
$395,000
1601 S Ocean Drive 506
Explore the area: Hollywood homes for sale · Broward County real estate
Price Check
How this price compares
- List price
- $395,000
- Price per sq ft
- $269
- Vs. nearby sales
- 18.5% above
- Days on market
- 76
This 2-bedroom condo in Cambridge Towers Condo is listed at $395,000, or $269 per square foot. The asking price has come down 3.7% from its original $410,000. It has been on the market for 76 days. The 5 most recent condo sales in the closings shown below sold at a median of $227 per square foot, so the asking price is 18.5% above what comparable homes here actually sold for.
Estimated monthly payment
$2,076 /mo
Principal and interest only, based on $79,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $999/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $395,000
- Days on Site
- 76 Days
- Bedrooms
- 2
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 1,471 sqft
- Total Sq Ft
- 1,471 sqft
- Year Built
- 1969
- Property Type
- Condo
- MLS #
- B26049632
- Property Tax
- $8,345 (2025)
- HOA Fees
- $999 / Monthly
- Subdivision
- CAMBRIDGE TOWERS CONDO
- County
- Broward
- Status
- Active
- Special Conditions
- Standard
About This Property
Rare opportunity to own a spacious 1,500 sq. ft. 2BR/2BA beachfront condo with breathtaking direct ocean views at an exceptional value! Relax on the oversized wrap-around balcony and enjoy panoramic ocean and Intracoastal vistas. Located on a quiet private street just minutes (approximately 30 yards) from the wide sandy beaches of Hollywood Beach, with easy biking access to the Hollywood Boardwalk, restaurants, entertainment, and just a short drive to casinos and regional shopping. This well-maintained and professionally managed 55+ community offers a tranquil beach front environment and has completed required inspections; all current assessments have been paid, and no major capital expenditures are anticipated. Move right in or renovate to create your dream beachfront retreat. Features include an updated kitchen with granite countertops, white cabinetry, dishwasher, refrigerator, microwave, range, and built in home office with computer workstation. Spacious primary suite offers a large walk-in closet and private bath. Additional highlights include impact windows and doors, neutral tile flooring throughout, brand-new central A/C, new water heater, abundant storage, and an unbeatable location. Whether you're seeking a full-time residence, seasonal getaway, or investment in future value, this home offers outstanding potential. Priced aggressively for immediate sale, don't miss this exceptional opportunity!
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 1969
- Property Condition
- Resale
- Number of Stories
- 11
- Levels
- One
- Parking
- Assigned / Asphalt / Guest
- Direction Faces
- East
- Lot Size (Acres)
- 0
- Living Sq Ft
- 1,471
- Total Sq Ft
- 1,471
- Structure Type
- Multi Family
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- RM-25-SCB
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Microwave / Refrigerator / Washer
- Cooling
- Central Air / Electric
- Heating
- Central / Electric
- Flooring
- Tile
- Interior Features
- Living Dining Room / Split Bedrooms / Tub Shower
- Laundry
- In Unit / Washer Dryer Install Allowed
- Windows
- Blinds
- Main Level Bedrooms
- 2
- Main Level Baths
- 2
- Furnished
- Unfurnished
Exterior Features
- Construction
- Block
- Roof
- Other
- Architectural Style
- Traditional
- View
- Ocean / Water
Community & HOA
- HOA Fee
- $999 / Monthly
- HOA Includes
- Common Areas / Recreation Facilities
- Association Amenities
- Maintenance / Trash
- Security
- Building Security
- Utilities
- Cable Connected / Electricity Connected / Sewer Connected / Water Connected
- Pets Allowed
- No
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Buyer Approval Required
- MLS Area
- 3010
This home's HOA fee works out to $999 a month, 17% above the $854 median across 3 homes for sale in Cambridge Towers Condo. See Cambridge Towers Condo HOA fees
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 506, Hollywood, FL 33019?
- Use the Tour button on this listing to request a showing of 1601 S Ocean Drive 506, 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 506, Hollywood, FL 33019 still available?
- 1601 S Ocean Drive 506, Hollywood, FL 33019 is currently listed as Active, and has been on the market 76 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 506, Hollywood, FL 33019?
- With 20% down ($79,000) on the $395,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1601 S Ocean Drive 506, Hollywood, FL 33019 is about $2,076/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 506, 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 506, 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 506, Hollywood, FL 33019 have an HOA fee?
- Yes: 1601 S Ocean Drive 506, Hollywood, FL 33019 carries an HOA fee of about $999 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 506, Hollywood, FL 33019?
- 1601 S Ocean Drive 506, 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 506, Hollywood, FL 33019?
- Often, yes. The right offer on 1601 S Ocean Drive 506, 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 Redfin Corporation
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 19, 2026.
$395,000
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Listed by Robert B Benson, Redfin Corporation
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Recent Sales
Recently sold homes in Cambridge Towers Condo
These are the last 5 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 $227 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$315,000
Sold · June 1, 2026
1601 S Ocean Drive 501
2 bed · 2 bath · 1,444 sqft · $218/sqft
$14,900 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.







