605 and 609 S Ocean Dr
| Hollywood | FL, 33019
$2,499,000
$0.00 / Sqft.





























































Key Details
- MLS ID: A10904004
- Subtype:
- Living Area: Sqft.
- County: Broward County
- Type: Commercial Sale
- City: Hollywood
General Information
- Address: 605 and 609 S Ocean Dr
- Full Baths:
- Total Baths:
- Bedrooms:
- Unit #:
- Status: Active
- Subdivision:
- Parcel #: 514213013150
Property Details
- Lot size: sq ft.
- Year built: 1954
- Garage spaces:
- Status change date: 2020-08-03
- Last modified: 2020-08-04
- Photos changed: 2020-08-03
Listing Description
12% cap rate amazing opportunity for investors wishing to do vacation rentals. Zoned for hotel, completely remodeled 8 units that consist of 3 one bedroom units and 5 studio units. Impact windows throughout!!! You do not need a vacation rental license to perform business in this unit. It is allowed per hollywood zoning laws. Units are fully rented by airbnb and have a good database of repeated customers. Roof is new and units are fully remodeled with porcelain floors, spot lights and brand new bathrooms. Seller will provide all the current bookings for next months so new buyer can earn income right from closing date. One bedroom units are currently rented for 150-200 dollars a day and studios 100-150 a day, depending on holidays and days of the week. Steps to ocean and restaurants.
This Listing is Courtesy of: Vera Realty LLC .
Disclaimer: All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.
Disclaimer: All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.
Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.
Schools for 605 and 609 S Ocean Dr
more schools Show All