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2501 S Ocean Dr, Hollywood FL 33019

Penthouse For Sale
$275,000

BTC: 3.55756792

ETH: 112.29073091

-$10K (2026/08/16)
112 days
Waterfront
1 ba
590 sqft

Overview

REDUCED FOR FAST SALE!!!! Luxury Oceanfront Penthouse Studio –TENANT IN PLACE!! Investor Opportunity Rarely available and now reduced! Largest studios in the building!!!This spacious, well-furnished penthouse studio is the largest studio floor plan in the building and offers breathtaking, postcard-worthy views of both the Atlantic Ocean and the Intracoastal Waterway through its oversized window. Some photos are virtual renderings of possible redesign The unit features a fully equipped kitchen with brand-new appliances, a large walk-in closet, and an open, comfortable layout designed for both everyday living and vacation-style enjoyment. Monthly maintenance includes internet, cable, water, and valet service for added convenience. Located in one of the most desirable areas of Hollywood Beach, just minutes from the Diplomat and Trump Hollywood, this full-service oceanfront resort offers exceptional amenities, including: Oceanfront pool with stunning views Beach service On-site restaurant Fitness center Valet parking A tenant is currently in place, making this an excellent investment opportunity. The property can be purchased with the existing tenant for immediate rental income.

Location

Details

Type:
Residential
Parking:
Other / Valet
Year Built:
1968
Lot:
No Data
Heating:
Electric
Price/sqft:
$466
Cooling:
Central Air
HOA:
$790

Valuation

Our model vs. what's actually selling nearby.
Estimate
$275,000
$183K – $319K
Confidence Low
List vs. estimate
At estimate
List $275,000 · +0.0%
List is in line with recent comparable activity.
Price per sq ft
$466
-13.2% vs. city median $536
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$6,967
2026
HOA
$790/mo
View
Intracoastal View, Ocean View
Waterfront
Ocean Access, Ocean Front
Pets
Restrictions Or Possible Restrictions
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • Electric

    Cooling

    • Central Air

    Appliances

    • Disposal

    • Electric Range

    • Refrigerator

    Other interior features

    • Interior Hall

    • No Interior Features

    Bedrooms and bathrooms

    • Full bathrooms: 1

  • Parking

    • Other

    • Valet

    Property

    • Exterior Features: East Of Us1 / Other

    Other Property Information

    • Parcel Number: 514224AL5190

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $790

    • HOA Frequency: Monthly

    • Annual tax amount: $6,967

  • Source details

    • MLS ID: A12016698

    Other facts

    • Construction Materials: CBS Construction

    • Architectural Style: High Rise

    • Waterfront: Yes

    • Living Area: 590

    • Subdivision Name: WAVE CONDO

Private inquiry
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Market around this address

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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: CVR Realty