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3505 S Ocean Drive, Hollywood, FL 33019

New Listing

$1,950,000

Property Type: Business Opportunity Square Footage: 1,300 Status: Active

Current Price: $1,950,000 List Date: 9/17/2026 Last Modified: 9/17/2026

Overview

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 ... (Read more)

Listing Details MLS# A11978729

General Property Information

Building Area Main: 1300
Occupied Area: 2000
Year Built: 1964

Property Features

Business Type: Arts and Entertainment; Restaurant Lease Term Remaining: No Lease Terms Remaining Sale Includes: Building; Business; Land Special Licenses: Beer/Wine Source Of Expenses: Owner Provided

Contract Information

Comp Sale YN: No
Original List Price: 2000000

Location and Legal

Country: United States
County Or Parish: Broward
County Parish Name: Broward
Street Number: 3505
Street Direction Prefix: S
Street Name: Ocean
Street Suffix: Drive
City Name: Hollywood
State Or Province: FL
Postal Code: 33019
Postal Code +4: 2831
Area: 3010
Geographic Area: HWEA - Hollywood East (3010-3050)
Parcel Number: 514224BL0070
Zoning: RM-25
Flood Zone: AE,AO,VE

Financial Information

Tax Annual Amount: 8746
Tax Year: 2025
Tax Legal Description: THE ALEXANDER TOWERS COMM CONDO UNIT C.U.5 PER AMCDO BK/PG: 22502/765

Status Change Information

Major Change Timestamp: 2026-09-17T05:27:17Z
Major Change Type: Back on Market
Price Change Timestamp: 2026-04-22T00:20:35Z
Status Change Date: 2026-09-17

More Information

Building and Property Details

% Air Conditioned: 2

Business Details

Year Established: 2023
Years Current Owner: 3

Price Calculations

Current Price To SqFt: 1500

Section Details

Parcel Number MLX: 0070

Originating Details

Originating System Key: 438681481
Originating System ID: M00000151

Currently Not Used

Year Built: 1964

Listing Office: Atlantic Grand Realty, LLC

Last Updated: September - 17 - 2026

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3505 S Ocean Drive, Hollywood, FL 33019 (MLS# A11978729)