Home » Hollywood » The Wave at 2501 Ocean Dr Hollywood » 2501 S Ocean Dr L14, Hollywood, FL 33019 | A11583586

2501 S Ocean Dr L14, Hollywood, FL 33019 | Sold

$375,000
closed for a price of $350,000

Property Highlights

Listing ID A11583586 Status of this Listing: Closed Sold Property Type Residential Condominium 1 Bathrooms Total 1 Full Bath Living Space 530 Sqft/49.24 m2 approx. Building Area 530 Sqft/49.24 m2 approx. Year Built 1968 REO (Real Estate Owned): This property is currently owned by a bank or lender. 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 72 Days
16 Photos of this Property

2501 S Ocean Dr L14, Hollywood, FL 33019

Property Description: Rarely available Lanai studio with beautiful ocean views & direct beach access. Spacious extra large balcony- Walk barefoot to the beach, pool & hot tub from your private deck. Lots of potential. Living on the pool deck lanai is like being in paradise. Doesn 't get better than this. Fantastic amenities: Newly remodeled Resort style pool deck with palm trees, fountains, Jacuzzi, snack bar, GYM, beach & pool services. Comes with valet parking. Washer & dryer in the unit. Easily rents out if your only using the unit seasonally.

Useful Info

Contingency:3rd Party Approval
Previous Asking Price:$395,000
Original List Price:$395,000
Close Price:$350,000
More Listings Same Building:The Wave at 2501 Ocean Dr Hollywood

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Condo-Conversion
Architectural Style:
  • High Rise
Entry Level (floor):1
Entry Level Location:1
Construction Materials:
  • Block
  • Brick
Flooring:
  • Carpet
  • Ceramic Tile
Number of stories:17
Possible Use:
  • Investment

Property Features

Has View:Yes
View from the Property:
  • Ocean
Waterfront:Yes
Waterfront Features:
  • Ocean Front
Security:
  • Door Man
  • Elevator Secured
  • Lobby Secured
  • Secured Garage/parking
Appliances:
  • Dishwasher
  • Disposal
Interior Features:
  • First Floor Entry
  • Bedroom On Main Level
Exterior Features:
  • Fence
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating System:
  • None
  • Heat Pump

Taxes and Expenses

Tax Annual Amount:$5,632

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:$588
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects No Exemptions

Terms

Disclosures:
  • Owner Is Listing Agent
Listing Terms Considered by Seller:
  • Cash
Occupant Type:
  • Vacant
Buyer Possession:
  • Close Of Escrow
Buyer Financing:
  • Conventional
Lease Considered:No

Community

Pets Allowed?:
  • Size Limit (There are size restrictions on allowed pets)
  • Yes
Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Spa/hot Tub
  • Bike Storage
  • Trash
  • Storage
  • Elevator(s)
  • Fitness Center
Subdivision Name:WAVE CONDO
Association Fee Includes:
  • Maintenance Grounds
  • Water
  • Trash
  • Cable Tv
  • Pest Control
  • Security
  • Parking
  • Reserve Fund
  • Internet
Complex Name:The Wave
Senior Community:No

Parking

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

More Details

Other Information:
Unit View: Ocean View
Housing Older Persons Act: No HOPA
Unit Design: 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
Buy State: Florida
Buyer Country of Residence: USA
Water Access Description:Deeded Beach Access

Zoning and Legal

Tax Legal Description:THE WAVE CONDO UNIT L-14 PER CDO BK 37647 PG 867
Real Estate Folio Number (Parcel Number):514224AL0130
Public Survey Range:51
Public Survey Section:24

Listing History

Update/EventDate/Days
Published Date:May 8, 2024 11:02 am
On Market Date:May 8, 2024
Close Date:July 19, 2024
Price Change Date Time:May 26, 2024 4:25 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:July 23, 2024 2:46 pm
Status Last Changed:July 23, 2024 2:46 pm
Photos Last Modified:May 8, 2024 3:41 pm
Last Modified:July 23, 2024 6:47 pm
Days on the Market Reference Date:July 23, 2024
Days on the Market (updated on Last Modified*):42
Cumulative Days on the Market (updated on Last Modified**):42

Additional Information

Unit Location:High Rise
Number of Photos Count:16
Geographical Area:Hollywood East (3010-3050)
Area:3010
Ref ID:1074967447
Automated Valuation Display:Yes
Courtesy of:United Realty Group Inc
Universal Property Id:US-12011-N-514224AL0130-R-N

Location

Show Property Address:Yes
Street Name:Ocean Dr
Street Number:2501
Street Direction Prefix:S
Street Address:2501 S Ocean Dr L14
Unit Number:L14
City : Hollywood
State : Florida
Zip Code : 33019
County : Broward County
Full Address:2501 S Ocean Dr L14, Hollywood, FL 33019
Latitude:N25° 59' 49.4''
Longitude:W81° 52' 57.6''

Neighborhood

Postal City:Hollywood

Property Map

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