2201 S Ocean Dr, #2805, Hollywood, FL, 33019 | $589,000

Fantastic corner penthouse featuring 2 bedrooms and 2 full bathrooms completely updated in the heart of Hollywood Beach, unique L balcony provides ocean and intracoastal views. Most recent updates: impact windows & doors (2018), don't worry with hurricane shutters, water heater (2018), well equipped kitchen & master bedroom with walking closet and upgraded bathroom. Second bedroom has a big closet and direct access to balcony, could also be a great office space with ocean views. Building already passed 40 Yr recertification process. Direct beach access, steps from the Hollywood broadwalk, 2 large heated pools, restaurant, gym, sauna, valet service for guests 24 hs, secured front desk, access with biometrics. Basic cable TV included, close to Aventura Mall, Gulfstream Park and dining spots!

Features

  • Heating: Central
  • Cooling: Central Air,Ceiling Fan(s)
  • Levels: 28
  • Amenities: Billiard Room,Business Center,Fitness Center,Playground,Pool,Sauna,Storage,Elevator(s)
  • Bedrooms: 2
  • Baths: 2 full
  • Complex: QUADOMAIN TOWER I AND IV
  • Year Built: 1974
  • Common Charge: $2,938 Quarterly
  • Approx Sq. Feet: 1,100
  • Est. Taxes: $8,857
  • View: Canal,Intercoastal,Ocean
  • Water Front: Yes
  • Pets Allowed: No
  • Appliances: Dishwasher,Electric Range,Electric Water Heater,Microwave,Other,Refrigerator
  • MLS#: A11708826
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/A11708826/2201soceandr_hollywood_fl?source=qrflyer
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Listing courtesy of Related ISG Realty, LLC.   Phone: 305-932-6365

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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
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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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2201 S Ocean Dr, #2805, Hollywood, FL, 33019

$589,000

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 $471,200 $471,200 $471,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.443% 7.133% 6.256%
Monthly Tax Payment $738 $738 $738
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,175 $3,132 $3,974
Total Monthly Payment $4,005 $3,962 $4,804

* 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.