7
Map
0 N Ocean Drive N
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 12, 2026 | Listed by Hollywood Beach Realty Inc | $1,500,000 | |
| Listed by Hollywood Beach Realty Inc | |||
| Jan 21, 2026 | In contract | - | |
| In contract | |||
| Jan 20, 2026 | Sold | ||
| Sold | |||
| Oct 27, 2025 | Price Increased |
$2,000,000
↑ $1M
(263.6%) | |
| Price Increased | |||
| Mar 12, 2025 | Listed | $550,000 | |
| Listed | |||
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ATTENTION INVESTORS! A rare opportunity to own the last island-style cove along Florida’s coast near Hollywood Beach Ocean, just north of Sheridan St. and half a block from Ocean Drive.This untouched parcel offers endless possibilities—build a single-family home, a townhome, apply for a variance for alternative use, or secure it as a valuable long-term investment.Development will require a full build-out from the ground up, including plans for structures, roads, plats, and utility connections. While the process may be extensive, the chance to create something extraordinary is truly invaluable.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017