
The Wave 2501 S Ocean Dr Unit 1032 Hollywood, FL 33019
Central Beach NeighborhoodEstimated payment $2,614/month
Highlights
- Valet Parking
- Fitness Center
- Furnished
- Ocean Front
- Intracoastal View
- 3-minute walk to Keating Park
About This Home
Investor-friendly studio with prime beachside location on Hollywood Beach, this fully furnished unit offers beach access, a resort-like pool, and a fully equipped gym, providing the ultimate in comfort and convenience. The building also boasts a 24/7 doorman, ensuring security and a welcoming environment. This studio is perfect for investors or those seeking a vacation escape. With seasonal rentability starting at $2k/month and higher rates in peak seasons, it’s an exceptional income opportunity. Short-term rentals (3 months minimum) and annual leases allowed, making it incredibly easy to rent. The unit features a walk-in closet, extra storage, and an in-unit washer/dryer combo. Maintenance covers all amenities, cable TV, WiFi, and 1-car parking, ensuring hassle-free ownership.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,722
Year Built
- Built in 1968
Lot Details
- Ocean Front
- West Facing Home
HOA Fees
- $629 Monthly HOA Fees
Parking
- 1 Car Parking Space
Home Design
- Concrete Block And Stucco Construction
Interior Spaces
- 486 Sq Ft Home
- Furnished
- Blinds
- Combination Dining and Living Room
- Tile Flooring
- Washer
Kitchen
- Self-Cleaning Oven
- Electric Range
- Microwave
- Dishwasher
- Snack Bar or Counter
- Disposal
Bedrooms and Bathrooms
- Studio bedroom
- Walk-In Closet
- 1 Full Bathroom
- Bathtub and Shower Combination in Primary Bathroom
Home Security
Additional Features
- Unrestricted saltwater access
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 514224AL3160
Community Details
Overview
- High-Rise Condominium
- The Wave Condo
- Wave Condo,The Wave Condo Subdivision
- The community has rules related to no recreational vehicles or boats, no trucks or trailers
- 17-Story Property
Amenities
- Valet Parking
- Trash Chute
- Business Center
- Community Center
- Party Room
- Recreation Room
- Laundry Facilities
- Elevator
- Secure Lobby
- Bike Room
- Community Storage Space
Recreation
- Community Spa
Pet Policy
- Dogs Allowed
Security
- Clear Impact Glass
- Fire and Smoke Detector
Map
About The Wave
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $4,722 | $221,390 | -- | -- |
2024 | $4,359 | $221,390 | -- | -- |
2023 | $4,359 | $182,980 | $0 | $0 |
2022 | $3,838 | $166,350 | $0 | $0 |
2021 | $3,481 | $151,230 | $15,120 | $136,110 |
2020 | $3,397 | $147,340 | $14,730 | $132,610 |
2019 | $3,440 | $147,110 | $14,710 | $132,400 |
2018 | $3,273 | $142,820 | $14,280 | $128,540 |
2017 | $3,493 | $155,800 | $0 | $0 |
2016 | $3,490 | $152,460 | $0 | $0 |
2015 | $3,004 | $113,340 | $0 | $0 |
2014 | $2,836 | $103,040 | $0 | $0 |
2013 | -- | $131,570 | $13,160 | $118,410 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
01/15/2025 01/15/25 | Price Changed | $285,000 | -8.1% | $586 / Sq Ft |
01/10/2025 01/10/25 | For Sale | $310,000 | -- | $638 / Sq Ft |
Deed History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $170,000 | Attorney | |
Special Warranty Deed | $87,000 | Rels Title | |
Trustee Deed | -- | Attorney | |
Trustee Deed | $75,100 | None Available | |
Warranty Deed | $235,000 | Universal Land Title Inc | |
Warranty Deed | $200,000 | Title Tech Llc | |
Special Warranty Deed | $130,100 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $188,000 | Fannie Mae Freddie Mac | |
Previous Owner | $189,971 | Purchase Money Mortgage |
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Source: MIAMI REALTORS® MLS
MLS Number: A11721857

APN: 51-42-24-AL-3160
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