2501 S Ocean Dr 328, Hollywood, FL 33019 — MLS photo

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2501 S Ocean Dr 328, Hollywood, FL 33019

Active · Condominium

$325,000

2501 S Ocean Dr 328, Hollywood, FL 33019

Beds
1
Baths
2
Living area
835 sq ft
$ / sq ft
$389/sq ft
Year built
1968
Lot size
—
HOA fee
$1,005 Monthly
Annual tax
$6,678

About this property

Luxury Beachfront Condominium with 1 bed room + 1 and 1/2 bathrooms + Balcony. Laundry machine is in the kitchen area of apartment. New Dishwasher. Hurricane proof windows. View of Palm Trees. 1 Walking and 2 regular closets. Amenities include: Beach Service + Large Heated Swimming Pool + Jacuzzi + Professional Gym + Club Room with pool table. Maintenance (HOA) includes Water +Internet & Cable TV + central a/c. Building allows to rent 4 times a year for a minimum of 90 days or 1 year and longer and invite Guests 3 times a year for up to 21 days. 24 hours Reception+ Security & Valet. New Publix - Grocery Store across the road 3 minutes walk. Famous Hollywood Boardwalk is 10 minutes walking. 50 Years certification completed. Building completed renovation project 2 years ago. No Assessments / No Construction works. Beautiful Resort Style Living on the beach front in Hollywood, FL. Call /text Listing Agent

Property location

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2501 S Ocean Dr 328, Hollywood, FL 33019

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
835 sq ft
Flooring
Laminate, Tile
Appliances
Dishwasher, Electric Range, Microwave, Refrigerator, Washer
Cooling
Central Air
Heating
Electric
Interior features
Bedroom On Main Level, Walk In Closets

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
Pool
Heated
Waterfront
Ocean Access, Ocean Front
View
Garden

Parking

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

HOA, Community & Financials

Association fee
$1,005 Monthly
Fee inclusions
Amenities, Hot Water, Insurance, Internet, Security, Trash
Amenities
Bike Storage, Business Center, Clubhouse, Elevators, Fitness Center, Laundry, Pool, Storage, Trash
Security
Closed Circuit Cameras, Complex Fenced, Key Card Entry, Security Guard
Pets allowed
Conditional, Yes
Annual tax
$6,678
Subdivision
WAVE CONDO
County
Broward
Days on market
92
MLS listing ID
A12022135
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

-$1,134

Cap rate
1.5%
Net yield
1.5%
Cash-on-cash return
-15.0%
Gross yield
8.9%
Mortgage payment
$1,541/mo
Down payment
$81,250
Loan amount
$243,750
Annual NOI
$4,875

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