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777 N Ocean Drive #N507

Hollywood, FL 33019

$470,000 $1,981/Mo

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Overview

Bed

Bath

747

Sqft

Description

Costa Hollywood Beach Resort N507 — turnkey 1BR/1BA furnished corner residence with wraparound balcony, 5th floor Tower N. Designed for international owners seeking a Hollywood Beach base to use several times a year and rent short-term when away.Continuous wraparound balcony spans direct Atlantic Ocean exposure and intracoastal sunset views — a rare configuration within Costa Hollywood inventory. Long-term tenancy and primary owner residency are NOT permitted per condo declaration; short-term and transient occupancy only.City of Hollywood vacation rental license required — license is non-transferable; buyer applies fresh post-closing (~2-4 week process). Costa Hollywood is among the limited Hollywood inventory where short-term rentals are permitted; most zoning districts prohibit STR entir ely.Designer interior with white quartz countertops, Smeg induction cooktop and oven, designer cabinetry, primary suite with king bed and ensuite designer bath, full-size in-unit washer/dryer, fitted closet system. HOA $1,323/mo INCLUDES water, electricity, hot water, building insurance, common areas, elevator, pool, sewer — no separate utility bills.Amenities: rooftop infinity pool, Sunset Bar, fitness center, 24-hr concierge, self-parking, controlled access, direct beach connection to Hollywood Beach and 2.5-mile Broadwalk. 10 min to Aventura Mall and FLL.Sold furnished LISTING OVERVIEWUnit N507 at Costa Hollywood Beach Resort is a turnkey 1BR/1BA furnished corner residence with continuous wraparound balcony, positioned for the international second-home buyer, 1031 exchange buyer, or vacation property investor seeking a Hollywood Beach base that operates as a professional short-term rental when the owner is not in residence.The residence is on the 5th floor of Tower N (the building's residential tower), with quiet intracoastal-facing exposure and partial water views. Walking distance to Hollywood Beach and the 2.5-mile Broadwalk. The residence is sold fully furnished per inventory, with a documented short-term rental history under professional management.CARRYING COSTS (VERIFIED)HOA: $1,210/month — includes water, electricity, hot water, building insurance, common areas, elevator, pool service, and sewer (no separate utility bills for owner)2025 Property Tax: $7,809.41Insurance (estimated HO-6): ~$1,000/year — buyer to obtain quote during due diligenceCOMPLIANCE & USE RESTRICTIONSResidential condominium (BCPA Use Code 04) — operates condo-hotel-style under condo association rulesLong-term tenancy (180+ days) is not permitted per condo documentsShort-term and transient rentals are permitted; owner personal use is permitted within condo declaration limitsShort-term rentals require a standard City of Hollywood vacation rental license — the license is NON-TRANSFERABLE; the new owner must apply for a fresh license after closing (typical 2-4 week process). Annual renewalCosta Hollywood is among the limited Hollywood inventory where STR is permitted — most Hollywood zoning districts prohibit short-term rentals entirelyFEMA Flood Zone AE — buyer to confirm flood insurance requirementsFIRPTA disclosures apply for foreign sellers at saleBuyer's counsel to review condo declaration during due diligence to verify exact use restriction languageUNIT FEATURES1 bedroom, 1 bathroom, 699 SF (per BCPA)King-size primary bedroom, designer headboardDesigner bathroom with premium fixturesFull kitchen with stone countertops, stainless appliances, electric range, ovenOpen living/dining with seating for sixIn-unit washer hookup, designer wood-look flooring throughoutSmart TVs, high-speed Wi-Fi, full cableFurnished turnkey per inventory listBUILDING & RESORT AMENITIESRooftop infinity pool with panoramic viewsSunset Bar — restaurant and cocktails on-siteFull fitness center with commercial-grade equipmentOn-property bike rentals24-hour staffed front desk and conciergeSelf-parking in secure garageKey-card entry, controlled building access, on-site securityLOCATIONSteps to Hollywood Beach and Broadwalk. 10 minutes to Aventura Mall, Gulfstream Park, and Fort Lauderdale-Hollywood International Airport. 20 minutes to Las Olas / Fort Lauderdale. 25 minutes to Miami Beach, Wynwood, and Miami International Airport.FINANCING NOTESConventional Fannie/Freddie financing eligibility for this BCPA Use Code 04 building depends on the building's current warrantability status and reserve funding — buyer to verify with lender during due diligence. Cash, portfolio, and seller financing structures are typically used. Seller may consider seller financing with 50% down — flexible terms negotiable.PROPERTY DETAILSYear Built: 2017Living Area: 699 SFConfiguration: 1 BR / 1 BAFloor / Tower: 5th Floor, Tower NView: Intracoastal / Partial WaterFurnished: Yes (turnkey)Short-Term Rental: PermittedCity VRL License: Required — non-transferable; new owner applies fresh post-closingLong-Term Tenancy (180+ days): Not PermittedParking: Self-parking, secure garage, secure garage

Property Details

Property Type : Residential

Price : $470,000

AD Id : 77886525

MLS Id : A12011192

Beds : 1

Living Area Size : 747

Year Built : 2017

Garage : 1

County : Broward

Subdivision: Hollywood Beach

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 1

Bathroom Information

Total Baths: 1 Full Baths: 1

Flooring Information

Vinyl
Interior Features

BedroomOnMainLevel, LivingDiningRoom, SeparateShower

Appliances: Dishwasher, ElectricRange, Microwave, Refrigerator, Washer
Heating & Cooling

Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: CentralAir, Electric

Building Information

Year Built: 2017

Building Area Total: 747

Construction Materials: Block

Patio And Porch Features: Open, Balcony

Pool Features: Association

Private Pool: No

Water front Features: None,OceanFront

View: Ocean

Association Fee Frequency: Monthly
Exterior Features

Exterior Features: Balcony, Courtyard, OutdoorLivingArea

Listing Price Information

Listing Price: $470000

Cash, Conventional

Tax Information

Parcel Number: 514213AN2060 Tax Year: 2025 Annual Tax: $8978 Tax Legal Desc: COSTA HOLLYWOOD CONDO UNIT N507 PER CDO CIN# 114737550

Garage Information

Has Garage: Yes Garage Space: 1 Pets Allowed: PetRestrictions, Yes

Homeowners Association Information

Has Association: Yes

Included Fees: CableTv, MaintenanceStructure, Sewer, Security, Trash, Water

HOA: $1,323.00

Association Amenities: Elevators, FitnessCenter, Laundry, Pool

School Information

Elementary School: Hollywood Central Junior High School: Olsen Senior High School: South Broward
Utility Information

CableAvailable
Location Information

Direction: Enter on Filmore St, make an immediate left into the tunnel to park. Front desk is at the left end of the tunnel. Security Features: ElevatorSecured,FireAlarm,KeyCardEntry,LobbySecured,SmokeDetectors

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
2711 S Ocean Drive #3602, Hollywood, FL, 33019	$5,800,000	5	7	5,086	5,086 SqFt
3724 S Ocean Dr #405, Hollywood, FL, 33019	$995,000	1	1	9,458	9,458 SqFt
4010 S Ocean Dr #R2604, Hollywood, FL, 33019	$749,000	3	2	1,129	1,129 SqFt
4010 S Ocean Dr #T3502, Hollywood, FL, 33019	$888,000	2	2	1,075	1,075 SqFt
4111 S Ocean Drive #304, Hollywood, FL, 33019	$595,000	1	1	653	653 SqFt
3101 S Ocean Dr #3506, Hollywood, FL, 33019	$1,689,000	3	4	2,115	2,115 SqFt
1410 S Ocean Dr #804, Hollywood, FL, 33019	$399,995	2	2	1,288	1,288 SqFt
2501 S Ocean Drive #809, Hollywood, FL, 33019	$500,000	--	1	482	482 SqFt
4111 S Ocean Dr #2712, Hollywood, FL, 33019	$726,000	1	1	869	869 SqFt
3001 S Ocean Drive #207, Hollywood, FL, 33019	$275,000	1	1	883	883 SqFt

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777 N Ocean Drive #N507

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