2501 S Ocean Dr PH32, Hollywood, FL 33019 — MLS photo

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2501 S Ocean Dr PH32, Hollywood, FL 33019

Active · Condominium

$310,000

2501 S Ocean Dr PH32, Hollywood, FL 33019

Beds
0
Baths
1
Living area
486 sq ft
$ / sq ft
$638/sq ft
Year built
1968
Lot size
—
HOA fee
$695
Annual tax
—

About this property

Stunning Turn-Key Penthouse studio with Intracoastal and City Views at The Wave on Hollywood Beach! This fully furnished and equipped penthouse offers breathtaking views of the Intracoastal and city skyline at The Wave on Hollywood Beach. Move-in ready, this turn-key studio is located in a resort-style building with world-class amenities, including a heated pool, Jacuzzi, relaxation area, spacious gym with ocean views, aerobic room, club room, beach service, and 24-hour concierge and valet service. Conveniently located just steps from the boardwalk and Hollywood Beach’s main attractions, this condo also offers flexible rental options, allowing a minimum 90-day rental up to four times a year.

Property location

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2501 S Ocean Dr PH32, Hollywood, FL 33019

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Facts & features

Interior

Bedrooms
0
Bathrooms
1
Living area
486 sq ft

Exterior & Structure

Property type
Condominium
Year built
1968

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$695
County
Broward
MLS listing ID
A11707468
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,282

Cap rate
0.7%
Net yield
0.7%
Cash-on-cash return
-17.7%
Gross yield
6.7%
Mortgage payment
$1,470/mo
Down payment
$77,500
Loan amount
$232,500
Annual NOI
$2,252

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.