$249,000
2501 S Ocean Drive 703
Explore the area: Hollywood homes for sale · Broward County real estate
Price Check
How this price compares
- List price
- $249,000
- Price per sq ft
- $422
- Vs. nearby sales
- 14.9% below
- Days on market
- 40
This condo in Wave Condo is listed at $249,000, or $422 per square foot. It has been on the market for 40 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 14.9% below what comparable homes here actually sold for.
Estimated monthly payment
$1,309 /mo
Principal and interest only, based on $49,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $821/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $249,000
- Days on Site
- 40 Days
- Bedrooms
- 0
- Total Baths
- 1
- Full Baths
- 1
- Partial Baths
- 0
- Living Area
- 590 sqft
- Year Built
- 1968
- Property Type
- Condo
- MLS #
- A12071249
- Property Tax
- $6,774 (2025)
- HOA Fees
- $821 / Monthly
- Subdivision
- WAVE CONDO
- County
- Broward
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
Spacious furnished studio at The Wave, a beachfront building with direct beach access. Perfect as a vacation retreat, full-time residence, or investment opportunity. Enjoy resort-style amenities including a swimming pool, fitness center, convenience store on-site, valet service, 24-hour security.The unit features a walk-in closet, additional storage, and washer/dryer. One parking space included. Take advantage of strong seasonal rental potential with a minimum 3-month rental period.The building has completed its 50-year certification, and there is currently no special assessment. A great opportunity to own a furnished property directly on the beach and enjoy the South Florida lifestyle. Conveniently situated near Hollywood Broadwalk, restaurants, shopping, airports, and major highways.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 1968
- Number of Stories
- 17
- Garage Spaces
- 1
- Living Sq Ft
- 590
Interior Features
- Appliances
- Electric Range / Disposal / Microwave / Refrigerator
- Cooling
- Electric
- Heating
- Electric
- Flooring
- Ceramic Tile
- Interior Features
- Elevator / Walk In Closets
- Windows
- Blinds
- Furnished
- Furnished
Exterior Features
- Construction
- Block
- Exterior Features
- Other
- Waterfront
- Yes
- Waterfront Features
- Ocean Access / Ocean Front / Other
- View
- Ocean / Other
Community & HOA
- HOA Fee
- $821 / Monthly
- HOA Includes
- Common Areas
- Association Amenities
- Elevators / Fitness Center / Playground / Sauna / Spa Hot Tub
- Security
- Security System / Elevator Secured / Fire Sprinkler System / Secured Garage Parking / Smoke Detectors
- Pets Allowed
- No
- Financing Terms
- Cash / Conventional
- MLS Area
- 3010
This home's HOA fee works out to $821 a month, 22% 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
- Median List Price
- $380,000
- Median $/Sq Ft
- $510
- Avg Days on Market
- 171
Frequently Asked Questions
- How do I schedule a tour of 2501 S Ocean Drive 703, Hollywood, FL 33019?
- Use the Tour button on this listing to request a showing of 2501 S Ocean Drive 703, 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 703, Hollywood, FL 33019 still available?
- 2501 S Ocean Drive 703, Hollywood, FL 33019 is currently listed as Active, and has been on the market 40 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 703, Hollywood, FL 33019?
- With 20% down ($49,800) on the $249,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 2501 S Ocean Drive 703, Hollywood, FL 33019 is about $1,309/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 703, 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 703, 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 703, Hollywood, FL 33019 have an HOA fee?
- Yes: 2501 S Ocean Drive 703, Hollywood, FL 33019 carries an HOA fee of about $821 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 703, Hollywood, FL 33019?
- 2501 S Ocean Drive 703, 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 703, Hollywood, FL 33019?
- Often, yes. The right offer on 2501 S Ocean Drive 703, 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 Miami Realty Network USA, LLC.
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 August 30, 2026.
$249,000
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Listed by Yamile Zayed, Miami Realty Network USA, LLC.
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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.
