ALONG THE ATLANTIC OCEAN AND THE FABULOUS MARGARITAVILLE RESORT HOTEL. THIS PROPERTY HAS 10 UNITS SITUATED ON 3 LOTS & INCLUDES A 120 FT PARALLEL DOCK TO ACCOMODATE SEVERAL BOATS. CURRENTLY OPERATED AS YEARLY RENTALS WITH MONTH-TO-MONTH TENANCIES. READY FOR NEW OWNER TO TAKE IT TO A NEW LEVEL WITH A POTENTIALLY GREAT "UPSIDE"! AN INVESTOR'S DREAM TO RUN AS AN AIRBNB OR SHORT TERM MOTEL FOR MUCH HIGHER INCOME, OR FOR A DEVELOPER TO BUILD A COMMERCIAL BUILDING AT A 50 FT HEIGHT. ZONED BRT-25-A1A-C. HAS A "CERTIFICATE OF USE" FOR 10 UNITS FROM THE CITY OF HOLLYWOOD. THE LAND ALONE SUBSTANTIATES THE VALUE! THIS IS A RARE FIND! PLEASE DO NOT DISTURB THE TENANTS!