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2501 S Ocean Dr, Hollywood FL 33019

Penthouse For Sale
$438,000

BTC: 6.68702290

ETH: 243.33333333

-$40K (2026/04/17)
339 days
Waterfront
1 bds
1 ba
835 sqft

Overview

Welcome to Penthouse 39 -1BD/1.5BA – Ideal Investment or Vacation Home! Top-floor unit with beautiful partial ocean and Intracoastal views. This bright and spacious 1-bedroom, 1.5-bath residence features an open layout and a private balcony perfect for enjoying the coastal breeze. HOA covers all utilities—water, cable, internet, A/C, and more! Rent up to 4 times per year, offering strong income potential. Located in a full-service waterfront building with resort-style amenities including pool, hot spa, gym, beach access, and 24/7 security. Rare opportunity—don’t miss it!

Location

Details

Type:
Residential
Parking:
Valet
Year Built:
1968
Lot:
No Data
Heating:
Central
Price/sqft:
$525
Cooling:
Central Air
HOA:
$1,055

Valuation

Our model vs. what's actually selling nearby.
Estimate
$319,000
$166K – $460K
Confidence Low
List vs. estimate
$119K above estimate
List $438,000 · +37.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$524
-15.8% vs. city median $623
Based on
45 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$9,035
2024
HOA
$1,055/mo
View
Intracoastal View, Ocean View
Waterfront
Ocean Front
Furnished
Furnished
Pets
Restrictions Or Possible Restrictions
All facts and features
  • Flooring

    • Ceramic Floor

    • Parquet

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Microwave

    • Refrigerator

    • Washer

    Other interior features

    • Elevator

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Bathrooms: 1

    • Full bathrooms: 1

  • Parking

    • Valet

    Property

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 514224AL5510

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $1,055

    • HOA Frequency: Monthly

    • Annual tax amount: $9,035

  • Source details

    • MLS ID: A11815780

    Other facts

    • Construction Materials: Concrete Block Construction

    • Patio And Porch Features: Open Balcony

    • Window Features: High Impact Windows

    • Architectural Style: Penthouse

    • Waterfront: Yes

    • Living Area: 835

    • Subdivision Name: WAVE CONDOMINIMUM

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Optimar International Realty