$226,000
2501 S Ocean Drive 427
Explore the area: Hollywood homes for sale · Broward County real estate
Price Check
How this price compares
- List price
- $226,000
- Price per sq ft
- $383
- Vs. nearby sales
- 22.8% below
- Days on market
- 457
This condo in Wave Condo is listed at $226,000, or $383 per square foot. The asking price has come down 9.2% from its original $249,000. It has been on the market for 457 days. The 6 most recent condo sales in the closings shown below sold at a median of $496 per square foot, so the asking price is 22.8% below what comparable homes here actually sold for.
Estimated monthly payment
$1,188 /mo
Principal and interest only, based on $45,200 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $785/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $226,000
- Days on Site
- 457 Days
- Bedrooms
- 0
- Total Baths
- 1
- Full Baths
- 1
- Partial Baths
- 0
- Living Area
- 590 sqft
- Total Sq Ft
- 590 sqft
- Year Built
- 1968
- Property Type
- Condo
- MLS #
- A11835924
- Property Tax
- $5,336 (2024)
- HOA Fees
- $785 / Monthly
- Subdivision
- WAVE CONDO
- County
- Broward
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
Just reduced to sell !! Best price in the building ! Investor-friendly studio in a prime Hollywood Beach location! Fully furnished, with direct beach access, a resort-style pool, and a fully equipped gym—offering the perfect blend of comfort and convenience. The building features 24/7 doorman security for a safe and welcoming environment. Ideal for investors or those looking for a vacation getaway. Flexible 3-12 month leases make it easy to rent. The unit includes a walk-in closet, extra storage, and an in-unit washer/dryer combo. Maintenance covers all amenities, cable TV, WiFi, and one parking space. Fully certified for 50 years, with no current special assessments. Don’t miss this opportunity!
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 1968
- Property Condition
- Resale
- Number of Stories
- 17
- Garage Spaces
- 1
- Parking
- Valet
- Living Sq Ft
- 590
- Total Sq Ft
- 590
Interior Features
- Appliances
- Electric Range / Microwave / Refrigerator / Washer
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Ceramic Tile
- Interior Features
- Bedroom On Main Level
Exterior Features
- Construction
- Block
- Pool Features
- Heated
- Waterfront Features
- None / Ocean Front
- View
- Other
Community & HOA
- HOA Fee
- $785 / Monthly
- HOA Includes
- Common Areas / Cable Tv / Hot Water / Internet / Maintenance Grounds / Sewer / Trash / Water
- Association Amenities
- Billiard Room / Bike Storage / Business Center / Clubhouse / Fitness Center / Pool / Parking / Spa Hot Tub / Storage
- Security
- Secured Garage Parking / Lobby Secured / Security Fence
- Utilities
- Cable Available
- Pets Allowed
- Dogs Ok / Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Ok To Lease
- MLS Area
- 3010
This home's HOA fee works out to $785 a month, 26% below the $1,054 median across 25 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
- 25
- Under Contract
- 0
- Median List Price
- $380,000
- Median $/Sq Ft
- $510
- Avg Days on Market
- 173
Frequently Asked Questions
- How do I schedule a tour of 2501 S Ocean Drive 427, Hollywood, FL 33019?
- Use the Tour button on this listing to request a showing of 2501 S Ocean Drive 427, 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 427, Hollywood, FL 33019 still available?
- 2501 S Ocean Drive 427, Hollywood, FL 33019 is currently listed as Active, and has been on the market 457 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 427, Hollywood, FL 33019?
- With 20% down ($45,200) on the $226,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 2501 S Ocean Drive 427, Hollywood, FL 33019 is about $1,188/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 427, 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 427, 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 427, Hollywood, FL 33019 have an HOA fee?
- Yes: 2501 S Ocean Drive 427, Hollywood, FL 33019 carries an HOA fee of about $785 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 427, Hollywood, FL 33019?
- 2501 S Ocean Drive 427, 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 427, Hollywood, FL 33019?
- Often, yes. The right offer on 2501 S Ocean Drive 427, 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 Florida Capital Realty
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 June 23, 2026.
$226,000
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Listed by Bernardo Sbardella, Florida Capital Realty
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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.
