Prime piece of waterfront land located in the heart of Hollywood Beach. This 8,600+ SqFt lot (in 2 separate folios: 5142 01 02 3520 and 5142 01 02 3530) offers roughly 120 linear feet on the intracoastal with no fixed bridges to the Atlantic Ocean while sitting one pedestrian block away from the white sands of Hollywood Beach. The property is zoned for either residential/multifamily, lodging or commercial. Ripe for immediate development.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$18.5K
Per Month
Principal & Interest
$18.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$11.1K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Dania Elementary School
300 SE 2nd Ave
Distance between this listing and this school1.71 miles
Public District Grades KG-5
4
/10
Collins Elementary School
1050 NW 2nd St
Distance between this listing and this school2.27 miles
Public District Grades PK-5
5
/10
Mary M. Bethune Elementary School
2400 Meade St
Distance between this listing and this school2.51 miles
Public Magnet Grades PK-5
Nearby Schools
3
/10
Olsen Middle School
330 SE 11th Ter
Distance between this listing and this school1.72 miles
Public District Grades 6-8
4
/10
Attucks Middle School
3500 N 22nd Ave
Distance between this listing and this school2.41 miles
Public Magnet Grades 6-8
9
/10
Hollywood Academy of Arts and Science Middle School
1705 Van Buren St
Distance between this listing and this school3.15 miles
Public Charter Grades 6-8
Nearby Schools
4
/10
South Broward High School
1901 N Federal Hwy
Distance between this listing and this school2.13 miles
Public Magnet Grades 9-12
6
/10
Avant Garde Academy of Broward
2025 McKinley St
Distance between this listing and this school2.63 miles
Public Charter Grades 6-12
1
/10
Seagull School
425 SW 28th St
Distance between this listing and this school3.45 miles
The neighbors living near this home have an average income of $98,196. Typical income of Hollywood, FL residents is between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5500 N Ocean Dr
What is the listing price of this property?
The listing price of 5500 N Ocean Dr property is $3,700,000.
What type of property is this?
The property 5500 N Ocean Dr is land located in Hollywood, Florida, 33019.
Is this property for sale now?
Active Listing: 5500 N Ocean Dr is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 5500 N Ocean Dr in Hollywood, FL and zip code 33019 in the North Beach neighborhood. This home sits on a 0.19 acre lot. It has been listed on Rocket Homes since September 13, 2024 and is currently priced at $3,700,000.
In November 2024 more than 10 listings in Hollywood, FL were sold above the asking price. During the same period more than 12 listings were sold at asking price, while more than 80 were sold below. In November 2024 in Hollywood, FL there were 9.4% more homes for sale than in October 2024. Listings spent 87 days on the market in November 2024, and had a median list price of $483,177 during the same period.
From Rocket Homes Real Estate and based on county public records data.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Hiking/backpacking
Hiking/backpacking
PGA/LPGA
Horse Races
Nordstrom Rack
Stein Mart
Chico's
Chipotle
Bonefish Grill
LongHorn Steakhouse
Mazda
Lincoln
Cadillac
Rock
Classical
Contemporary Inspirational