$4,100,007
Sold · April 1, 2026
505 S Ocean Drive
Explore the area: Hollywood homes for sale · Broward County real estate
Sale Summary
What this home sold for
- Sold price
- $4,100,007
- Vs. list price
- 31.7% under
- Days on market
- 298
- Price per sq ft
- N/A
This commercial property in ZIP 33019 sold for $4,100,007 on April 1, 2026. That was 31.7% below its final list price of $6,000,000. It first came on the market at $7,500,000, so the price was adjusted before it sold. It spent 298 days on the market.
Listing Snapshot
- Sold Price
- $4,100,007
- Sold On
- April 1, 2026
- Days on Site
- 298 Days
- Bedrooms
- 0
- Total Baths
- 0
- Lot Size
- 0.19 Acres
- Year Built
- 1954
- Property Type
- Commercial
- MLS #
- F10497859
- Property Tax
- $52,110 (2024)
- County
- Broward
- Status
- Sold
About This Property
Welcome to Sandcastle by the Sea Apartments, located just steps from the Hollywood Beach Broadwalk! This exceptional and massive property sits on multiple lots of nearly 18,000SF, boasting stunning views of the widest intracoastal area along the beach. It occupies the entire end of a beach block with direct Broadwalk access, making it one of the rarest investment opportunities on Hollywood Beach. Featuring 17 total rental units; (11) Large 1 BR, (5) Efficiencies, (1) Large 2 BR. Additionally, there are 14 included parking spaces, adding significant appeal, as on-site parking is scarce in the area.The purchase includes the adjacent property at 513 S Ocean Drive.Conveniently located just 10 minutes from Hollywood/Fort Lauderdale Airport and near the Hard Rock Casino and Miami Beach!
Virtual TourGeneral Features
- Property Type
- Commercial
- Status
- Sold
- Year Built
- 1954
- Parking
- Assigned
- Lot Size (Acres)
- 0.19
- Structure Type
- Hotel Motel
- Zoning
- BRT-25
Exterior Features
- Construction
- Block
- Roof
- Composition / Shingle
Community & HOA
- MLS Area
- 3010
About the Area
Browse Hollywood homes for sale across every neighborhood and price point in Broward. Available homes span single-family, townhome, and condo segments throughout the city. Hollywood includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Broward, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Broward market data, see Florida Realtors' monthly statistics. Browse the latest Hollywood listings below. Then connect with a Pure Equity agent to schedule a private showing.
- Homes for Sale
- 2,347
- Median List Price
- $499,000
- Median $/Sq Ft
- $399
- Avg Days on Market
- 158
Frequently Asked Questions
- How do I schedule a tour of 505 S Ocean Drive, Hollywood, FL 33019?
- Use the Tour button on this listing to request a showing of 505 S Ocean Drive, Hollywood, FL 33019. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 505 S Ocean Drive, Hollywood, FL 33019 still available?
- 505 S Ocean Drive, Hollywood, FL 33019 is currently listed as Sold, and has been on the market 298 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 505 S Ocean Drive, Hollywood, FL 33019?
- With 20% down ($1,200,000) on the $6,000,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 505 S Ocean Drive, Hollywood, FL 33019 is about $31,533/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 505 S Ocean Drive, Hollywood, FL 33019?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 505 S Ocean Drive, Hollywood, FL 33019. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of 505 S Ocean Drive, Hollywood, FL 33019?
- Often, yes. The right offer on 505 S Ocean Drive, Hollywood, FL 33019 depends on how it's priced against comparable commercial sales in Hollywood, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Hollywood Diamond Realty
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 1, 2026.
$4,100,007
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Listed by Nicole Y D'Aiguillon, Hollywood Diamond Realty
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Recent Sales
Recently sold homes in ZIP 33019
These are the last 6 recorded closings in ZIP 33019, with the price each home actually sold for rather than what it was listed at. They closed at a median of $402 per square foot. The most recent closed on September 30, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$310,000
Sold · September 30, 2026
3001 S Ocean Drive 947
1 bed · 1 bath · 883 sqft · $351/sqft
$10,000 under the asking price
Sold$300,000
Sold · September 30, 2026
1400 S Ocean Drive 1002
2 bed · 2 bath · 1,252 sqft · $240/sqft
$25,000 under the asking price
Sold$1,270,000
Sold · September 28, 2026
3415 N Ocean Drive 505
3 bed · 2.5 bath · 3,161 sqft · $402/sqft
$329,999 under the asking price
Sold$460,000
Sold · September 22, 2026
4001 S Ocean Drive 11f
2 bed · 2 bath · 1,153 sqft · $399/sqft
$9,900 under the asking price
Sold$947,852
Sold · September 18, 2026
4111 S Ocean Drive 2302
2 bed · 2 bath · 1,145 sqft · $828/sqft
$101,148 under the asking price
Sold$355,000
Sold · September 18, 2026
3901 S Ocean Drive 3U
1 bed · 1 bath · 812 sqft · $437/sqft
See every recorded sale in ZIP 33019 or find out what your ZIP 33019 home is worth.
