Property 3505 S Ocean Drive, Hollywood, FL 33019 for sale with MLS# A11978729

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.

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Days on the market

3505 S Ocean Drive, Hollywood, FL 33019

Price
Price:
$1,950,000.00
Original List Price:
$2,000,000.00
List Price per Sq Ft (Calculated, Approx.):
$1,500.00
Business Info
Year Established:
2023
Years Current Owner:
3
Special Licenses:
Beer/wine
Property Status and Type
Listing Type:
For Sale
Status:
Active
Business Type:
Restaurant, Arts And Entertainment
Listing Category:
Business Opportunity
Description of Last Important Update:
Back On Market
Last Major Update on:
September 17, 2026 5:27 am
Measures
Built-Up Area:
1,300 Sqft
Property Features
Waterfront:
No
Construction
Year Built:
1964
Flood Zone Code:
AE,AO,VE
Taxes and Expenses
Tax Annual Amount:
$8,746.00
Tax Year:
2025
Community
Senior Community:
No
Zoning and Legal
Tax Legal Description:
THE ALEXANDER TOWERS COMM CONDO UNIT C.U.5 PER AMCDO BK/PG: 22502/765
Real Estate Folio Number (Parcel Number):
514224BL0070
Zoning:
RM-25
Listing History
Active on the market since:
September 17, 2026
Listing Agreement executed on:
March 8, 2026
Price change occurred on:
April 22, 2026 12:20 am
Listing Status Last Changed On:
September 17, 2026 5:27 am
Photos updated on:
September 17, 2026 4:29 am
Last Modified:
October 31, 2026 1:20 pm
Additional Information
Courtesy of:
Atlantic Grand Realty, LLC
Attribution:
Not provided
Location
Street Name:
Ocean
Street Number:
3505
City:
Hollywood
State:
Florida
Zip Code:
33019
County:
Broward
Latitude:
N25° 59' 35.6''
Longitude:
W81° 52' 56.4''
Street Suffix:
Drive
Street Direction Prefix:
S
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $94,824
Median Home Value $631,800
Median Rent $1,983/mo
Median Age 54
Population 13,168
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Association of REALTORS®
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