Back Apt 922/2501 S Ocean Dr
Off Market

Apt 922/2501 S Ocean Dr

Hollywood FL 33019

1
1
745 sq. ft.
Condo
Last sold for $350,000
Scott RivelliScott Rivelli, last sold this property on 17 December 2020 after 737775 days on market.

Overview

Spectacular direct oceanfront view from this 9th floor condo with glass rail balcony that is perfect to enjoy ocean views and breezes. The building, grounds, pool and gym are that of a luxury world class resort including concierge, complimentary beach service, clubhouse, valet parking, convenience store, business center and more. Perfect for investors, a vacation home or your lifestyle. Pet friendly (2 pets allowed up to 40 lbs) Can be rented 3 times per year for no less than 90 days each time. Long term tenant occupied leased through July 31, 2021. INVESTOR NOTE: Tenant willing to stay on and extend lease beyond July 2021 Tenant current rent is $1, 950.00 with an increase to $2, 000.00 on February-1-2021 through the balance of lease term to July-31-2021. Tenant has been in the unit for 3 years and would like to renew the lease in July 2021 if Investor/Buyer is interested in continuing the tenant relationship.

Features

1 bedroom
1 bathroom
745 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 1 bedroom condos sold in Hollywood over the last 12 months, the estimated median property value of Apt 922/2501 S Ocean Dr is $340k.

Median value
$340k
Estimated value range
$303 - $645k
Median days on market
87
Estimated value trend
-6%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Hollywood. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for Apt 922/2501 S Ocean Dr

2020
Sold
$350,000
17 Dec 2020 by Scott Rivelli, of Charles Rutenberg Realty, Fort Lauderdale

Happy sellers in Hollywood

90%
90% of sellers in Hollywood reported that their sale price either exceeded or met their price expectations.

Hollywood stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 15 reviews in Hollywood over the last 12 months.

Local market activity for 1 bedroom condos in Hollywood

In the last 12 months, 132 one-bedroom condos similar to Apt 922/2501 S Ocean Dr, have been sold.

This represents a 8% increase in one-bedroom condos sales when compared to the previous 12 months.

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