2501 S Ocean Drive 703, Hollywood, FL 33019

New Listing

$249,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12071249

Property Type: Residential Baths: 1 Square Footage: 590 Status: Active

Current Price: $249,000 List Date: 8/14/2026 Last Modified: 8/14/2026

Overview

Description

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.

Listing Details MLS# A12071249

General Property Information

Unit Floor #: 7
Property Sub Type: Condominium
Bathrooms Total: Yes
Bathrooms Full: Yes
Living Area Main: 590
Year Built: 1968
Garage YN: Yes
Garage Spaces: Yes
Covered Spaces: Yes
Senior Community YN: No
Waterfront YN: Yes
Stories Total: 17
Furnished: Furnished

Property Features

Application Information: 1-2 Weeks Approval Association Fee Includes: Common Areas Exterior Features: Other Flooring: Ceramic Tile Appliances: Disposal; Electric Range; Microwave; Refrigerator Construction Materials: Block Cooling: Electric Association Type: Condominium Heating: Electric Interior Features: Elevator; Walk-In Closet(s) Listing Terms: Cash; Conventional Pets Allowed YN: No Possession: Close Of Escrow Restrictions: Auto Parking On Road Frontage Type: East of US-1 Security Features: Elevator Secure; Fire Sprinkler System; Secured Garage/Parking; Security System; Smoke Detector(s) Special Information: Sold As-Is Tax Information: City/County Unit Description: Studio View: Other Water Access: Ocean Access; Other Water View: Ocean Waterfront Features: Ocean Front Window Features: Blinds Showing Requirements: Call Listing Agent

Contract Information

Comp Sale YN: No
Original List Price: 249000
Occupant Type: Vacant

Location and Legal

Country: United States
County Or Parish: Broward
County Parish Name: Broward
Street Number: 2501
Street Direction Prefix: S
Street Name: Ocean
Street Suffix: Drive
Unit Number: 703
City Name: Hollywood
State Or Province: FL
Postal Code: 33019
Postal Code +4: 2610
Postal Zip: 33019
Subdivision Name: WAVE CONDO
Area: 3010
Geographic Area: HWCE - Hollywood Central (3070-3100)
Elementary School: Hollywood Central
Middle Or Junior School: Olsen
High School: Hallandale
Special Assessment YN: No
Parcel Number: 514224AL1740
Flood Zone: AE,VE

Financial Information

Association YN: Yes
Association Fee: 821
Association Fee Frequency: Monthly
Application Required YN: Yes
Estimated Monthly Assoc Recurring Fee: 821
Membership Fee Required YN: No
Tax Annual Amount: 6774
Tax Year: 2025
Tax Legal Description: THE WAVE CONDO UNIT 703 PER CDO BK 37647 PG 867

Status Change Information

Major Change Timestamp: 2026-08-14T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-08-14

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 100

Parking Information

Open Parking Spaces: Yes

Leasing Restrictions

Leasing - Max Times Per Year: 4
Leasing - Minimum Number of Days: 90

Price Calculations

Current Price To SqFt: 422.03

Section Details

Parcel Number MLX: 1740

Originating Details

Originating System Key: 550498304
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Application Information

1-2 Weeks Approval: Yes

Amenities

Elevator(s): Yes
Fitness Center: Yes
Lobby: Yes
Playground: Yes
Sauna: Yes
Spa/Hot Tub: Yes

Association Fee Includes

Common Areas: Yes

Exterior Features

Other: Yes

Flooring

Ceramic Tile: Yes

Possession

Close Of Escrow: Yes

Special Information

Sold As-Is: Yes

View

Other: Yes

Heating

Electric: Yes

Unit Description

Studio: Yes

Water Access

Ocean Access: Yes
Other: Yes

Water View

Ocean: Yes

Window Features

Blinds: Yes

Appliances

Disposal: Yes
Electric Range: Yes
Microwave: Yes
Refrigerator: Yes

Construction Materials

Block: Yes

Interior Features

Elevator: Yes
Walk-In Closet(s): Yes

Listing Terms

Cash: Yes
Conventional: Yes

Road Frontage Type

East of US-1: Yes

Security Features

Elevator Secure: Yes
Fire Sprinkler System: Yes
Secured Garage/Parking: Yes
Security System: Yes
Smoke Detector(s): Yes

Waterfront Features

Ocean Front: Yes

Cooling

Electric: Yes

Association Type

Condominium: Yes

Showing Requirements

Call Listing Agent: Yes

Pets Allowed YN

No: Yes

Restrictions

Auto Parking On: Yes

Tax Information

City/County: Yes

Listing Office: Miami Realty Network USA, LLC.

Last Updated: August - 14 - 2026

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2501 S Ocean Drive 703, Hollywood, FL 33019 (MLS# A12071249)