2501 S Ocean Dr 536, Hollywood, FL 33019 — MLS photo

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2501 S Ocean Dr 536, Hollywood, FL 33019

Active · Condominium

$686,900

2501 S Ocean Dr 536, Hollywood, FL 33019

Beds
2
Baths
2
Living area
1,198 sq ft
$ / sq ft
$573/sq ft
Year built
1968
Lot size
—
HOA fee
$1,606 Monthly
Annual tax
$10,400

About this property

Immerse yourself in luxury whit this stunning, fully renovated 2 bedroom 2 bathrooms, completed in 2023, boasting breathtaking ocean views. Step into the expansive wraparound balcony and soak in the serene coastal scenery. Hurricane impact windows ensure safety and tranquility. Stylish open concept kitchen, high-end appliances, perfect for entertaining or a quiet meal whit the ocean as your backdrop. Walk-in closets. The wave, one of the most sought-after buildings on the beach , features a resort styles pool deck whit lush palms, tranquil fountains, a jacuzzi, and gym overlooking the ocean. Enjoy complimentary beach service. A fantastic opportunity for investors or those seeking the ultimate vacation retreat, whit rental flexibility up to four times per year. Pet~friendly

Property location

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2501 S Ocean Dr 536, Hollywood, FL 33019

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,198 sq ft
Flooring
Laminate
Appliances
Dryer, Dishwasher, Disposal
Cooling
Central Air
Heating
Central
Interior features
Built In Features, Bedroom On Main Level, Living Dining Room, Shower Only

Exterior & Structure

Property type
Condominium
Year built
1968
Stories
17
Architectural style
High Rise
Construction
CBSConcrete Block Structure, Block
Exterior features
Security High Impact Doors
Waterfront
Ocean Access
View
Intercoastal

Parking

Garage spaces
2
Covered spaces
2
Parking features
Two Or More Spaces, Valet

HOA, Community & Financials

Association fee
$1,606 Monthly
Fee inclusions
Common Areas, Cable Tv
Amenities
Bike Storage, Trails
Security
Complex Fenced, Elevator Secured, Secured Garage Parking, Lobby Secured
Pets allowed
Size Limit, Yes
Annual tax
$10,400
Subdivision
WAVE CONDO
County
Broward
Days on market
74
MLS listing ID
A12003378
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

-$2,489

Cap rate
1.3%
Net yield
1.3%
Cash-on-cash return
-15.5%
Gross yield
7.1%
Mortgage payment
$3,256/mo
Down payment
$171,725
Loan amount
$515,175
Annual NOI
$9,206

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