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$777,000

Beds
2
Baths
2.0
sq ft
1,198

2501 S Ocean Dr Unit 536, Hollywood, FL 33019

2501 S Ocean Dr Unit 536

Hollywood, FL 33019

  • <1 day on market
Immerse yourself in luxury with this stunning, fully renovated 2-bedroom 2 bathrooms, completed in 2023, boasting breathtaking ocean views. Step onto the expansive wraparound balcony and soak in the serene coastal scenery. Hurricane-impact windows ensure safety and tranquility. Stylish open-concept kitchen, high-end appliances, perfect for entertaining or a quiet meal with the ocean as your backdrop. Walk-in closets. The Wave, one of the most sought-after buildings on the beach, features a resort-style pool deck with lush palms, tranquil fountains, a Jacuzzi, and a gym overlooking the ocean. Enjoy complimentary beach service. A fantastic opportunity for investors or those seeking the ultimate vacation retreat, with rental flexibility up to four times per year. Pet-friendly.

Details

Property type

Condominium

Est. home value

$572,401

Lot size

Unknown

Price per sq ft

$649

Year built

1968

Annual property taxes

$11,537

Monthly HOA fee

$1,487

Price History

03/19/2025
SEF

SEF #A11766408

Listed
$777,000
-2.26%
03/18/2025
SEF

SEF #A11721017

Removed
$795,000
-2.93%
01/09/2025
SEF

SEF #A11656527

Removed
$819,000
+3.02%

Schools & Community

Neighborhood: 

South Central Beach

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$460,816
Asking price
$777,000
Closing costs (~8% of asking)
-$62,160
Est. remaining loan balance
-$254,024
Cash to seller
$460,816

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

March 2022

Original loan amount

$270,000

Est. remaining balance

$254,024

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Armando Eloy Espinosa

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/21/2025 at 8:50 AM

Listing updated: 03/20/2025 at 10:34 PM

Listed by: Elena Knudsen, Charles Rutenberg Realty Fort Phone #: (954) 396-3001

MLS: SEF #A11766408

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