Interior
- Bedrooms
- 1
- Bathrooms
- 2
- Living area
- 835 sq ft
Active · Condominium
$466,500
2501 S Ocean Dr 1617, Hollywood, FL 33019
- Beds
- 1
- Baths
- 2
- Living area
- 835 sq ft
- $ / sq ft
- $559/sq ft
- Year built
- 2004
- Lot size
- —
- HOA fee
- $1,146
- Annual tax
- —
About this property
BEACHFRONT LIVING AT THE WAVE! AMAZING OCEAN VIEWS FROM THIS 16TH FLOOR LOWER PENTHOUSE - 1BED/1.5BATH CONDO WITH LARGE BALCONY; LARGEST 1 BD MODEL IN THE BUILDING; NEW RIGID CORE WATERPROOF VINYL FLOORING & FRESHLY PAINTED THROUGHOUT; WASHER/DRYER COMBO IN UNIT; VERY DESIRABLE BUILDING WITH RESORT-STYLE AMENITIES: STATE OF THE ART FITNESS CENTER & AEROBICS STUDIO; ENTERTAINMENT ROOM WITH POOL TABLES, BUSINESS CENTER, MINI-MARKET, 24 HOUR SECURITY & CONCIERGE; PRIVATE BEACH ACCESS; NEW POOL AREA & HOT TUB WITH WATERFALL; NEW OCEANFRONT RESTAURANT ON THE POOL DECK; BEAUTY SPA; HOA FEE INCLUDES: A/C, CABLE TV, WIFI, WATER, VALET PARKING FOR 1 CAR, COMPLEMENTARY BEACH SERVICE. CLOSE TO SHOPPING CENTERS, GULF STREAM CASINO, HOLLYWOOD BOARDWALK, AVENTURA MALL, FORT LAUDERDALE AIRPORT, NEW PUBLIX SUPERMARKET & MORE. EXCELLENT INVESTMENT - OK TO LEASE RIGHT AWAY (UP TO 4 TIMES PER YEAR - 90 DAY MINIMUM) OR USE AS PRIMARY/VACATION HOME
Property location
Get Directions2501 S Ocean Dr 1617, Hollywood, FL 33019
Loading property location…
Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 2004
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $1,146
- County
- Broward
- MLS listing ID
- A11961383
- 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
-$1,861
- Cap rate
- 0.9%
- Net yield
- 0.9%
- Cash-on-cash return
- -17.1%
- Gross yield
- 7.2%
- Mortgage payment
- $2,211/mo
- Down payment
- $116,625
- Loan amount
- $349,875
- Annual NOI
- $4,207
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.