2501 S Ocean Dr, Hollywood FL 33019 | Broward County | A12121838
  • $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

This 590-square-foot condominium, built in 1968, is offered for $275,000. The one-bath unit is located in The Wave Condo building at 2501 S Ocean Dr, Hollywood, FL 33019. Monthly homeowners association fees are $790, which include internet, cable, water, and valet service. The living space features an open layout with a large walk-in closet and a kitchen equipped with new appliances. Oversized windows provide views of the Atlantic Ocean and the Intracoastal Waterway. The building provides access to an oceanfront pool, beach service, and an on-site restaurant. Please note that a tenant is currently in place. If you require specific details about the tenancy, lease terms, or any other non-public information, please call 305-859-4733.

Frequently Asked Questions

What are the basic dimensions and price of this Hollywood condo?

This is a one-bathroom condo in Hollywood, Florida. The living area is 590 square feet. The current listing price is $275,000.

What does the monthly maintenance fee cover?

The monthly HOA fee is $790. This amount includes internet, cable, water, and valet service.

What amenities are available in the building?

The Wave Condo offers an oceanfront pool with views, beach service, and an on-site restaurant.

When was the building constructed?

The building was constructed in 1968.

What is the current occupancy status of the unit?

The unit has a tenant in place.

Where is this property located?

The property is located at 2501 S Ocean Dr, Hollywood, FL 33019. It is near the Diplomat and Trump Hollywood.

Monthly Fees & Carrying Costs

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

Have a question about this Hollywood listing?

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

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
  • Zip/Postal Code: 33019

Details

Updated on November 12, 2026 at 1:34 pm
  • Property ID A12121838
  • Price $275,000
  • Property Size 590 Sq Ft
  • Bedroom 0
  • Room 0
  • Bathroom 1
  • Year Built 1968
  • 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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