Home » Hollywood » The Wave at 2501 Ocean Dr Hollywood » 2501 S Ocean Dr 1121, Hollywood, FL 33019 | A11574748

2501 S Ocean Dr 1121, Hollywood, FL 33019 | Sold

$510,000
closed for a price of $495,000

Property Highlights

Listing ID A11574748 Status of this Listing: Closed Sold Property Type Residential Condominium 1 Bedrooms 2 Bathrooms Total 1 Full Bath 1 Half Bath Living Space 835 Sqft/77.57 m2 approx. Building Area 835 Sqft/77.57 m2 approx. COMMUNITY POOL Year Built 1968 Waterfront Has view of the Ocean Lease Term Minimum Duration: 90 What it means?Refers to a regulation set by the property association, stipulating that each rental agreement for the property must be for a duration of at least 90 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Time of this property from published date until Closing Date 92 Days
16 Photos of this Property

2501 S Ocean Dr 1121, Hollywood, FL 33019

Property Description: Reduced!!! Spectacular 1 bedroom 1.5 bath DIRECT OCEANFRONT unit. Impact windows and sliding doors open up to a beautiful breeze and view of blue ocean water. Washer/dryer combo in unit. 3 month rentals are permitted! Luxury beachfront building with full -time onsite security. Amenities include swimming pool, jacuzzi/hot tub, gym, oceanfront restaurant, billiard room, concierge, valet, Pilates studio, supermarket and complimentary beach service. Walk to Hollywood Beach Broadwalk, restaurants and shopping. Fort Lauderdale Airport and Gulfstream Racetrack Casino just minutes away.

Useful Info

Contingency:Association Approval
Previous Asking Price:$520,000
Original List Price:$520,000
Close Price:$495,000
More Listings Same Building:The Wave at 2501 Ocean Dr Hollywood

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Architectural Style:
  • High Rise
Entry Level (floor):11
Entry Level Location:11
Construction Materials:
  • Block
Flooring:
  • Tile
Number of stories:17

Property Features

Has View:Yes
View from the Property:
  • Pool
  • Ocean
  • Water
Waterfront:Yes
Waterfront Features:
  • Ocean Front
Swimming Pool Features:
  • Heated
  • Association
Security:
  • Smoke Detector(s)
  • Door Man
  • Lobby Secured
Appliances:
  • Dishwasher
  • Microwave
  • Refrigerator
  • Electric Range
Interior Features:
  • Walk-in Closet(s)
  • Bedroom On Main Level
Exterior Features:
  • Security/high Impact Doors
  • Balcony
Patio and Porch Features:
  • Balcony
  • Open
Window Features:
  • Impact Glass
Laundry Features:
  • Common Area
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$8,847

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023
Association Fee:$950
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects No Exemptions

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Vacant
Buyer Possession:
  • Other
  • Immediately
Buyer Financing:
  • Cash
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Spa/hot Tub
  • Billiard Room
  • Bike Storage
  • Trash
  • Laundry
  • Barbecue
  • Elevator(s)
  • Fitness Center
  • Picnic Area
Subdivision Name:WAVE CONDO
Association Fee Includes:
  • Maintenance Grounds
  • Sewer
  • Water
  • Trash
  • Cable Tv
  • Pool(s)
  • Security
  • Maintenance Structure
  • Common Areas
  • Insurance
  • Internet
  • Hot Water
  • Amenities
  • Laundry
Complex Name:Wave
Senior Community:No
Restrictions: Okay to Lease within 1st Year of Ownership, OK To Lease

Parking

Garage Spaces:0
Covered Spaces:0
Parking Features:
  • One Space
  • Valet

Utilities

Utilities Available:
  • Cable Available

More Details

Other Information:
Unit View: Direct Ocean,Pool Area View,Water View
Housing Older Persons Act: No HOPA
Unit Design: East Of Us1,High Rise
Type of Association: Condo
Minimum Number of Days for Lease: 90
Type of Governing Bodies: Condominium
Pet Fee: 0
Tax Information: Tax Reflects No Exemptions
Number of times allowed to lease per year: 4
Flood Zone : AE,VE
Homeowner's Association Application Fee: 150
Style: Condo 5+ Stories
FEMA Flood Zone Designations: AE,VE
Buyer Country of Residence: Unknown/Withheld
Water Access Description:None

Zoning and Legal

Tax Legal Description:THE WAVE CONDO UNIT 1121 PER CDO BK 37647 PG 867
Real Estate Folio Number (Parcel Number):514224AL3430
Public Survey Range:51
Public Survey Section:24

Listing History

Update/EventDate/Days
Published Date:April 23, 2024 4:52 pm
On Market Date:April 23, 2024
Close Date:July 24, 2024
Price Change Date Time:May 18, 2024 12:17 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:August 1, 2024 4:26 pm
Status Last Changed:August 1, 2024 4:26 pm
Photos Last Modified:May 21, 2024 3:10 pm
Last Modified:August 1, 2024 8:27 pm
Days on the Market Reference Date:August 1, 2024
Days on the Market (updated on Last Modified*):31
Cumulative Days on the Market (updated on Last Modified**):31

Additional Information

Unit Location:East Of Us1,High Rise
Number of Photos Count:16
Geographical Area:Hollywood East (3010-3050)
Area:3010
Ref ID:1071359188
Automated Valuation Display:Yes
Courtesy of:Coldwell Banker Realty
Universal Property Id:US-12011-N-514224AL3430-R-N

Location

Show Property Address:Yes
Street Name:Ocean Dr
Street Number:2501
Street Direction Prefix:S
Street Address:2501 S Ocean Dr 1121
Unit Number:1121
City : Hollywood
State : Florida
Zip Code : 33019
County : Broward County
Full Address:2501 S Ocean Dr 1121, Hollywood, FL 33019
Latitude:N25° 59' 49.4''
Longitude:W81° 52' 57.6''

Neighborhood

Postal City:Hollywood

Property Map

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