Skip to content
1601 S Ocean Drive 506, Hollywood, FL 33019
Active
76 Days on Market
Loading photos…
All Listings

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.

2
Bedrooms
2
Bathrooms
1,471
Living Sq Ft
1969
Year Built

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 estimate

Listing 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 Tour

General 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

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
View all 3 homes for sale in Cambridge Towers →
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

Interested in This Property?

Contact us to schedule a showing or ask a question.

Re: 1601 S Ocean Drive 506, Hollywood, FL 33019

By submitting you agree to our Privacy Policy and Terms of Use.

Own a home near this one? See what it would sell for today

Listed by Robert B Benson, Redfin Corporation

More Homes in CAMBRIDGE TOWERS CONDO

View the Community →

Similar Listings in Hollywood

All Hollywood Homes →