8 months on rocket

1601 S Ocean Dr Unit 501, Hollywood, FL, 33019

$439,000

Home List Price

$5,213*

Closing Credit

2 Bedrooms
2 Full Baths
1,444 SqFt
$304/SqFt
Condo

Location

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1601 S Ocean Dr Unit 501, Hollywood$439,000

Buyer Closing Credits

$5,213*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Guest, One Space
Garage1 space
Year Built1969
HeatingCentral, Electric
CoolingCentral Air, Electric
ViewIntercoastal, Ocean
MLS #A11550247
StatusActive

About 1601 S Ocean Dr Unit 501

Very close to the beach, with easy access. Welcome to your new home at Cambridge Towers, a 55+ community. Beautiful and ample 2 bed, 2 bath apartment. Enjoy a spacious and light-filled living room. Remodeled kitchen with granite countertops, and plenty of cabinet space. Enjoy nice views of the ocean, beach, and intercostal from your private balcony. The master bedroom features a bathroom and a large walk-in closet. Newer Impact windows and AC. Private Washer and Dryer. The community includes a swimming pool, sauna, community room, 1 assigned parking space, and a bicycle storage room. The 50-year condo recertification has been completed, a new roof has been installed, and NO rent is allowed in the community.

Property Details

Property Features

Property Information:

  • Year Built: 1969
  • Living Area: 1,444 SqFt

Listing Office:

  • Office Name: Open Florida Realty, Inc.
  • Office Phone: (786) 479-9255
  • Listing Agent: Joel Rodriguez

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Flooring Type: Tile
  • Interior: Sitting Area in Primary, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Intercoastal, Ocean
  • Exterior: Barbecue, Security/High Impact Doors

Parking Information:

  • Garage Space: 1 space
  • Parking: Assigned, Guest, One Space

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Price Information

Listing Price Info

Price Summary:

  • List Price: $439,000
  • Price Per SqFt: $304/SqFt

HOA Fees:

  • Amount: $856
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Hollywood, FL.

Med. Sold Price

$485K

Med. Price/SqFt

$359

Avg. Days On Market

75

# of Sold Homes

99

1601 S Ocean Dr Unit 501 vs Hollywood

253 DAYS ON ROCKET

+178 Days

$439,000

-$46K Less

$304/SqFt

-$55 Less

KEY TAKEAWAY

This property is $46K less than the Median Sold Price and $55/SqFt less than other homes in Hollywood, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11550247

Listing Office:

  • Office Name: Open Florida Realty, Inc.
  • Office Phone: (786) 479-9255
  • Listing Agent: Joel Rodriguez

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 10:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$3,115

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,383

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-748745
3
/10
  • Hollywood Central Elementary School

  • 1700 Monroe St

  • 1.56 miles

  • Public District Grades KG-5

school-card-donut-748746
10
/10
  • Hollywood Academy of Arts & Science

  • 1705 Van Buren St

  • 1.57 miles

  • Public Charter Grades KG-5

school-card-donut-748747
2
/10
  • South Broward Montessori Charter School

  • 520 NW 5th St

  • 2.40 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,119. Residents of Hollywood, FL typically earn between $35k-100k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1601 S Ocean Dr Unit 501

What is the listing price of this property?

The listing price of 1601 S Ocean Dr Unit 501 property is $439,000.

What type of property is this?

The property 1601 S Ocean Dr Unit 501 is a condo located in Hollywood, Florida, 33019.

Is this property for sale now?

Active Listing: 1601 S Ocean Dr Unit 501 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1601 S Ocean Dr Unit 501 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1601 S Ocean Dr Unit 501 is 1,444 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1601 S Ocean Dr Unit 501 is 1969.

Rocket HomesFloridaBroward CountyHollywood330191601 S Ocean Dr Unit 501

This home is located at 1601 S Ocean Dr Unit 501 in Hollywood, FL and zip code 33019 in the South Central Beach neighborhood. This 1,444 square foot home was built in 1969. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 14, 2024 and is currently priced at $439,000.

In October 2024 more than 8 listings in Hollywood, FL were sold above the asking price. During the same period more than 9 listings were sold at asking price, while more than 82 were sold below. The inventory of homes for sale in Hollywood, FL between September 2024 and October 2024 increased by 9.3%. Listings spent 75 days on the market in October 2024, and had a median list price of $485,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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