Cays Realty
2501 S Ocean Dr 833, Hollywood, FL 33019 — MLS photo

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2501 S Ocean Dr 833, Hollywood, FL 33019

Active · Condominium

$529,000

2501 S Ocean Dr 833, Hollywood, FL 33019

Beds
2
Baths
2
Living area
835 sq ft
$ / sq ft
$634/sq ft
Year built
1968
Lot size
—
HOA fee
$1,138 Monthly
Annual tax
$6,872

About this property

LEGALLY CONVERTED AND FULLY RENOVATED 2/2 FEATURING CUSTOM FINISHES AND FURNISHINGS WITH BRAND NEW A/C, AND ALL BUILT-IN CUSTOM CABINETRY! LIVE-IN OR INVEST IN THIS TURN-KEY CONDO! CAN RENT EVERY 90 DAYS! CONDO MAINTENANCE INCLUDES ALL UTILITIES EXCEPT ELECTRIC. THE WAVE CONDOMINIUM OFFERS RESORT-STYLE AMENITIES; HEATED SWIMMING POOL, JACUZZI, COMPLIMENTARY VALET PARKING FOR RESIDENTS, 24hr CONCIERGE, FITNESS CENTER, RESTAURANT/CAFE, GAMES ROOM, AND SOCIAL SPACES! *NO BALCONY IN THIS UNIT* *NO SPECIAL ASSESSMENTS* *BLDG IS CURRENT ON ALL CERTIFICATIONS*

Property location

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2501 S Ocean Dr 833, Hollywood, FL 33019

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
835 sq ft
Flooring
Ceramic Tile
Appliances
Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Self Cleaning Oven
Cooling
Central Air
Heating
Central
Interior features
Breakfast Bar, Built In Features, Closet Cabinetry, Eat In Kitchen, Main Living Area Entry Level, Shower Only
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
1968
Stories
17
Architectural style
High Rise
Construction
CBSConcrete Block Structure, Block
Exterior features
None
Pool
Association, Heated
Waterfront
Ocean Access, Ocean Front
View
Intercoastal, Other

Parking

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

HOA, Community & Financials

Association fee
$1,138 Monthly
Fee inclusions
Association Management, Amenities, Common Areas, Cable Tv, Hvac, Hot Water, Internet, Laundry, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Pools, Reserve Fund, Sewer, Security, Trash, Water
Amenities
Clubhouse, Fitness Center, Hobby Room, Laundry, Pool, Spa Hot Tub, Storage, Elevators
Security
Lobby Secured, Security Guard, Smoke Detectors
Pets allowed
Dogs Ok, Yes
Annual tax
$6,872
Subdivision
WAVE CONDO
County
Broward
Days on market
165
MLS listing ID
A12003812
Listing status
Active

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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

-$1,865

Cap rate
1.5%
Net yield
1.5%
Cash-on-cash return
-15.1%
Gross yield
6.7%
Mortgage payment
$2,508/mo
Down payment
$132,250
Loan amount
$396,750
Annual NOI
$7,715

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