3901 S Ocean Drive PH16R, Hollywood, FL 33019

1 bed · 1 bath · 812 sqft · Built 1969

Seller Motivated. Exceptional Turnkey Beachfront Penthouse | High-Income Investment OpportunityPositioned in one of Hollywood Beach's most sought-after oceanfront locations, this fully furnished top-floor penthouse presents a rare opportunity for investors seeking immediate cash flow and long-term appreciation.Currently operating as a successful short-term rental, this turnkey residence is ready to generate income from day one. Short-term rentals are permitted, making it an ideal asset for both domestic and international buyers looking to diversify their real estate portfolio or secure a luxury vacation home with proven income potential.The penthouse features abundant natural light, a functional open layout, and the privacy of a top-floor residence—qualities that consistently appeal to vacation renters. Residents and guests enjoy resort-style amenities including beach service, valet parking, and an on-site convenience store, enhancing the overall guest experience and rental performance.Investment Highlights• Turnkey, fully furnished residence• Immediate income-producing asset• Short-term rentals allowed• Prime beachfront location in Hollywood Beach• Strong demand from vacation travelers• Excellent opportunity for personal use and investment

Property type

Condominium

Condition

Resale

Year built

1969

Stories

16

Subdivision

TIDES ON HOLLYWOOD BEACH

Waterfront

Yes

Waterfront features

Bayfront,NoFixedBridges,OceanAccess,OceanFront

Private pool

Yes

HOA (monthly)

$933

Parcel number

514226HF3530

Annual tax

$8,369

Hollywood spans Hollywood Beach's boardwalk to the Intracoastal east of US-1. East Hollywood holds historic cottages near the water; west sits closer to Pembroke Pines value.