2501 S Ocean Dr # 505, Hollywood FL 33019 | Broward County | A11951738
  • $325,000

Description

Rarely available bright and spacious Studio with a breathtaking ocean views. Condo nicely decorated with beautiful floors, spacious balcony with an ocean view and breeze. Updated kitchen, washer/dryer combo in the Unit. Fully furnished and equipped. Experience The Wave Lifestyle – one of the finest and most exclusive Luxury buildings on the Beach for the price value. Great amenities: Newly remodeled Resort style pool deck with lash palm trees, fountains, Jacuzzi and GYM overlooking the ocean and complimentary Beach services.

Property Overview

This is a -bedroom, 1-bath condominium of about 482 square feet at 2501 S Ocean Dr # 505, Hollywood FL 33019 (Hollywood 33019), listed at $325,000.

Monthly Costs, Stated Plainly

The monthly HOA fee is $649.

The tax of record is $5,547 (2025). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Broward rate near 2.1%: without homestead, about $6,820/yr (≈ $568/mo); with the homestead exemption on a primary residence, about $5,780/yr (≈ $482/mo). Confirm with the Broward Property Appraiser and a tax professional — these are estimates, not quotes.

Frequently Asked Questions

What is the list price, and what typically conveys with a home like this?

The home at 2501 S Ocean Dr #505 is listed at $325,000 and is explicitly sold furnished, including all fixtures and built-in appliances. What conveys with the unit itself are the furnishings, while the community offers shared amenities like a bike storage, billiard room, business center, clubhouse, laundry facilities, exercise room, storage, heated pool, spa/hot tub, and trash chute — all maintained by the HOA.

For precise details on inclusions or to schedule a private tour, contact Christopher Lazaro, Hollywood Real Estate Broker, directly. His expertise ensures you’ll have clarity on every aspect of this opportunity.

Where exactly is it, and what should I know about the location?

2501 S Ocean Dr #505 is in Hollywood, FL 33019, positioned along the sought-after coastal corridor just steps from the Atlantic. This prime location offers easy access to Hollywood Beach’s vibrant boardwalk, dining, and waterfront parks while maintaining a relaxed residential feel. For precise details on building amenities, HOA policies, or nearby developments, contact Christopher Lazaro, Hollywood Real Estate Broker, to discuss your priorities or schedule a private tour.

What are the HOA / association fees, and what do they cover?

The monthly HOA fee at 2501 S Ocean Dr #505 is $649, covering All Amenities, Building Exterior, Cable TV, Elevator, Hot Water, Internet/WiFi, Pest Control Interior, Pool Service, Security, Trash Removal, and Water. The community adheres to Hollywood city ordinances, which you can review here. For precise details or to discuss how these fees impact your budget, contact Christopher Lazaro, Hollywood Real Estate Broker, for personalized guidance.

What are the property taxes and homestead implications?

The property at 2501 S Ocean Dr #505 currently has a tax of record at $5,547 (2025). As an estimate only — since Florida reassesses taxes at sale — at the $325,000 list price and Broward’s approximate 2.1% rate: without homestead, expect around $6,820/yr (≈ $568/mo); with Florida’s homestead exemption (which lowers taxable value only for primary residences), roughly $5,780/yr (≈ $482/mo). Always confirm with the Broward Property Appraiser and a tax professional — these are projections, not guarantees. For precise figures tailored to your situation, contact Christopher Lazaro, Hollywood Real Estate Broker.

Is the home in a flood zone, and what does that mean?

This condo at 2501 S Ocean Dr #505 is in a moderate-risk flood zone (Zone AE per FEMA's definitions), meaning lenders often require flood insurance. You can View the FEMA flood map for this address to see precise boundaries. While the building's elevation and mitigation efforts may reduce risk, I always recommend buyers consult an insurance specialist. For personalized guidance, contact Christopher Lazaro, Hollywood Real Estate Broker, to discuss this property's specifics.

Are pets allowed?

This condo at 2501 S Ocean Dr #505 welcomes pets over 20 lbs—no weight restrictions here, per the MLS. If you have a service animal or ESA, federal housing laws provide additional protections. For complete pet rules or to confirm association policies, contact Christopher Lazaro, Hollywood Real Estate Broker, for precise guidance.

How is the price set and is there room to negotiate?

In Hollywood's current market, Broward condos have recently been closing at 93% of list price (MIAMI REALTORS®, May 2026), which suggests measured negotiation room. For 2501 S Ocean Dr #505, we’d cross-check this trend against a fresh CMA of recent sales in the building and nearby listings—Hollywood’s coastal units often follow tighter margins. Before drafting an offer, let’s verify your strategy with Christopher Lazaro, Hollywood Real Estate Broker, who’ll pinpoint the ideal approach for this $325,000 opportunity.

What financing step do you recommend before touring?

Before touring 2501 S Ocean Dr #505, I strongly recommend securing a pre-approval from a Florida Licensed Mortgage Loan Officer. This clarifies your budget and strengthens your position in Hollywood’s competitive market, especially for this $325,000 oceanfront condo. Reach out to me, Christopher Lazaro, Hollywood Real Estate Broker, to verify financing options or schedule a showing—I’ll ensure you’re fully prepared.

Monthly Fees & Carrying Costs

Association Fee $649 / month
Total Monthly Fees $649 / month
  • Membership Required: No
  • Application Fee: $37 (one-time)

Have a question about this Hollywood listing?

Talk directly with Christopher Lazaro, your Hollywood real estate advisor. No pressure — real answers.

  • Address: Ocean Dr
  • City: Hollywood
  • Zip/Postal Code: 33019

Details

Updated on June 22, 2026 at 3:54 pm
  • Property ID A11951738
  • Price $325,000
  • Property Size 482 Sq Ft
  • Bedroom 0
  • Room 0
  • Bathroom 1
  • Year Built 1968
  • Property Status Active, Residential

Additional details

  • Flooring Tile, Vinyl
  • Waterfront Features Ocean Front
  • Bedroom Features Entry Level
  • Cooling Central Air
  • Association Type Condo
  • Building The Wave
  • Association Fee Frequency Monthly
  • Area Wave Condo
  • Annual Tax 5547
  • Association Yes
  • Elementary School Hollywood Centl
  • Private Pool No
  • Listing Terms All Cash, Conventional
  • Waterfront Yes
  • Full Bathrooms 1
  • Subdivision WAVE CONDO
  • Total Stories 17
  • Restrictions Corporate Buyer OK, Ok To Lease, Okay To Lease 1st Year
  • Parking 1 Space, Valet
  • Heating None
  • Structure Type Condo 5+ Stories, Condo
  • Tax Year 2025
  • Construction Concrete Block Construction
  • Covered Spaces 0
  • Unit Floor 6
  • View Ocean View, Other View
  • Year Built Details Resale
  • High School Hallandale High
  • Pets Allowed Yes
  • Attached Yes
  • Unit Number 505
  • Inclusions None, Beach
  • Half Bathrooms 0
  • Flood Zone AE,VE,X
  • New Construction No
  • Garage Spaces 0
  • Style Condo 5+ Stories
  • Association Fee 649
  • Lot Size (Sq Ft) 0
  • Membership Purchase Required No

Mortgage Calculator

Schedule a Tour

Tour Type

Contact Information

View Listings
Christopher Lazaro

Enquire About This Property

0 Review

Sort by:
Leave a Review

Leave a Review

Compare listings

Compare