24
  • Type
  • Condominium
  • 0
  • Bedroom
  • 1
  • Bathroom
  • 0
  • Garage
  • 486 Sq Ft
  • Area Size
2501 S Ocean Dr, Hollywood FL 33019 | Broward County | A11707468
  • $310,000

Description

Stunning Turn-Key Penthouse studio with Intracoastal and City Views at The Wave on Hollywood Beach! This fully furnished and equipped penthouse offers breathtaking views of the Intracoastal and city skyline at The Wave on Hollywood Beach.
Move-in ready, this turn-key studio is located in a resort-style building with world-class amenities, including a heated pool, Jacuzzi, relaxation area, spacious gym with ocean views, aerobic room, club room, beach service, and 24-hour concierge and valet service.

Conveniently located just steps from the boardwalk and Hollywood Beach’s main attractions, this condo also offers flexible rental options, allowing a minimum 90-day rental up to four times a year.

Property Overview

This is a -bedroom, 1-bath condominium of about 486 square feet at 2501 S Ocean Dr, Hollywood FL 33019 (Hollywood 33019), listed at $310,000.

Monthly Costs, Stated Plainly

The monthly HOA fee is $695.

The tax of record is $4,596 (2024). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Broward rate near 2.1%: without homestead, about $6,510/yr (≈ $542/mo); with the homestead exemption on a primary residence, about $5,460/yr (≈ $455/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 list price for 2501 S Ocean Dr, Hollywood FL 33019 is $310,000. This home, spanning approximately 486 square feet with 1 bedroom and 1 bathroom, is being sold with its fixtures and built-in appliances, which generally convey with the property. However, the furnished status is not stated on the record, so it should be confirmed what, if any, furnishings are included in the sale. It's essential to note that while the community offers on-site amenities, these are shared among residents and do not convey with the home itself. To clarify what is included in the sale and to discuss the details of this property, contact Christopher Lazaro, Hollywood Real Estate Broker Associate, to schedule a viewing or to verify the specifics of the listing.

For precise information on what conveys with the home and to explore how the community amenities can enhance your living experience, reach out to Christopher Lazaro to arrange a consultation, ensuring you have all the necessary details to make an informed decision about this $310,000 property.

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

The property at 2501 S Ocean Dr is located in Hollywood, FL 33019, situated along the coastal corridor. This location places it directly on the ocean, which can be a significant factor in a buyer's decision. The property itself is a $310,000, 1 bedroom and 1 bathroom unit, spanning approximately 486 square feet.

To verify the details of this listing and discuss how the location might impact your purchase, consider reaching out to Christopher Lazaro, Hollywood Real Estate Broker Associate, to schedule a consultation and review the property's specifics, including its $310,000 list price and the surrounding area's characteristics that might affect your decision.

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

The monthly HOA fee for the property at 2501 S Ocean Dr, Hollywood, FL 33019 is $695. According to the record, this fee covers Other Maintenance Includes. As the community is subject to city ordinances, it is essential to review the municipal code, which can be found at https://library.municode.com/fl/hollywood/codes/code_of_ordinances, to understand the regulations that apply. To confirm the details of the HOA fee and its coverage, it is recommended that you verify this information with a reliable source.

To get accurate and up-to-date information, contact Christopher Lazaro, Hollywood Real Estate Broker Associate, to discuss the specifics of the property and its associated fees, ensuring you have a clear understanding of what to expect as a potential buyer of this $310,000, 1 bedroom, 1 bathroom, ~486 sqft property.

What are the property taxes and homestead implications?

The property taxes for 2501 S Ocean Dr, Hollywood FL 33019, listed at $310,000, can be estimated in two ways. The tax of record is $4,596 (2024), but as an ESTIMATE ONLY, since Florida reassesses at sale, the annual tax bill would be about $6,510/yr (≈ $542/mo) without homestead, and about $5,460/yr (≈ $455/mo) with the homestead exemption, which lowers the taxable value only for a primary residence. These are ESTIMATES, not quotes, and buyers should confirm with the Broward Property Appraiser and a tax professional.

To verify these ESTIMATES and get a clearer understanding of the tax implications, buyers are advised to reach out to Christopher Lazaro, Hollywood Real Estate Broker Associate, who can provide guidance on the process and help navigate the specifics of this property, including the potential impact of the homestead exemption on their tax bill.

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

The property at 2501 S Ocean Dr, Hollywood FL 33019, listed at $310,000, is located in a area that buyers should investigate for flood zone designation. Flood zones are areas that the Federal Emergency Management Agency (FEMA) has identified as being at risk for flooding, and are defined in detail on the FEMA website. To determine the flood zone for this specific property, you can View the FEMA flood map for this address. If the property is in a high-risk flood zone, lenders may require the buyer to purchase flood insurance, which can impact the overall cost of ownership.

To verify the flood zone designation and understand its implications for this property, contact Christopher Lazaro, Hollywood Real Estate Broker Associate, to discuss the details and ensure you have a complete understanding of the property's characteristics before making an offer on the $310,000, 1 bedroom, 1 bathroom, ~486 square foot home.

Are pets allowed?

According to the MLS record for 2501 S Ocean Dr, Hollywood FL 33019, the pet policy states "Restrictions Or Possible Restrictions", which means pets are allowed, with restrictions or possible restrictions. We can pull the association's exact current pet rules for this unit on request. If a documented service animal or ESA is involved, separate federal accommodation rules can apply.

To verify the pet policy and other details for this $310,000, 1 bedroom, 1 bathroom, ~486 sqft property, contact Christopher Lazaro, Hollywood Real Estate Broker Associate, to discuss your specific situation and get accurate information about this listing.

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

Broward condos have recently been closing at 93% of list, according to MIAMI REALTORS®, May 2026. This market statistic provides a general indication of the negotiability of condo prices in the area. However, the specific price negotiability of 2501 S Ocean Dr, a $310,000, 1 bedroom, 1 bathroom, ~486 sqft condo in Hollywood, can be better understood by examining the building and vicinity. A comparative market analysis (CMA) for this property would provide a more accurate assessment of its value and potential for negotiation. To get a Hollywood-specific CMA and verify the price of this condo, contact Christopher Lazaro, Hollywood Real Estate Broker Associate, to discuss the details and determine the best course of action before setting an offer.

Reach out to Christopher Lazaro to review the CMA and assess the condo's value in the current market, ensuring a well-informed decision when making an offer on 2501 S Ocean Dr, Hollywood 33019.

What financing step do you recommend before touring?

To ensure a smooth home buying process, it is recommended that you get pre-approved for a mortgage before touring properties like 2501 S Ocean Dr, Hollywood FL 33019, listed at $310,000. This step allows you to understand your budget and makes your offer more competitive. Connect with a Florida-licensed mortgage originator through https://Get-PreApproved.com to begin the pre-approval process. Having this information upfront will help you make informed decisions when viewing properties, such as this 486 sqft, 1 bedroom and 1 bathroom home.

Once you have your pre-approval in place, reach out to Christopher Lazaro, Hollywood Real Estate Broker Associate, to verify the details of this listing and schedule a tour at your convenience, or to discuss other available properties that fit your needs and budget, contact him directly to get started.

Monthly Fees & Carrying Costs

Association Fee $695 / month
Total Monthly Fees $695 / month
  • Membership Required: No
  • Application Fee: $150 (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
  • State/county: Broward County
  • Zip/Postal Code: 33019
  • Area: WAVE CONDO

Details

Updated on September 20, 2026 at 9:40 pm
  • Property ID A11707468
  • Price $310,000
  • Property Size 486 Sq Ft
  • Bedroom 0
  • Room 0
  • Bathroom 1
  • Garage 0
  • Year Built 1968
  • Type Condominium
  • Property Status Active, Residential

Additional details

  • View Bay, Intracoastal View, Ocean View
  • Cooling Other
  • Heating Other
  • Tax Year 2024
  • Flooring Tile
  • Unit Floor 17
  • Inclusions None
  • Unit Number PH32
  • Building WAVE CONDO
  • Garage Spaces 0
  • Listing Terms All Cash, Conventional
  • Area Wave Condo
  • Total Stories 17
  • Waterfront Yes
  • Association Yes
  • Full Bathrooms 1
  • Half Bathrooms 0
  • Covered Spaces 0
  • Style Condo 5+ Stories
  • Private Pool No
  • Structure Type Condo 5+ Stories, Condo
  • Association Fee 695
  • Parking Other, Valet
  • Subdivision WAVE CONDO
  • Annual Tax 4596
  • Year Built Details Resale
  • Building Area 486
  • Lot Size (Sq Ft) 0
  • Flood Zone AE,VE,X
  • New Construction No
  • Attached Yes
  • Waterfront Features Intracoastal Front, Ocean Front
  • Bedroom Features Other
  • Amenities Other
  • Restrictions Ok To Lease
  • Construction Concrete Block Construction
  • Pets Allowed Yes
  • Association Fee Frequency Monthly
  • Association Type Condo
  • Maintenance Includes Other Maintenance Includes
  • Membership Purchase Required No

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