1701 S Ocean Dr, #702, Hollywood, FL, 33019 | $489,999

Indulge in opulence and relaxation at this exquisite 2-bedroom, 2-bathroom beachfront condo unit, ideal for your ultimate vacation retreat or dream residence. Revel in breathtaking ocean vistas from both your bedroom windows and private balcony. The unit boasts expansive living spaces and well-appointed bedrooms featuring built-in closets. Total SqFt 1, 520. Recent enhancements to the building include a brand-new roof, balconies, railings, pool, and barbecue area, ensuring a heightened sense of luxury. Additional conveniences include common laundry rooms and a club room, elevating the overall living experience. This building has successfully obtained its 40/50-year certification, attesting to its structural integrity and longevity. The association has reserves. No assessment is pending.

Features

  • Heating: Central
  • Cooling: Central Air
  • Levels: 10
  • Amenities: Laundry,Barbecue,Picnic Area,Elevator(s)
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Common Area
  • Complex: WELLINGTON TOWERS CONDO
  • Year Built: 1968
  • Common Charge: $833 Monthly
  • Approx Sq. Feet: 1,320
  • Est. Taxes: $7,737
  • View: Intercoastal,Ocean
  • Water Front: Yes
  • Pets Allowed: Yes
  • Pet Policy: Conditional,Yes
  • Appliances: Electric Range,Microwave,Refrigerator,Humidifier
  • MLS#: A11505814
  • Days on Market: 354 days
  • Website: https://www.raveis.com
    /prop/A11505814/1701soceandr_hollywood_fl?source=qrflyer
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Listing courtesy of REAL ESTATE EMPIRE GROUP, INC.   Phone: 305-592-1588

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
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  • Has access to hundreds of loan programs, all at competitive rates
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860.690.5052

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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1701 S Ocean Dr, #702, Hollywood, FL, 33019

$489,999

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $391,999 $391,999 $391,999
Term 360 months 360 months 180 months
Initial Interest Rate** 7.375% 7.125% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.474% 7.282% 6.412
Monthly Tax Payment $645 $645 $645
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,707 $2,641 $3,334
Total Monthly Payment $3,427 $3,361 $4,054

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.