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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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3505 S Ocean Dr , Hollywood, FL 33019
$1,950,000
Est. Payment: $4,333.33/mo
0 Bed
0 Bath
1300 Sqft
Status: Active | Days on site: 59
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House Description

Unique opportunity to own a restaurant with the real estate in a prime beachfront location in the Alexander Towers in Hollywood Beach, located NEXT to the renowned Diplomat Beach Resort. This fully equipped restaurant with a full commercial kitchen is ready to operate immediately, offering a rare chance for an owner-operator or investor to step into a turnkey beachside restaurant. The space offers approximately 2,000 SQFT total, including 1,300 SQFT of interior dining and kitchen area, 600 SQFT of outdoor seating facing the pool, and 100 SQFT allocated for bathrooms and storage. The restaurant is located on the ground floor of a residential building with 270 units, providing a built-in customer base in addition to the steady flow of beach visitors and local tourists. The fully built-out commercial kitchen includes a 10-foot hood and grease trap, making it suitable for a wide range of culinary concepts. The City of Hollywood is known for being easy to work with, allowing a new owner to reopen quickly—potentially the very next day. With its beachfront setting, strong local and tourist traffic, and the rare advantage of owning the real estate along with the restaurant, this is an exceptional investment opportunity in one of South Florida’s most desirable coastal destinations.

Highlights

Listed by Sara Bussu , 954-588-1826 Atlantic Grand Realty, LLC , 954-588-1826.

Property Type

Business Opportunity

Year Built

1964

County

Broward

Area

3010

Listing ID

A11978729

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Zoning:RM-25
Principal Interest
$4,333
Taxes
$729

Home Price

$1,950,000

Loan Details

30 yrs
%

Down Payment

20%
$390,000
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Monthly Price:
$4,333.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,333.33 $728.83 $0.00 $5,062.17
Yearly $52,000.00 $8,746.00 $0.00 $60,746.00
Total $1,560,000.00 $262,380.00 $0.00 $1,822,380.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Hollywood, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.