2 months on rocket

5500 N Ocean Dr, Hollywood, FL, 33019

$3,700,000

0.19 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeResidential
WaterfrontBay Front
ViewBay
MLS #A11656027
Lot Size0.19 Acres
StatusActive

About 5500 N Ocean Dr

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.

Property Details

Property Features

Listing Office:

  • Office Name: Douglas Elliman
  • Office Phone: (305) 677-5000
  • Listing Agent: Ignacio Villanueva

Exterior Features

Exterior Information:

  • Waterfront: Bay Front
  • View: Bay

Virtual/3D Tour

  • Virtual Tour: 5500 N Ocean Dr
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,700,000
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Housing Market Comparison

See how this home compares to others in Hollywood, FL.

Med. Sold Price

$485K

Med. Price/SqFt

$359

Avg. Days On Market

75

# of Sold Homes

99

5500 N Ocean Dr vs Hollywood

69 DAYS ON ROCKET

-6 Days

$3,700,000

+$3.2M More

KEY TAKEAWAY

This property is $3.2M more than the Median Sold Price in Hollywood, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11656027

Listing Office:

  • Office Name: Douglas Elliman
  • Office Phone: (305) 677-5000
  • Listing Agent: Ignacio Villanueva

IDX © 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 3:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$18.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$11.1K

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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.

Nearby Schools

school-card-donut-333502
7
/10
  • Dania Elementary School

  • 300 SE 2nd Ave

  • 1.71 miles

  • Public District Grades KG-5

school-card-donut-333503
4
/10
  • Collins Elementary School

  • 1050 NW 2nd St

  • 2.27 miles

  • Public District Grades PK-5

school-card-donut-333504
5
/10
  • Mary M. Bethune Elementary School

  • 2400 Meade St

  • 2.51 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $98,196. Most Hollywood, FL residents have annual incomes between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

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.

How much acreage is this property?

The property 5500 N Ocean Dr is 0.19 acres.
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Rocket HomesFloridaBroward CountyHollywood330195500 N Ocean Dr

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.

While more than 8 listings in Hollywood, FL in October 2024 were sold above asking price, there were more than 9 listings sold at asking price, and more than 82 were sold below. In October 2024 in Hollywood, FL there were 9.3% more homes for sale than in September 2024. Listings spent 75 days on the market in October 2024, and had a median list price of $485,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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