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Under Contract
5 Days on Market
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$395,000

2501 S Ocean Drive 1407

Hollywood, FL 33019

WAVE CONDO

Explore the area: Hollywood homes for sale · Broward County real estate

How this price compares

Asking price
$395,000
Price per sq ft
$473
Vs. nearby sales
4.6% below
Days on market
5

This 1-bedroom condo in Wave Condo went under contract with an asking price of $395,000, or $473 per square foot. It spent 5 days on the market before going under contract. The 6 most recent condo sales in the closings shown below sold at a median of $496 per square foot, so the asking price was 4.6% below what comparable homes here actually sold for.

1
Bedrooms
2
Bathrooms
835
Living Sq Ft
1968
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 $1,188/mo HOA are not included.

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Listing Snapshot

Price
$395,000
Days on Site
5 Days
Bedrooms
1
Total Baths
2
Full Baths
1
Partial Baths
1
Living Area
835 sqft
Total Sq Ft
835 sqft
Year Built
1968
Property Type
Condo
MLS #
A12111883
Property Tax
$8,460 (2025)
HOA Fees
$1,188 / Monthly
Subdivision
WAVE CONDO
County
Broward
Status
Under Contract
Special Conditions
Listed As Is

About This Property

Experience oceanfront living at its finest at The Wave Condominium in the heart of Hollywood Beach! Perched on the 14th floor, this 1-bedroom, 1.5-bath residence offers spectacular ocean views and the opportunity to enjoy a true resort-style lifestyle, where every day feels like an extended vacation. Step outside and enjoy direct beach access, a beautifully designed resort-style pool deck, heated pool, Jacuzzi, and beach services with lounge chairs and umbrellas. The impressive collection of amenities includes a state-of-the-art fitness center, aerobics room, elegant piano room, on-site restaurant/café, salon, convenience store, expansive clubroom with bar, library, billiards room, and inviting social spaces. Additional conveniences include 24-hour security, concierge services, and valet parking. Ideally situated along Hollywood Beach, just minutes from the famous Hollywood Beach Broadwalk, waterfront dining, shopping, entertainment, Aventura Mall, and Fort Lauderdale-Hollywood International Airport. Whether you're looking for a primary residence, seasonal retreat, or your own piece of paradise, The Wave offers the perfect combination of beachfront luxury, convenience, and relaxation. Live where others vacation and experience the South Florida coastal lifestyle every single day!

MLS media link

General Features

Property Type
Condo
Status
Under Contract
Year Built
1968
Number of Stories
17
Garage Spaces
1
Living Sq Ft
835
Total Sq Ft
835

Interior Features

Appliances
Dryer / Microwave / Refrigerator / Washer
Cooling
Central Air
Heating
Central
Flooring
Tile
Interior Features
Bedroom On Main Level / Family Dining Room / Living Dining Room / Walk In Closets / Bar

Exterior Features

Construction
CBS Concrete Block Structure / Block
Exterior Features
Balcony / Outdoor Living Area
Pool Features
Association
Patio & Porch
Open / Balcony
Waterfront
Yes
Waterfront Features
Beach Access / Deeded Access / Ocean Access / Ocean Front
View
Ocean

Community & HOA

HOA Fee
$1,188 / Monthly
HOA Includes
Common Areas / Cable Tv / Internet / Maintenance Grounds / Maintenance Structure / Recreation Facilities
Association Amenities
Beach Rights / Billiard Room / Business Center / Clubhouse / Fitness Center / Maintenance Grounds / Laundry / Library / Other / Picnic Area / Pool / Parking / Sauna / Elevators
Community Features
Home Owners Association
Security
Security System / Key Card Entry / Lobby Secured
Pets Allowed
Yes
Financing Terms
Cash / Conventional
Restrictions
Ok To Lease
MLS Area
3010

This home's HOA fee works out to $1,188 a month, 13% above the $1,054 median across 27 homes for sale in Wave Condo. See Wave Condo HOA fees

Schools

Elementary School
Hollywood Central
Middle School
Olsen
High School
Hallandale

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
27
Under Contract
2
Median List Price
$350,000
Median $/Sq Ft
$495
Avg Days on Market
180
View all 27 homes for sale in Wave →
How do I schedule a tour of 2501 S Ocean Drive 1407, Hollywood, FL 33019?
Use the Tour button on this listing to request a showing of 2501 S Ocean Drive 1407, 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 2501 S Ocean Drive 1407, Hollywood, FL 33019 still available?
2501 S Ocean Drive 1407, Hollywood, FL 33019 is currently listed as Under Contract, and has been on the market 5 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 2501 S Ocean Drive 1407, 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 2501 S Ocean Drive 1407, 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 2501 S Ocean Drive 1407, Hollywood, FL 33019?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 2501 S Ocean Drive 1407, Hollywood, FL 33019. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 2501 S Ocean Drive 1407, Hollywood, FL 33019 have an HOA fee?
Yes: 2501 S Ocean Drive 1407, Hollywood, FL 33019 carries an HOA fee of about $1,188 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 2501 S Ocean Drive 1407, Hollywood, FL 33019?
2501 S Ocean Drive 1407, Hollywood, FL 33019 is zoned for Hollywood Central (elementary), Olsen (middle), Hallandale (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 2501 S Ocean Drive 1407, Hollywood, FL 33019?
Often, yes. The right offer on 2501 S Ocean Drive 1407, 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 Keller Williams Elite Properties

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 November 15, 2026.

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Listed by Richard Daniel Flor, Keller Williams Elite Properties

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