Home/Search/3505 S Ocean Dr, Hollywood FL 33019
3505 S Ocean Dr, Hollywood FL 330191 / 61
For Sale
Restaurant/Entertainment

$1,950,000

3505 S Ocean Dr, Hollywood FL 33019

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About This Property

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.

Property Details

MLS #:A11978729
Price:$1,950,000
Original Price:$2,000,000
Status:For Sale
Days on Market:59
Date Listed:Mar 8, 2026
Year Built:1964
Property Type:Business Opportunity
Property Sub Type:Restaurant/Entertainment

Virtual Tour:Available

Structure Type:Restaurant

Zoning:RM-25

Annual Tax Amount:$8,746
Tax Year:2025
Parcel Number:514224BL0070
Legal Description:THE ALEXANDER TOWERS COMM CONDO UNIT C.U.5 PER AMCDO BK/PG: 22502/765

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$1,950,000
$8,746
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Estimated Monthly Payment

$12,214/mo

Principal & Interest$9,860
Property Tax$729
Insurance$1,625
Loan Amount$1,560,000
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Listing courtesy of Atlantic Grand Realty, LLC. Data last updated September 17, 2026 at 04:27 AM.