605 and 609 S Ocean Dr

| Hollywood | FL, 33019

Beds | Baths | Sqft.

$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 .
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Schools for 605 and 609 S Ocean Dr

School grades distance type
South Broward High School9-120.94 milespublic
Olsen Middle School6-81.0 milespublic
Little Flower SchoolPK-81.36 milesprivate
Little Flower Catholic SchoolPK-81.37 milesprivate
Avant Garde Academy Of Broward6-121.4 milescharter
Avant Garde Academy K-8 BrowardK-81.4 milescharter
Hollywood Academy Of Arts & ScienceK-51.56 milescharter
Hollywood Academy of Arts and Science Middle School6-81.56 milescharter
Hollywood Central Elementary SchoolPK-51.66 milespublic
Dania Elementary SchoolPK-51.66 milespublic
Attucks Middle School6-81.77 milespublic
Sungate Academy1-81.78 milesprivate
Beachside Montessori VillageK-81.8 milespublic
Marware Montessori AcademyPK-32.01 milesprivate
Alpha International AcademyK-52.12 milescharter
Bethune Mary M Elementary SchoolPK-52.21 milespublic
Oakridge Elementary SchoolPK-52.28 milespublic
Ben Gamla Charter School North CampusK-82.44 milescharter
Ben Gamla Charter SchoolK-82.44 milescharter
St. Mark's Lutheran Church SchoolPK-82.49 milesprivate
Collins Elementary SchoolPK-52.53 milespublic
Ben Gamla Preparatory Charter High School9-122.53 milescharter
Ben Gamla Preparatory School6-82.53 milescharter
Paragon Academy Of Technology6-82.55 milescharter
Sunshine Elementary Charter SchoolK-52.55 milescharter
Levy Learning CenterK-92.61 milesprivate
Aukela Christian Military AcademyPK-112.82 milesprivate
Colbert Elementary SchoolK-52.87 milespublic

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