$395,000
2501 S Ocean Drive 1407
Explore the area: Hollywood homes for sale · Broward County real estate
Price Check
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.
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.
Customize this estimateListing 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 linkGeneral 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
About the Community
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
Frequently Asked Questions
- 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.
$395,000
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Listed by Richard Daniel Flor, Keller Williams Elite Properties
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Recent Sales
Recently sold homes in Wave Condo
These are the last 6 recorded closings in Wave Condo, 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.
Sold$370,000
Sold · September 4, 2026
2501 S Ocean Drive 414
1 bed · 1 bath · 745 sqft · $497/sqft
$29,000 under the asking price
Sold$215,000
Sold · August 21, 2026
2501 S Ocean Drive 1032
0 bed · 1 bath · 486 sqft · $442/sqft
$4,900 under the asking price
Sold$845,000
Sold · July 13, 2026
2501 S Ocean Drive 1525
2 bed · 2 bath · 1,198 sqft · $705/sqft
$24,000 under the asking price
Sold$455,000
Sold · June 24, 2026
2501 S Ocean Drive 1614
1 bed · 1 bath · 745 sqft · $611/sqft
$24,000 under the asking price
Sold$240,500
Sold · June 3, 2026
2501 S Ocean Drive 719
0 bed · 1 bath · 486 sqft · $495/sqft
$4,400 under the asking price
Sold$220,000
Sold · April 22, 2026
2501 S Ocean Drive 532
0 bed · 1 bath · 486 sqft · $453/sqft
$9,000 under the asking price
See every recorded sale in Wave Condo or find out what your Wave Condo home is worth.









