27
  • Type
  • Condominium
  • 0
  • Bedroom
  • 1
  • Bathroom
  • 0
  • Garage
  • 590 Sq Ft
  • Area Size
2501 S Ocean Dr, Hollywood FL 33019 | Broward County | A12016698
  • $275,000

Description

REDUCED FOR FAST SALE!!!! Luxury Oceanfront Penthouse Studio –TENANT IN PLACE!! Investor Opportunity
Rarely available and now reduced! Largest studios in the building!!!This spacious, well-furnished penthouse studio is the largest studio floor plan in the building and offers breathtaking, postcard-worthy views of both the Atlantic Ocean and the Intracoastal Waterway through its oversized window. Some photos are virtual renderings of possible redesign
The unit features a fully equipped kitchen with brand-new appliances, a large walk-in closet, and an open, comfortable layout designed for both everyday living and vacation-style enjoyment.
Monthly maintenance includes internet, cable, water, and valet service for added convenience.
Located in one of the most desirable areas of Hollywood Beach, just minutes from the Diplomat and Trump Hollywood, this full-service oceanfront resort offers exceptional amenities, including:
Oceanfront pool with stunning views
Beach service
On-site restaurant
Fitness center
Valet parking
A tenant is currently in place, making this an excellent investment opportunity. The property can be purchased with the existing tenant for immediate rental income.

Property Overview

THE WAVE CONDO is a studio condo located at 2501 South Ocean Drive in Hollywood, Florida. The property includes one full bathroom and sits on the beach in the WAVE CONDO subdivision. Built in 1968, the living area measures 590 square feet. The property is a sale and is listed for $275,000. The HOA fee is $790 per month. Internet, cable, water, and valet service are included in the monthly fee. The unit is currently occupied by a tenant. This studio is described as a luxury oceanfront penthouse. The listing notes it is the largest studio in the building and features a fully equipped kitchen with new appliances, a large walk-in closet, and oversized windows with ocean and Intracoastal views.

Frequently Asked Questions

Does THE WAVE CONDO have bedrooms and bathrooms?

This listing is a studio condo. It has one full bathroom and no half bathrooms.

What is the price of THE WAVE CONDO?

The asking price is $275,000.

Is there an HOA fee for THE WAVE CONDO?

Yes, the monthly HOA fee is $790.

What is included in the HOA fee?

The fee includes internet, cable, water, and valet service.

Is there a tenant currently living in the unit?

Yes, there is a tenant in place.

Does THE WAVE CONDO include parking?

Valet parking is included in the monthly HOA fee.

Monthly Fees & Carrying Costs

Association Fee $790 / month
Total Monthly Fees $790 / month
  • Membership Required: No
  • Application Fee: $35 (one-time)

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This listing is courtesy of CVR Realty.

Listing data courtesy of MIAMI Association of REALTORS (RAPB/GFLR) via Bridge Interactive. Copyright SEFMLS © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.

  • Address: Ocean Dr
  • City: Hollywood
  • State/county: Broward County
  • Zip/Postal Code: 33019
  • Area: WAVE CONDO

Details

Updated on November 2, 2026 at 11:45 am
  • Property ID A12016698
  • Price $275,000
  • Property Size 590 Sq Ft
  • Bedroom 0
  • Room 0
  • Bathroom 1
  • Garage 0
  • Year Built 1968
  • Type Condominium
  • Property Status Active, Residential

Additional details

  • View Intracoastal View, Ocean View, Direct Ocean
  • Cooling Central Air
  • Heating Electric
  • Tax Year 2026
  • Flooring Ceramic Floor
  • Unit Floor 17
  • High School Hallandale High
  • Inclusions Other
  • Unit Number PH6
  • Building THE 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 790
  • Parking Other, Valet
  • Subdivision WAVE CONDO
  • Annual Tax 6967
  • Elementary School Hollywood Centl
  • Year Built Details Resale
  • Building Area 590
  • Lot Size (Sq Ft) 0
  • Flood Zone AE,VE,X
  • New Construction No
  • Attached Yes
  • Waterfront Features Ocean Access, Ocean Front
  • Bedroom Features Other, Primary Bath Shower
  • Amenities Bike Storage, Billiard Room, Clubhouse-Clubroom, Laundry, Elevator(s), Exercise Room, Storage, Pool
  • Restrictions Corporate Buyer OK, Ok To Lease, See Broker Remarks
  • Construction CBS Construction
  • Pets Allowed Yes
  • Association Fee Frequency Monthly
  • Maintenance Fee Paid Per Monthly
  • Association Type Condo
  • Maintenance Includes Cable Tv, Elevator, Insurance, Internet/WiFi, Pool Service, Security, Sewer, Trash Removal, Water
  • Membership Purchase Required No

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