Home » Hollywood » The Wave at 2501 Ocean Dr Hollywood » 2501 S Ocean Dr 838, Hollywood, FL 33019 | A11603478

2501 S Ocean Dr 838, Hollywood, FL 33019 | For Sale

$399,000
Price has decreased by $60,000

Property Highlights

Listing ID A11603478 Status of this Listing: Active For Sale Property Type Residential Condominium 1 Bedrooms 1 Bathrooms Total 1 Full Bath Living Space 745 Sqft/69.21 m2 approx. Building Area 745 Sqft/69.21 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 on Rebonus 87 Day(s)
27 Photos of this Property

2501 S Ocean Dr 838, Hollywood, FL 33019

Property Description: Amazing 1 bedroom/ 1 bathroom condo at The Wave in Hollywood Beach, with a beautiful ocean view from your balcony with direct beach access. The Wave offers 24 hrs. security, valet, concierge, and a large gym overlooking the ocean and pool area. This is resort style at its best, a heated pool with complimentary beach service with chairs and umbrella. Great opportunity for investors, as well as a vacation home minutes from the Hollywood Boardwalk. Some of the amenities are a large sunroom, billiard room, a business center, basic cable, water & sewer. Unit has extra storage bin located on the same floor. Washer and Dryer, garbage disposal in unit. Unit has porcelain title floor throughout, impact window and doors, a new air handler was installed in 2023. HOA has reserves so able to finance.

Useful Info

Previous Asking Price:$419,000
Original List Price:$459,000
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
Entry Level (floor):8
Entry Level Location:8
Construction Materials:
  • Block
Flooring:
  • Tile
Number of stories:14

Property Features

Has View:Yes
View from the Property:
  • Intercoastal
  • Ocean
Waterfront:Yes
Waterfront Features:
  • Ocean Front
  • Intracoastal Access
  • Other
Swimming Pool Features:
  • Association
Security:
  • Fire Sprinkler System
  • Door Man
  • Key Card Entry
  • Elevator Secured
Appliances:
  • Electric Water Heater
Interior Features:
  • Bedroom On Main Level
  • Elevator
Exterior Features:
  • Balcony
Patio and Porch Features:
  • Balcony
  • Open
Laundry Features:
  • Common Area
Air Conditioning:Yes
Air Conditioning System:
  • Electric
Heating:Yes
Heating System:
  • Electric

Taxes and Expenses

Tax Annual Amount:$8,095

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:$899
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects No Exemptions

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Vacant
Buyer Possession:
  • Before Closing
  • Close Of Escrow
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
  • Billiard Room
  • Bike Storage
  • Cabana
  • Laundry
  • Playground
  • Elevator(s)
  • Fitness Center
  • Beach Rights
Subdivision Name:WAVE CONDO
Association Fee Includes:
  • Maintenance Grounds
  • Water
  • Cable Tv
  • Pool(s)
  • Security
  • Maintenance Structure
  • Common Areas
  • Association Management
  • Insurance
  • Parking
Complex Name:The Wave Condo
Senior Community:No
Restrictions: Other Restrictions, OK To Lease

Parking

Garage:Yes
Garage Spaces:1
Covered Spaces:1
Parking Features:
  • One Space
  • Valet
  • Other

Utilities

Utilities Available:
  • Cable Available

More Details

Other Information:
Unit View: Intracoastal View,Ocean View
Housing Older Persons Act: Unverified
Unit Design: East Of Us1,Interior Hall,Lobby
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
Water Access Description:None

Zoning and Legal

Tax Legal Description:THE WAVE CONDO UNIT 838 PER CDO BK 37647 PG 867
Real Estate Folio Number (Parcel Number):514224AL2460
Public Survey Range:51
Public Survey Section:24
Title to the property is held by owner as:
  • Tenancy In Common

Listing History

Update/EventDate/Days
Published Date:June 11, 2024 11:12 am
On Market Date:June 8, 2024
Price Change Date Time:September 3, 2024 9:42 am
Last Important Update Description:Price Change
Date and Time of Last Important Update:September 3, 2024 9:42 am
Status Last Changed:June 11, 2024 11:12 am
Photos Last Modified:August 15, 2024 1:59 pm
Last Modified:September 3, 2024 1:42 pm
Days on the Market Reference Date:September 3, 2024
Days on the Market (updated on Last Modified*):87
Cumulative Days on the Market (updated on Last Modified**):87

Additional Information

Unit Location:East Of Us1,Interior Hall,Lobby
Number of Photos Count:27
Geographical Area:Hollywood East (3010-3050)
Area:3010
Ref ID:1076338486
Automated Valuation Display:Yes
Courtesy of:TruRes Real Estate Inc.
Universal Property Id:US-12011-N-514224AL2460-R-N

Location

Show Property Address:Yes
Street Name:Ocean Dr
Street Number:2501
Street Direction Prefix:S
Street Address:2501 S Ocean Dr 838
Unit Number:838
City : Hollywood
State : Florida
Zip Code : 33019
County : Broward County
Full Address:2501 S Ocean Dr 838, Hollywood, FL 33019
Latitude:N25° 59' 49.4''
Longitude:W81° 52' 57.6''

Neighborhood

Postal City:Hollywood

Property Map

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