2501 South Ocean Drive, Unit 705

Hollywood, FL 33019

$360,000
Price
Studio
Beds
1
Bath
482 Sq. Ft.
$747 / Sq. Ft.
482
Sq. Ft.
$747
per Sq. Ft.

Description

Great opportunity to own a Beachfront Studio offering breathtaking ocean views. Step onto the spacious balcony and immerse yourself in the stunning vistas. Hurricane-proof windows, ensuring both safety and peace of mind. Walk-in closets providing ample storage space, this condo combines functionality with luxury. Experience the The Wave, renowned as one of the finest luxury buildings on the beach. Resort-style pool deck featuring palm trees, fountains, Jacuzzi, and gym overlooking the ocean. Complimentary...Great opportunity to own a Beachfront Studio offering breathtaking ocean views. Step onto the spacious balcony and immerse yourself in the stunning vistas. Hurricane-proof windows, ensuring both safety and peace of mind. Walk-in closets providing ample storage space, this condo combines functionality with luxury. Experience the The Wave, renowned as one of the finest luxury buildings on the beach. Resort-style pool deck featuring palm trees, fountains, Jacuzzi, and gym overlooking the ocean. Complimentary beach services. Pet friendly building. This condo an ideal opportunity for investors or those seeking a vacation home. Rent 4 times per year minimum 90 days! Walking distance to Hollywood Boardwalk! And only 15 minutes drive to FLL.
  1. Listed by Svetlana Perez • LP Global Realty, LLC
  2. Listed by Ricardo Perez • LP Global Realty, LLC

Property Details for 2501 South Ocean Drive, Unit 705

Subdivision
WAVE CONDO
Complex Name
555
Style
Condo 5+ Stories
Waterfront
Yes
Waterfront Description
Ocean Front
View
Ocean View, Other View
Unit View
Ocean View, Other View
Area
3010

Location

Listing Courtesy of LP Global Realty, LLC
Add your commute
LISTING UPDATED: 04/25/2024 02:00 AM

Property Details for 2501 South Ocean Drive, Unit 705

StatusActive
MLS #A11575620
Days on Market11
Taxes$5,499 / year
HOA Fees$586 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCondo/Co-Op/Villa/Townhouse / Condo
Year Built1968
CountyBroward County

Building

WAVE

17 StoriesBuilt in 1968

Location

Listing Courtesy of LP Global Realty, LLC
Add your commute

Building Information for 2501 South Ocean Drive, Unit 705

Building/ComplexWAVEFloor7Stories17Residences-Pet Policy-Year Built1968

Payment Calculator

$3,009 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,965

Property Taxes

$458

HOA Dues

$586

The Payment Calculator is for illustrative purposes only.

Property Information for 2501 South Ocean Drive, Unit 705

Location Information
Location Information
  • Parcel Number Free Text: 514224AL1760
  • Parcel Number MLX: 1760
  • MLS Area: 3010
  • Township Range: 51
  • Section: 24
  • Subdivision Number: 0
  • Subdivision Complex Bldg: 555
  • Unit Floor Location: 7
  • Total Floors In Building: 17
General Information
Parking
  • Num Garage Spaces: 0
  • Num Carport Spaces: 0
  • Carport Spaces: 0
  • Parking Description: 1 Space, Valet Parking
General Information
  • Housing Older Persons Act: No HOPA
  • Property Detached: No
  • Minimum Num of Days for Lease: 90
  • Num Times Leased Year: 4
  • Type of Governing Bodies: Condominium
  • Unit Design: High Rise
  • Water Access: None
  • Construction: Concrete Block Construction
  • Construction Type: Concrete Block Construction
  • Flooring: Ceramic Floor
  • Floor Description: Ceramic Floor
  • Security Information: Complex Fenced, Elevator Secure, Garage Secured, Lobby Secured, Private Guards, TV Camera
Room Information
Room Information
  • Bedroom Description: Entry Level
Additional Property Information
Utilities
  • Heating Description: No Heat
  • Cooling Description: Central Cooling
  • Cable Available: Yes
Additional Property Information
  • Pets Allowed: Yes
  • Pets Allowed: Yes
  • Pet Restrictions: More Than 20 Lbs
  • Guest Accommodations: No
  • Room Count: 0
  • Interior Features: First Floor Entry
  • Equipment Appliances: Dishwasher, Microwave, Refrigerator
  • Exterior Features: Fence, High Impact Doors, Open Balcony
  • Maintenance Includes: All Amenities, Building Exterior, Cable Tv, Common Area, Hot Water, Internet/WiFi, Parking, Pest Control Interior, Pool Service, Security, Trash Removal, Water
  • Amenities: Bike Storage, Billiard Room, Clubhouse-Clubroom, Elevator, Exercise Room, Extra Storage, Pool, Spa/Hot Tub
Financial Information
Financial Information
  • Type of Association: Condo
  • Assoc Fee Paid Per: Monthly
  • Flood Zone: AE,VE
  • Tax Year: 2023
  • Tax Information: Tax Reflects City & County Tax
Rental Information
Rent Information
  • Approval Information: 1-2 Weeks Approval
Rent Status
  • Other Fees: $150

Property History for 2501 South Ocean Drive, Unit 705

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2501 South Ocean Drive, Unit 705

Taxable ValueLand$25,500Additions$229,480Total$254,980
Tax Record2023$5,499 ($458 / month)
Home Facts
Beds1Total Finished SqFt482 SqFtAbove Grade Finished SqFt482 SqFtStyleCondominiumYear Built1968Year Renovated2005ZoningRM-25CountyBROWARDAPN51-42-24-AL-1760

Schools near 2501 South Ocean Drive, Unit 705

This home is within Broward.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Hollywood Central Elementary School
PublicPK to 5

Olsen Middle School
Public6 to 8

Hallandale High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2501 South Ocean Drive, Unit 705 is a condo for sale in Hollywood, FL 33019. This property was listed for sale on April 24, 2024 by LP Global Realty, LLC, it's currently listed at $360,000. It has been on the market for a total of 11 days and was last sold on January 10, 2018. This listing's school district is Broward. Nearby schools include Hollywood Central Elementary School, Olsen Middle School and Hallandale High School. 2501 South Ocean Drive, Unit 705 is a 0-bed, 1-bath, 482 sqft condo built in 1968.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of LP Global Realty, LLC

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.