2501 S Ocean Dr 427, Hollywood, FL 33019 — MLS photo

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2501 S Ocean Dr 427, Hollywood, FL 33019

Active · Condominium

$226,000

2501 S Ocean Dr 427, Hollywood, FL 33019

Beds
0
Baths
1
Living area
590 sq ft
$ / sq ft
$383/sq ft
Year built
1968
Lot size
—
HOA fee
$785 Monthly
Annual tax
$5,336

About this property

Just reduced to sell !! Best price in the building ! Investor-friendly studio in a prime Hollywood Beach location! Fully furnished, with direct beach access, a resort-style pool, and a fully equipped gym—offering the perfect blend of comfort and convenience. The building features 24/7 doorman security for a safe and welcoming environment. Ideal for investors or those looking for a vacation getaway. Flexible 3-12 month leases make it easy to rent. The unit includes a walk-in closet, extra storage, and an in-unit washer/dryer combo. Maintenance covers all amenities, cable TV, WiFi, and one parking space. Fully certified for 50 years, with no current special assessments. Don’t miss this opportunity!

Property location

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2501 S Ocean Dr 427, Hollywood, FL 33019

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Facts & features

Interior

Bedrooms
0
Bathrooms
1
Living area
590 sq ft
Flooring
Ceramic Tile
Appliances
Electric Range, Microwave, Refrigerator, Washer
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level, First Floor Entry

Exterior & Structure

Property type
Condominium
Year built
1968
Stories
17
Architectural style
High Rise
Construction
Block
Exterior features
Security High Impact Doors
Pool
Heated
Waterfront
Ocean Front
View
Other

Parking

Garage spaces
1
Covered spaces
1
Parking features
One Space, Valet

HOA, Community & Financials

Association fee
$785 Monthly
Fee inclusions
Common Areas, Cable Tv, Hot Water, Internet, Maintenance Grounds, Parking, Sewer, Trash, Water
Amenities
Billiard Room, Bike Storage, Business Center, Clubhouse, Fitness Center, Pool, Spa Hot Tub, Storage
Security
Complex Fenced, Door Man, Secured Garage Parking
Pets allowed
Dogs Ok, Yes
Annual tax
$5,336
Subdivision
WAVE CONDO
County
Broward
Days on market
413
MLS listing ID
A11835924
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

-$917

Cap rate
0.8%
Net yield
0.8%
Cash-on-cash return
-17.4%
Gross yield
8.9%
Mortgage payment
$1,071/mo
Down payment
$56,500
Loan amount
$169,500
Annual NOI
$1,849

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