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$597,000

Beds
1
Baths
1.5
sq ft
835

2501 S Ocean Dr Unit 907, Hollywood, FL 33019

2501 S Ocean Dr Unit 907

Hollywood, FL 33019

  • 130 days on market
    • Price drop $2,000↓
This luxurious condo offers breathtaking ocean views from every room, with a spacious terrace providing stunning vistas of the ocean and city. Recently renovated, the unit features brand-new appliances, including a high-efficiency washer, dryer, and an in-unit sauna. Fully furnished and move-in ready, it also includes hurricane-proof windows. The Wave lifestyle offers top-notch amenities: a newly remodeled pool deck, a Jacuzzi, and a state-of-the-art gym overlooking the ocean. Complimentary beach services add to the experience. Ideal for investors or as a vacation home, with rental flexibility up to four times per year (90-day minimum). Pet-friendly, allowing two pets (40 lbs each). This condo at The Wave combines convenience, luxury, and style—truly a rare find. S.A. $1150 per 12mo

Details

Property type

Condominium

Est. home value

$473,493

Lot size

Unknown

Price per sq ft

$715

Year built

1968

Annual property taxes

$9,874

Monthly HOA fee

$1,063

Price History

10/20/2024
SEF

SEF #A11641823

Price change
$597,000
-0.33%
08/31/2024
SEF

SEF #A11641823

Price change
$599,000
-3.39%
08/15/2024
SEF

SEF #A11641823

Listed
$620,000
+33.33%

Schools & Community

Neighborhood: 

South Central Beach

Elementary school: 

Hollywood Centl

Middle school: 

Olsen

High school: 

Hallandale High

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

$185,197
Asking price
$597,000
Closing costs (~8% of asking)
-$47,760
Est. remaining loan balance
-$364,043
Cash to seller
$185,197

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

Seller’s Loan History

Lender

Citadel Servicing Corporation

Loan start date

March 2023

Original loan amount

$372,000

Est. remaining balance

$364,043

Interest rate

6.15%

Loan type

New Conventional, 30 year

Seller

Svetlana Tsarukaeva

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: 12/23/2024 at 1:40 PM

Listing updated: 10/20/2024 at 5:49 PM

Listed by: Denys Rudovol, Trust Invest Real Estate Corp Phone #: (844) 414-4488

MLS: SEF #A11641823

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