Home » Hollywood » The Wave at 2501 Ocean Dr Hollywood » 2501 S Ocean Dr 1032, Hollywood, FL 33019 | A11721857

For Sale 2501 S Ocean Dr 1032, Hollywood, FL 33019

$285,000
Price has decreased by $25,000

Property Highlights

Listing ID A11721857 Status of this Listing: Active For Sale Property Type Residential Condominium 1 Bathrooms Total 1 Full Bath Living Space 486 Sqft/45.15 m2 approx. Building Area 486 Sqft/45.15 m2 approx. COMMUNITY POOL Year Built 1968 Waterfront Time of this property on Rebonus 8 Day(s)

2501 S Ocean Dr 1032, Hollywood, FL 33019

Property Description: Investor-friendly studio with prime beachside location on Hollywood Beach, this fully furnished unit offers beach access, a resort-like pool, and a fully equipped gym, providing the ultimate in comfort and convenience. The building also boasts a 24/7 doorman, ensuring security and a welcoming environment. This studio is perfect for investors or those seeking a vacation escape. With seasonal rentability starting at $2k/month and higher rates in peak seasons, it’s an exceptional income opportunity. Short-term rentals (3 months minimum) and annual leases allowed, making it incredibly easy to rent. The unit features a walk-in closet, extra storage, and an in-unit washer/dryer combo. Maintenance covers all amenities, cable TV, WiFi, and 1-car parking, ensuring hassle-free ownership.

Useful Info

Previous Asking Price:$310,000
Original List Price:$310,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is
  • Corporate Listing (Corporate Owned Property)
More Listings Same Building:The Wave at 2501 Ocean Dr Hollywood

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Effective Year Built
Architectural
Style:
  • High Rise
Entry Level (floor):10
Entry Level Location:10
Construction Materials:
  • Block
Flooring:
  • Tile
Number of stories:17
Stories:0

Property Features

View from the Property:
  • Intercoastal
Waterfront:Yes
Waterfront Features:
  • Ocean Front
Swimming Pool Features:
  • Heated
  • Association
Security:
  • Smoke Detector(s)
  • Lobby Secured
Furnished:
  • Furnished
Appliances:
  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator
  • Washer
  • Electric Range
  • Self Cleaning Oven
Interior Features:
  • Breakfast Bar
  • Living/dining Room
  • Walk-in Closet(s)
  • Bar
  • Tub Shower
Window Features:
  • Blinds
  • Impact Glass
Laundry Features:
  • Common Area
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central
Property Entrance Faces:
  • West

Taxes and Expenses

Tax Annual Amount:$4,722

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:2024
Association Fee:$629
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects No Exemptions

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Tenant
Buyer Possession:
  • Closing & Funding
  • Close Of Escrow
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Dogs Ok
Amenities Provided by the Homeowner's Association (HOA):
  • Business Center
  • Hobby Room
  • Pool
  • Spa/hot Tub
  • Bike Storage
  • Trash
  • Clubhouse
  • Laundry
  • Storage
  • Elevator(s)
  • Fitness Center
Subdivision Name:WAVE CONDO
Association Fee Includes:
  • Maintenance Grounds
  • Roof
  • Sewer
  • Water
  • Trash
  • Cable Tv
  • Pool(s)
  • Security
  • Maintenance Structure
  • Common Areas
  • Association Management
  • Parking
  • Reserve Fund
  • Internet
  • Hot Water
  • Amenities
  • Laundry
Complex Name:THE WAVE CONDO
Senior Community:No
Development Name:THE WAVE CONDO
Restrictions:Corporate Buyer Ok, Limited Number of Vehicles,No RV (recreational vehicle), No Truck,Okay To Lease 1st Year,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 ViewIntracoastal View
Pet Fee DescriptionNon refundable
Housing Older Persons ActNo HOPA
Unit DesignHigh Rise
Type of AssociationCondo
Minimum Number of Days for Lease90
Type of Governing BodiesCondominium
Pet Fee150
Tax InformationTax Reflects No Exemptions
Number of times allowed to lease per year4
Flood ZoneAE,VE,X
Homeowner's Association Application Fee150
StyleCondo 5+ Stories
Number of Ceiling Fans0
FEMA Flood Zone DesignationsAE,VE,X
Ref1102605895
Subdivision Number0
Water Access Description:Unrestricted Salt Water Access

Zoning and Legal

Tax Legal Description:THE WAVE CONDO UNIT 1032 PER CDO BK 37647 PG 867
Real Estate Folio Number (Parcel Number):514224AL3160
Public Survey Range:51
Public Survey Section:24

Listing History

Update/EventDate/Days
Published Date:January 10, 2025 10:58 am
On Market Date:January 10, 2025
Price Change Date Time:January 15, 2025 10:08 am
Last Important Update Description:Price Change
Date and Time of Last Important Update:January 15, 2025 10:08 am
Status Last Changed:January 10, 2025 10:58 am
Photos Last Modified:January 12, 2025 4:02 pm
Last Modified:January 18, 2025 2:43 am
Days on the Market Reference Date:January 18, 2025
Days on the Market (updated on Last Modified*):7
Cumulative Days on the Market (updated on Last Modified**):7

Additional Information

Unit Location:High Rise
Number of Photos:12
Location:,,
Included:,,
Geographical Area:Hollywood East (3010-3050)
Area:3010
Automated Valuation Display:Yes
Courtesy of:SOFLO International Realty Corp
Universal Property Id:US-12011-N-514224AL3160-R-N

Location

Show Property Address:Yes
Street Name:Ocean Dr
Street Number:2501
Street Direction Prefix:S
Street Address:2501 S Ocean Dr 1032
Unit Number:1032
City : Hollywood
State : Florida
Zip Code : 33019
County : Broward
Full Address:2501 S Ocean Dr 1032, Hollywood, FL 33019
Latitude:N25° 59' 49.4''
Longitude:W81° 52' 57.6''

Neighborhood

Postal City:Hollywood

Property Map

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