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Wave, Hollywood, FL home for sale at 2501 S Ocean Drive 415

Wave Hollywood, FL Homes For Sale & Real Estate

Wave, Hollywood, FL, is a waterfront community in Broward County with 29 homes for sale right now. Wave is an oceanfront condominium in Hollywood, Broward County, along the Atlantic, with residences built across a range of years through the mid-2000s.

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Wave real estate market

There are 29 active listings for sale in Wave right now. The median list price is $380,000, or about $510 per square foot. Listings span $226,000 to $686,900, so there is inventory across most budgets. Homes are averaging 175 days on market. These figures update from the MLS as the market moves.

MLS data updated October 4, 2026
Active Listings
29
Median List Price
$380,000
Median $/Sq Ft
$510
Avg Days on Market
175
Price Range
$226,000 to $686,900
How many homes are for sale in Wave?
There are 29 active listings for sale in Wave right now, and these counts update from the MLS as homes come on the market and go under contract. The most expensive listing asks about 3 times the least expensive, so budgets vary widely within Wave. Ask us to set up a search alert and you will see new Wave listings the day they reach the market.
What is the median home price in Wave?
The median list price in Wave is $380,000, or roughly $510 per square foot. The median is the midpoint of what is currently listed, so about half of Wave homes ask more and half ask less, within a broader range of $226,000 to $686,900. The median sits near the middle of that range, so Wave inventory is spread fairly evenly rather than bunched at one end. We can pull recent comparable sales to price a specific home more precisely.
What price range do homes in Wave cover?
Homes for sale in Wave currently range from about $226,000 at the entry level to $686,900 at the top of the market. That spread reflects unit size, floor, and finish level across the condos and townhomes here, with the median list price around $380,000. The spread is moderate, so there is real choice here without the extremes some markets show. Tell us your budget and must-haves and we will send the Wave listings that actually fit.
How long do homes take to sell in Wave?
Homes in Wave are averaging 175 days on market, measured from the day a listing goes live to the day it goes under contract. That is a slow pace, so sellers here should expect to price carefully and buyers often have time to compare before committing. Days on market in Wave also shift with the season and with how a home is priced, so a sharply priced listing can still sell well ahead of the average.
Are there waterfront homes in Wave?
Yes. Wave includes waterfront homes with canal, lake, or Intracoastal frontage.

Wave, Hollywood, FL, is a waterfront community in Broward County with 29 homes for sale right now. Wave is an oceanfront condominium in Hollywood, Broward County, along the Atlantic, with residences built across a range of years through the mid-2000s. Its listings run from around $219,000 to $686,000, with a median near $404,000, covering one- and two-bedroom layouts on and near the Hollywood beachfront. The location keeps residents close to the ocean, the Hollywood Beach Broadwalk, and dining, with easy access to Fort Lauderdale and Aventura.

Homes for sale in Wave

Homes for sale in Wave offer 1 bedroom and 1 to 1.5 baths. Living areas run from about 482 to 835 square feet. The mix here includes condo homes. Current prices run from $226,000 to $686,900. The homes on the market were built between 1968 and 2004.

Schools near Wave

Homes for sale in Wave are typically zoned for the Hollywood public schools below, based on current MLS listings. Confirm the exact attendance zone for any specific address with the Broward County school district before you buy.

Elementary School
Hollywood Central
Middle School
Olsen
High School
Hallandale

Wave HOA fees

Median HOA fee
$1,055/mo
Typical range
$821 to $1,119
Lowest to highest
$650 to $1,606
Listings with a fee
29 of 29

Across the 29 homes for sale in Wave that list an HOA fee, the median is $1,055 a month. Half of them fall between $821 and $1,119. Fees quoted quarterly or yearly are converted to a monthly figure so they compare directly.

The fee most often covers cable TV, internet, water, hot water, pool upkeep and trash pickup. Coverage differs from one building or section to the next, so read what a specific listing includes before comparing it with another.

Listings here most often mention pool, fitness center, elevators, clubhouse, laundry facilities and billiard room.

25 of the 29 listings that state a pet policy allow pets, often with limits.

From current MLS listings in Wave; the figures change as homes come and go. Confirm the fee, any special assessments and the association's rules with the HOA before you buy.

Recently sold homes in Wave

These are the last 6 recorded closings in Wave, with the price each home actually sold for rather than what it was listed at. They closed at a median of $497 per square foot. The most recent closed on September 4, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.

See every recorded sale in Wave or find out what your Wave home is worth.

Wave market and home values

Values in Wave track the community's own sales more closely than any broad regional number. The median list price in Wave is around $380,000, or roughly $510 per square foot. That is close to the Broward County median, so Wave tracks the broader local market rather than sitting at an extreme. Recent asking prices have run from $226,000 to $686,900, so the home you choose within Wave matters as much as the community average. Homes here have recently taken about 175 days to go under contract, a useful gauge of how quickly the Wave market is moving. For pricing an offer or a listing, comparable sales within Wave carry more weight than any headline number, since homes of the same type and size set the real range. Pure Equity can pull the active and recently sold homes in Wave so you work from real numbers, not an estimate.

Wave compared to nearby Hollywood communities

Wave carries the lowest median of the 7 Hollywood communities compared here. Price per square foot is the fairer comparison between communities, because it adjusts for the fact that one neighborhood builds bigger homes than another. Days on market shows how quickly each one is actually selling.

CommunityHomesMedian$/Sq FtDays
Hollywood Lakes59$1,190,000$613124
4111 South Ocean Drive56$849,500$777285
Hollywood Hills67$820,000$44976
4010 South Ocean64$749,000$708256
Hollywood Little Ranches84$629,750$428158
Tides On Hollywood Beach65$450,000$498247
Wave this page29$380,000$510175

Medians come from active listings in each community and move as inventory turns over. They describe the homes currently for sale, not what any one home is worth.

Is Wave right for you?

A quick read on who fits Wave saves time before you visit. Wave appeals to boaters and buyers who want to be on the water, whether a canal, lake, or the Intracoastal. Waterfront homes carry their own insurance and maintenance considerations, so factor wind and flood coverage into the budget from the start. On price, Wave lands in the middle of the market, a common fit for move-up buyers and full-time residents. Whether Wave is right for you depends on how you plan to use the home, full time or seasonally, and Pure Equity can walk you through the tradeoffs before you commit.

Living in Wave

Waterfront homes here offer canal, lake, or Intracoastal frontage, and some sites include private dockage.

Wave location

Wave is located in Hollywood, part of Broward County, Florida. The Hollywood area's shopping, dining, schools, and parks are all nearby, and the region's job centers, beaches, and airports are within driving distance.

Buying a home in Wave

Buying in Wave follows the same path as the rest of Broward County. Getting a mortgage pre-approval first tells you your real budget and lets you move quickly when the right home comes up. Property taxes factor into the monthly payment: the median annual property tax in Broward County is about $3,610. Florida's homestead exemption lowers the taxable value of a primary residence, and the Save Our Homes cap limits how fast that assessed value can rise from year to year. Budget for homeowners insurance as well. Rates in Florida reflect wind and flood exposure, so gather quotes early and check whether a specific address sits in a FEMA flood zone. Once you are under contract, plan for a home inspection and, if you are financing, a lender appraisal, both of which fall inside the inspection period. Working with an agent who knows Hollywood means you see new listings in Wave the day they reach the market.

Selling a home in Wave

A successful sale in Wave comes down to pricing, presentation, and marketing. List prices in Wave currently center around $380,000, which is a starting reference for where a comparable home might be positioned. Homes that are decluttered, professionally photographed, and priced to recent comparable sales tend to draw the most interest in the first two weeks, when a listing is newest and gets the most views. Florida sellers usually pay the documentary stamp tax on the deed, currently $0.70 per $100 of the sale price in most counties, along with prorated property taxes and, by local custom in many areas, the owner's title insurance policy. We provide a no-obligation home valuation for Wave owners in Hollywood, so you can see what your property could sell for before you commit to listing.

What is your Wave home worth?

Online estimates miss what makes a home different. Tell us about yours and a licensed listing agent will send you a pricing opinion based on what has actually closed near you in Wave.

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Listing agents and seller representation in Wave

Thinking about selling in Wave? The agent you pick shapes two numbers: what your home closes for, and how long it takes. A listing agent, also called a seller's agent, prices the property against what has actually closed nearby. They also prepare and market it, screen the offers that arrive, and negotiate the terms rather than just the price.

Conditions in Wave sit close to balanced, which rewards sellers who price against real closed sales instead of neighboring asking prices. Homes here are averaging about 175 days from listing to accepted offer, so build that into your moving timeline.

Community-level detail matters most here. Association rules, what the fees cover, and which buildings sell fastest all affect your outcome. So does whether a buyer needs board approval before closing. None of it appears in a listing description. All of it decides whether a sale closes on time.

Pure Equity is a licensed Florida brokerage serving Wave. Onias Derilus is the broker of record, Florida Real Estate Broker license BK3276618. A broker holds a higher license than an agent working under one. In practice that means the person advising you on price is also the one legally responsible for the file. That matters most when a deal gets complicated.

More on this: listing agents in Hollywood · what does a listing agent actually do? · short sales in Florida, and when they make sense

Realtors and real estate agents serving Wave

People search for realtors, real estate agents, and real estate brokers more or less interchangeably. For most purposes the job title matters less than licensing and representation. Every licensed agent in Florida works under a broker. That broker carries final responsibility for the transaction.

What separates real estate professionals in Wave is specificity. Can they answer questions about your street, not just your city? Ask what they have closed nearby and how they arrived at a price. A grounded answer cites particular recent sales. It also explains why those homes compare to yours. Vague reassurance is the warning sign.

More on this: zestimate vs CMA: how accurate are online estimates? · what affects home value in South Florida? · what it costs to sell a house here

Buyer's agents in Wave

A buyer's agent represents the purchaser rather than the owner. They identify properties that actually fit and research what comparable homes sold for, not what they asked. They also advise on offer strategy. Finally, they manage inspection and financing deadlines through to closing.

Where buyers have room to negotiate, as they do in Wave, the leverage is only worth something if you know where it exists and what to ask for. If you are buying and selling at the same time, which is common for people moving within Broward County, sequencing the two is its own skill: contingencies, timing, and what happens if one closing slips all need planning before either home goes on the market.

What representation costs

Real estate commissions are negotiable. No law, multiple listing service, or association sets them. If an agent tells you there is a standard rate, they are misinforming you. What you pay is agreed between you and the brokerage you hire. Get it in writing before the work begins.

Industry rules changed in 2024. Now a buyer and their agent must put compensation in a written buyer agreement before touring homes together. Sellers may still offer to contribute toward the buyer's side. However, that is negotiated rather than assumed. It is worth thinking through with your listing agent before you go live.

More on this: how commission is actually structured · the inspection response, and how to handle it · tax on the sale, and who actually answers it

Search Wave with someone local

We will tell you which listings are worth your time, what comparable homes actually closed for, and how to structure an offer that holds up through inspection and financing.

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Frequently asked questions

How do I find a listing agent in Wave?

Ask any listing agent you interview two questions. Which homes have they closed near Wave, and how did they arrive at their suggested price? A grounded answer names recent closed sales. It also explains why those homes compare to yours. With a median around $380,000 here, the gap between realistic pricing guidance and optimistic guidance is real money. Verify the license too. Florida licenses are public and searchable through the state's DBPR portal. Pure Equity is a licensed brokerage serving Broward County. You can reach the broker directly at (561) 835-5400.

What does a seller's agent actually do?

A seller's agent prices the home against comparable closed sales. Before it goes live, they advise on repairs and presentation. Then they handle photography and marketing, and put the home in front of buyers and other agents. When offers arrive, they screen them and negotiate both price and terms. Terms matter as much as the number, because inspection windows, financing contingencies, and closing dates all affect whether an offer reaches the closing table.

How much does a real estate agent cost in Wave?

Commissions are fully negotiable. No law or real estate board sets them. What you pay is whatever you and your brokerage agree to in writing before work begins. Since the 2024 rule changes, buyers and their agents must agree compensation in a written buyer agreement before touring homes. Any seller contribution toward the buyer's side is negotiated rather than automatic. Ask any agent you interview to put their fee in writing.

What is the difference between a realtor, a real estate agent, and a broker?

A real estate agent holds a state license to represent buyers and sellers. A broker holds a higher-level license and can operate a brokerage. That broker also carries final legal responsibility for the office's transactions. Realtor is a membership term for agents belonging to the National Association of Realtors. For someone buying or selling in Wave, three practical questions matter. Is the person licensed, who do they represent in your transaction, and what can they actually tell you about your local market?

Do I need an agent to buy a home in Wave?

You are not legally required to use one, but most buyers in Wave do. A buyer's agent handles the parts that are easy to get wrong. That means identifying what comparable homes actually closed for, spotting condition or association issues early, and managing inspection and financing deadlines. Even in a slower market, negotiating room is only useful if you know where it exists.

Can one agent help me sell my current home and buy the next one?

Yes. For people moving within Broward County it is often the more practical route, because one person coordinates both timelines. Sequencing is the hard part. Should your purchase be contingent on your sale? How would you cover a gap if the closings do not line up? What happens if one side is delayed? Plan all of that before either home is listed, rather than after an offer arrives.

Look up Wave property records

Anything on this page that affects what a home costs to own, assessed value, exemptions, flood zone, is published by a public agency. These are the official sources, not our summaries of them.

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