$315,000
Sold · June 1, 2026
1601 S Ocean Drive 501
Explore the area: Hollywood homes for sale · Broward County real estate
Sale Summary
What this home sold for
- Sold price
- $315,000
- Vs. list price
- 4.5% under
- Days on market
- 778
- Price per sq ft
- $218
This 2-bedroom condo in Cambridge Towers Condo sold for $315,000 on June 1, 2026. That was 4.5% below its final list price of $329,900. It first came on the market at $495,000, so the price was adjusted before it sold. It spent 778 days on the market. At $218 per square foot, it closed 9.9% below the $242 median of the 4 other condo sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $315,000
- Sold On
- June 1, 2026
- Days on Site
- 778 Days
- Bedrooms
- 2
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 1,444 sqft
- Total Sq Ft
- 1,444 sqft
- Year Built
- 1969
- Property Type
- Condo
- MLS #
- A11550247
- Property Tax
- $3,860 (2023)
- HOA Fees
- $856 / Monthly
- Subdivision
- CAMBRIDGE TOWERS CONDO
- County
- Broward
- Status
- Sold
About This Property
Very close to the beach, with easy access. Welcome to your new home at Cambridge Towers, a 55+ community. Beautiful and ample 2 bed, 2 bath apartment. Enjoy a spacious and light-filled living room. Remodeled kitchen with granite countertops, and plenty of cabinet space. Enjoy nice views of the ocean, beach, and intercostal from your private balcony. The master bedroom features a bathroom and a large walk-in closet. Newer Impact windows and AC. Private Washer and Dryer.The community includes a swimming pool, sauna, community room, 1 assigned parking space, and a bicycle storage room. The 50-year condo recertification has been completed, a new roof has been installed, and NO rent is allowed in the community.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Sold
- Year Built
- 1969
- Property Condition
- New Construction
- New Construction
- Yes
- Number of Stories
- 11
- Garage Spaces
- 1
- Parking
- Assigned / Guest
- Living Sq Ft
- 1,444
- Total Sq Ft
- 1,444
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Electric Water Heater / Microwave / Refrigerator / Washer
- Cooling
- Central Air / Electric
- Heating
- Central / Electric
- Flooring
- Tile
- Interior Features
- Bathtub / Sitting Area In Primary / Soaking Tub / Walk In Closets
- Windows
- Blinds
- Furnished
- Unfurnished
Exterior Features
- Construction
- Block
- Exterior Features
- Barbecue / Outdoor Living Area
- Pool Features
- Association / Heated
- View
- Intercoastal / Ocean
Community & HOA
- HOA Fee
- $856 / Monthly
- HOA Includes
- Common Areas / Cable Tv / Insurance / Legal Accounting / Maintenance Grounds / Pest Control / Pools / Recreation Facilities / Roof / Sewer / Trash / Water
- Association Amenities
- Bike Storage / Clubhouse / Community Kitchen / Maintenance Grounds / Laundry / Picnic Area / Pool / Parking / Sauna / Trash / Elevators
- Security
- Security System / Smoke Detectors
- Pets Allowed
- No
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Limited Number Vehicles / No Corporate Buyer / No Lease / No Rv / No Truck / No Trailer Parking
- MLS Area
- 3010
Schools
- Elementary School
- Hollywood Central
- Middle School
- Olsen
- High School
- South Broward
About the Community
Cambridge Towers Condo is an age-restricted 55+ community in Hollywood, Broward County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $219,000 to $442,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Cambridge Towers and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 3
- Median List Price
- $439,900
- Median $/Sq Ft
- $317
- Avg Days on Market
- 94
Frequently Asked Questions
- How do I schedule a tour of 1601 S Ocean Drive 501, Hollywood, FL 33019?
- Use the Tour button on this listing to request a showing of 1601 S Ocean Drive 501, Hollywood, FL 33019. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1601 S Ocean Drive 501, Hollywood, FL 33019 still available?
- 1601 S Ocean Drive 501, Hollywood, FL 33019 is currently listed as Sold, and has been on the market 778 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1601 S Ocean Drive 501, Hollywood, FL 33019?
- With 20% down ($65,980) on the $329,900 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1601 S Ocean Drive 501, Hollywood, FL 33019 is about $1,734/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1601 S Ocean Drive 501, Hollywood, FL 33019?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1601 S Ocean Drive 501, Hollywood, FL 33019. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 1601 S Ocean Drive 501, Hollywood, FL 33019 have an HOA fee?
- Yes: 1601 S Ocean Drive 501, Hollywood, FL 33019 carries an HOA fee of about $856 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 1601 S Ocean Drive 501, Hollywood, FL 33019?
- 1601 S Ocean Drive 501, Hollywood, FL 33019 is zoned for Hollywood Central (elementary), Olsen (middle), South Broward (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 1601 S Ocean Drive 501, Hollywood, FL 33019?
- Often, yes. The right offer on 1601 S Ocean Drive 501, Hollywood, FL 33019 depends on how it's priced against comparable condo sales in Hollywood, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Open Florida Realty, Inc.
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 1, 2026.
$315,000
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Listed by Joel Rodriguez, Open Florida Realty, Inc.
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Recent Sales
Recently sold homes in Cambridge Towers Condo
These are the last 4 recorded closings in Cambridge Towers Condo, with the price each home actually sold for rather than what it was listed at. They closed at a median of $256 per square foot. The most recent closed on September 1, 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.
Sold$175,000
Sold · September 1, 2026
1601 S Ocean Drive 105
1 bed · 1 bath · 997 sqft · $176/sqft
$24,000 under the asking price
Sold$355,000
Sold · May 15, 2026
1601 S Ocean Drive 504
2 bed · 2 bath · 1,386 sqft · $256/sqft
$34,000 under the asking price
Sold$410,000
Sold · May 15, 2026
1601 S Ocean Drive 106
2 bed · 2 bath · 1,516 sqft · $270/sqft
$10,000 under the asking price
Sold$315,000
Sold · April 27, 2026
1601 S Ocean Drive 104
2 bed · 2 bath · 1,386 sqft · $227/sqft
$24,900 under the asking price
See every recorded sale in Cambridge Towers Condo or find out what your Cambridge Towers Condo home is worth.
