NOT LISTED FOR SALE

2501 N Ocean Dr Unit 708 Hollywood, FL 33019

Central Beach Neighborhood

Estimated Value: $399,929 - $453,000

1 Bed
1 Bath
745 Sq Ft
$845/mo HOA Fee

Last Sold April 21, 2023

Last sale price $440,000 $591 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $3,790/month

22 Days on Market

Highlights

  • Valet Parking
  • Fitness Center
  • Community Pool
  • Ocean Front
  • Clubhouse
  • Formal Dining Room

About This Home

As of April 2023

BREATHTAKING OCEAN, INTRACOASTAL, AND CITY VIEWS FROM THIS SPACIOUS AND BEAUTIFUL 1 BED/ 1 BATH UNIT. RIGHT ON THE BEACH. OCEAN FRONT, LUXURIOUS BUILDING. FRESHLY PAINTED WITH A WASHER /DRYER COMBO INSIDE THE UNIT FOR YOUR CONVENIENCE, 1 STORAGE SPACE & 1 VALET PARKING INCLUDED. HOA INCLUDES INTERNET, CABLE, WATER AND AC. THIS IS A LUXURIOUS AND RENOVATED BUILDING WITH RESORT STYLE AMENITIES: BEACH SERVICE, FITNESS CENTER, YOGA STUDIO, PARTY ROOM, POOL & JACUZZI, CAFE POOLSIDE, BUSINESS CENTER, GAME ROOM, VALET, CONCIERGE AND SECURITY 24/7. MONTHLY HOA INCLUDES INTERNET, CABLE, WATER AND AC. GREAT FOR INVESTORS. CAN BE RENTED RIGHT AWAY! (MINIMUM 90 DAYS / 4 TIMES A YEAR). PET FRIENDLY BUILDING. LOCATED NEAR RESTAURANTS, SHOPS, ENTERTAINMENT AND FT. LAUDERDALE AIRPORT. EASY TO SHOW!

Last Agent to Sell the Property

Raquel Mendoza

Cassa Realty Group, LLC License #3438416 Listed on: 02/13/2023

Co-Listed By

Silvana Carpintero

Cassa Realty Group, LLC License #3224801

Last Buyer's Agent

Silvana Carpintero

Cassa Realty Group, LLC License #3224801

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,582

Year Built

  • Built in 1968 | Remodeled

Lot Details

  • Ocean Front
  • Northeast Facing Home

HOA Fees

  • $845 Monthly HOA Fees

Parking

  • Secured Garage or Parking

Property Views

  • Direct Ocean
  • Intracoastal

Home Design

  • Entry on the 7th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 745 Sq Ft Home
  • Blinds
  • Formal Dining Room
  • Storage Room
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Trash Compactor

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access
  • Balcony

Additional Features

  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 514224AL1790

Community Details

Overview

  • 551 Units
  • High-Rise Condominium
  • Wave Condo
  • Wave Condo,The Wave Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • 16-Story Property

Amenities

  • Valet Parking
  • Trash Chute
  • Clubhouse
  • Community Center
  • Party Room
  • Laundry Facilities
  • Secure Lobby
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Dogs Allowed

Security

  • Security Guard
  • Secure Elevator
  • High Impact Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,582

Year Built

Built in 1968 | Remodeled

Lot Details

0

HOA Fees

$845 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1968
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: CASS01
  • Co List Office Phone: 786-973-4057
  • Directions: 95 TO HALLENDALE BEACH BLVD. EAST TO A1A/OCEAN DRIVE.HEAD NORTH AND BUILDING WILL BE ON RIGHT.
  • Entry Level: 7
  • Garage Yn: No
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: WAVE CONDO,The Wave
  • Year Built Details: Condo-Conversion
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Other, Walk-In Closet(s), Storage
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 745
  • Possible Use: Unknown/Withheld
  • Stories: 16
  • Window Features: Complete Impact Glass, Blinds, High Impact Windows
  • Bedroom Features: Other
  • Dining Room Features: Formal Dining
  • Living Room Features: Storage Room
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Intracoastal View, Ocean View, Direct Ocean
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Northeast
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: WAVE CONDO
  • Parking Features: Other, Valet, Limited # Of Vehicle, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Smoke Detector, Elevator Secure, Secured Garage/Parking, Guard At Site, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 845
  • Amenities: Clubhouse-Clubroom, Laundry, Community Room, Elevator(s), Exercise Room, Storage, Pool, Spa/Hot Tub, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 514224AL1790
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Dogs OK

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7582

Multi Family

  • Number Of Units In Community: 551
  • Number Of Units Total: 551

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2023
Closed on
Jun 15, 2023
Sold by
Saluzzo Llc
Bought by
Saluzzo Llc
Seller's Agent
Raquel Mendoza
Cassa Realty Group, LLC
Buyer's Agent
Silvana Carpintero
Cassa Realty Group, LLC
List Price
$449,000
Sold Price
$440,000
Premium/Discount to List
-$9,000
-2%
Views
49
Current Estimated Value
$415,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,518
Avg. Annual Appreciation
-2.11%

Purchase Details

Listed on
Feb 13, 2023
Closed on
Apr 18, 2023
Sold by
Freedman Evan
Bought by
Saluzzo Llc
Seller's Agent
Raquel Mendoza
Cassa Realty Group, LLC
Buyer's Agent
Silvana Carpintero
Cassa Realty Group, LLC
List Price
$449,000
Sold Price
$440,000
Premium/Discount to List
-$9,000
-2%
Views
49

Purchase Details

Closed on
Nov 16, 2006
Sold by
Domenech Alejandro L and Sossa Ridda F
Bought by
Freedman Evan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 2004
Sold by
2501 Ocean Lp
Bought by
Domenech Alejandro L and Sossa Ridda F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,300
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Saluzzo Llc -- None Listed On Document
Saluzzo Llc $440,000 None Listed On Document
Freedman Evan $365,000 Hibiscus Title Ii Llc
Domenech Alejandro L $239,400 Resource Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Freedman Evan $265,000
Previous Owner Domenech Alejandro L $227,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2023 04/21/23 Sold $440,000 -2.0% $591 / Sq Ft
03/07/2023 03/07/23 Pending -- -- --
02/13/2023 02/13/23 For Sale $449,000 -- $603 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,224 $422,340 $42,230 $380,110
2024 $5,381 $423,150 $42,320 $380,830
2023 $5,381 $280,710 $0 $0
2022 $7,582 $343,560 $0 $0
2021 $6,848 $312,330 $31,230 $281,100
2020 $6,690 $304,310 $30,430 $273,880
2019 $6,614 $303,820 $30,380 $273,440
2018 $6,017 $294,970 $29,500 $265,470
2017 $5,298 $242,180 $0 $0
2016 $5,293 $236,990 $0 $0
2015 $2,642 $151,430 $0 $0
2014 $2,606 $150,230 $0 $0
2013 -- $194,290 $19,430 $174,860
Source: Public Records

Agents Affiliated with this Home

  • Raquel Mendoza

    Seller's Agent in 2023

    Raquel Mendoza

    Cassa Realty Group, LLC

    (786) 356-7442

    1 in this area

    5 Total Sales

    Raquel Mendoza
    Section Image
  • Silvana Carpintero

    Seller Co-Listing Agent in 2023

    Silvana Carpintero

    Cassa Realty Group, LLC

    (786) 973-4057

    2 in this area

    26 Total Sales

    Silvana Carpintero
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11339232

MIAMI REALTORS® MLS

APN: 51-42-24-AL-1790

Florida Broward County Hollywood 33019 Central Beach

2501 N Ocean Dr Unit 708, Hollywood, FL

Not Listed for Sale

Condos

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