The Wave, located at 2501 S Ocean Dr, sits in Hollywood, FL, right at the intersection of Collins Avenue and Hallandale Beach Boulevard. This high-rise building has 551 stories and offers 275 units. Each unit ranges from 480 to 1,300 square feet. The Atlantic Ocean provides stunning views, along with the Intracoastal and skyline vistas.
Constructed in 1968, the building features spacious balconies and hurricane-proof windows. Open-concept kitchens come with tile floors and granite countertops. Prices for the units range from $800,000 to $850,000. In the last 12 months, the lowest sold price was around $252,000, while the average closed price sits at $445,190. The average price per square foot is $565.
The building includes a variety of amenities that cater to different needs. Residents can enjoy a resort-style pool deck, a fitness center overlooking the ocean, and a heated pool. Additional features include a Jacuzzi, barbecue areas, and a spa/hot tub. The Wave also provides pet-friendly policies for 2 pets up to 40 lbs.
The community provides plenty of entertainment and dining options nearby. Local restaurants include Aizia and Prima Vera World Inc. Residents can easily access the Hollywood Broadwalk, Aventura Mall, and Gulfstream Park. The proximity to Fort Lauderdale Airport adds to the attractiveness of this location.
Unit rental policies allow a maximum of 4 rentals each year, with each rental requiring a minimum stay of 90 days. The average days on the market for units in this building is 102. The Wave combines a lively beach atmosphere with modern comforts, making it a prime option for potential buyers.
The Wave, located at 2501 S Ocean Dr, sits in Hollywood, FL, right at the intersection of Collins Avenue and Hallandale Beach Boulevard. This high-rise building has 551 stories and offers 275 units. Each unit ranges from 480 to 1,300 square feet. The Atlantic Ocean provides stunning views, along with the Intracoastal and skyline vistas.
Constructed in 1968, the building features spacious balconies and hurricane-proof windows. Open-concept kitchens come with tile floors and granite countertops. Prices for the units range from $800,000 to $850,000. In the last 12 months, the lowest sold price was around $252,000, while the average closed price sits at $445,190. The average price per square foot is $565.
The building includes a variety of amenities that cater to different needs. Residents can enjoy a resort-style pool deck, a fitness center overlooking the ocean, and a heated pool. Additional features include a Jacuzzi, barbecue areas, and a spa/hot tub. The Wave also provides pet-friendly policies for 2 pets up to 40 lbs.
The community provides plenty of entertainment and dining options nearby. Local restaurants include Aizia and Prima Vera World Inc. Residents can easily access the Hollywood Broadwalk, Aventura Mall, and Gulfstream Park. The proximity to Fort Lauderdale Airport adds to the attractiveness of this location.
Unit rental policies allow a maximum of 4 rentals each year, with each rental requiring a minimum stay of 90 days. The average days on the market for units in this building is 102. The Wave combines a lively beach atmosphere with modern comforts, making it a prime option for potential buyers.
Description
The Wave, located at 2501 S Ocean Dr, sits in Hollywood, FL, right at the intersection of Collins Avenue and Hallandale Beach Boulevard. This high-rise building has 551 stories and offers 275 units. Each unit ranges from 480 to 1,300 square feet. The Atlantic Ocean provides stunning views, along with the Intracoastal and skyline vistas.
Constructed in 1968, the building features spacious balconies and hurricane-proof windows. Open-concept kitchens come with tile floors and granite countertops. Prices for the units range from $800,000 to $850,000. In the last 12 months, the lowest sold price was around $252,000, while the average closed price sits at $445,190. The average price per square foot is $565.
The building includes a variety of amenities that cater to different needs. Residents can enjoy a resort-style pool deck, a fitness center overlooking the ocean, and a heated pool. Additional features include a Jacuzzi, barbecue areas, and a spa/hot tub. The Wave also provides pet-friendly policies for 2 pets up to 40 lbs.
The community provides plenty of entertainment and dining options nearby. Local restaurants include Aizia and Prima Vera World Inc. Residents can easily access the Hollywood Broadwalk, Aventura Mall, and Gulfstream Park. The proximity to Fort Lauderdale Airport adds to the attractiveness of this location.
Unit rental policies allow a maximum of 4 rentals each year, with each rental requiring a minimum stay of 90 days. The average days on the market for units in this building is 102. The Wave combines a lively beach atmosphere with modern comforts, making it a prime option for potential buyers.
2501 S Ocean Dr Key Stats Last 12 months
Avg. Listed Price$380,578($552/Sqft.)
Avg. Sale Price$448,628($573/Sqft.)
Year over year list price20.17%
Year over year sale price1.43%
Total Listings27 Listed
Total sold11 Sold
Average Days on Market128 days
Average HOA fees per sqft$1 /monthly
Key Stats
Year over year list price20.17%
Year over year sale price1.43%
Total Listings27 Listed
Total sold11 Sold
Average Days on Market128 days
Average HOA fees per sqft$1 /monthly
Glen Gardens Estate Availability & Demand
Unit Availability
High
High availability buildings list units frequently.
Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.
Unit Demand
Medium
Units in high-demand buildings sell quicker.
Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.
Step outside your unit and discover the amazing amenities that come with living here. Enjoy a peaceful day at the heated pool or unwind at the private beach pavilion — perfect for weekend relaxation. Fitness enthusiasts will appreciate the exercise room, basketball court, and tennis courts, ensuring an active lifestyle can flourish. If you prefer socializing, the cabana, clubhouse, and barbecue area provide the perfect spots to enjoy with friends and neighbors. Kids can play at the children's play area, while professionals will benefit from the business center for meetings or work-from-home days.
Amenities Description
Step outside your unit and discover the amazing amenities that come with living here. Enjoy a peaceful day at the heated pool or unwind at the private beach pavilion — perfect for weekend relaxation. Fitness enthusiasts will appreciate the exercise room, basketball court, and tennis courts, ensuring an active lifestyle can flourish. If you prefer socializing, the cabana, clubhouse, and barbecue area provide the perfect spots to enjoy with friends and neighbors. Kids can play at the children's play area, while professionals will benefit from the business center for meetings or work-from-home days.
Parking
Locker
Concierge
Elevator(s)
Central AC
Pool
Fitness Center
Visitors Parking
Amenities
Elevator(s)
Barbecue
Hobby Room
Exercise Room
Bike Storage
Pool
Community Room
Private Pool
Fire Alarm
Security System
TV Camera
Laundry
Tennis Court(s)
Spa/Hot Tub
Sauna
Business Center
Storage
Bar
Balcony
Valet
Smoke Detector(s)
Library
Policies
For pet lovers, you’ll be glad to hear that dogs under 20 pounds are welcome! The building promotes a friendly atmosphere where restrictions are minimal, making it easier for you to settle in.
Pet Allowed
BBQ Permitted
Sublet Allowed
Short-term Rental Allowed
Compare with Buildings in the Neighbourhood (Last 12 Months)
Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby
Building Name
Avg price per square foot
AVG HOA FEE per square foot (Monthly)
2501 S Ocean Dr
$573/sqft.
$1 /sqft.
2501 S Ocean Dr
$593/sqft.
$1 /sqft.
2401 S Ocean Dr
$381/sqft.
$2 /sqft.
2600 S Ocean Dr
$296/sqft.
$2 /sqft.
2301 S Ocean Dr
$391/sqft.
$2 /sqft.
2711 S Ocean Dr
$814/sqft.
$1 /sqft.
Nearby Schools
2501 S Ocean Dr is located near several schools throughout Hollywood. Schools within a 2-mile radius provide dependable access for families. Convenient proximity supports smoother daily routines. This location enhances residential comfort.
Wonderland Montessori Academy
--
Private|Grades PK–TKG
500 N Federal Hwy|1.57 miles away
Sunshine State Academy
--
Private|Grades PK–2
1308 S Federal Hwy|1.6 miles away
Hollywood Central Elementary School
C-
Public|Grades KG–5
1700 Monroe St|1.66 miles away
Gulfstream Academy of Hallandale Beach
--
Public|Grades 6–8
|1.68 miles away
Hollywood Academy of Arts & Science
A
Public|Grades KG–5
1705 Van Buren St|1.71 miles away
Hollywood Academy of Arts and Science Middle School
A
Public|Grades 6–8
1705 Van Buren St|1.71 miles away
Schools
What to know about schools
Description
2501 S Ocean Dr is located near several schools throughout Hollywood. Schools within a 2-mile radius provide dependable access for families. Convenient proximity supports smoother daily routines. This location enhances residential comfort.
Wonderland Montessori Academy
--
Private|Grades PK–TKG
500 N Federal Hwy|1.57 Miles Away
Sunshine State Academy
--
Private|Grades PK–2
1308 S Federal Hwy|1.60 Miles Away
Hollywood Central Elementary School
C-
Public|Grades KG–5
1700 Monroe St|1.66 Miles Away
Gulfstream Academy of Hallandale Beach
--
Public|Grades 6–8
|1.68 Miles Away
Hollywood Academy of Arts & Science
A
Public|Grades KG–5
1705 Van Buren St|1.71 Miles Away
Hollywood Academy of Arts and Science Middle School
A
Public|Grades 6–8
1705 Van Buren St|1.71 Miles Away
Transit
Located in a transit-friendly area of Hollywood, 2501 S Ocean Dr provides easy access to nearby public transportation. Within a 2-mile radius, Bus support smooth and efficient travel. Reliable transit connectivity improves commuting experiences. This location promotes accessibility and urban convenience.
A1A/# 1849 - (Hallandale) South City Beach Park
1 miles away|20 min walk
A1A/# 1889
0.97 miles away|19 min walk
A1A/# 1928
1.09 miles away|21 min walk
A1A/# 1945
1.11 miles away|22 min walk
A1A/#2030
1.3 miles away|25 min walk
A1A/# 2091
1.38 miles away|27 min walk
Transit
What to know about transit
Description
Located in a transit-friendly area of Hollywood, 2501 S Ocean Dr provides easy access to nearby public transportation. Within a 2-mile radius, Bus support smooth and efficient travel. Reliable transit connectivity improves commuting experiences. This location promotes accessibility and urban convenience.
South Central Beach sits along the Fort Lauderdale coastline near popular beach blocks. Hugh Taylor Birch State Park offers trails, beaches, and shaded picnic sites. Fort Lauderdale Beach Park provides open sand, a boardwalk, and public green space. Jungle Queen Riverboat runs sightseeing cruises from the riverfront. Bonnet House Museum & Gardens preserves gardens and offers historic house tours near the shore. Restaurants like Coconuts and Bubba Gump Shrimp Co. serve seafood and casual meals to locals and tourists. Bars such as Elbo Room and Shooters Waterfront host drinks and live music at night. Broward County Transit buses link the beach to other parts of the county. Tri-Rail and Brightline provide regional rail service from nearby stations. Sun Trolley operates local shuttle routes along the beach corridor. Hotels and small shops ring the shoreline and offer basic services for guests. Developers built many mid rise condos while older single family homes sit near the park. This district sees a steady flow of visitors and quiet periods in the evenings. Demographic reports show that people aged 60 to 64 form the largest group and two person households make up the largest household type.
Neighbourhood Description
South Central Beach sits along the Fort Lauderdale coastline near popular beach blocks. Hugh Taylor Birch State Park offers trails, beaches, and shaded picnic sites. Fort Lauderdale Beach Park provides open sand, a boardwalk, and public green space. Jungle Queen Riverboat runs sightseeing cruises from the riverfront. Bonnet House Museum & Gardens preserves gardens and offers historic house tours near the shore. Restaurants like Coconuts and Bubba Gump Shrimp Co. serve seafood and casual meals to locals and tourists. Bars such as Elbo Room and Shooters Waterfront host drinks and live music at night. Broward County Transit buses link the beach to other parts of the county. Tri-Rail and Brightline provide regional rail service from nearby stations. Sun Trolley operates local shuttle routes along the beach corridor. Hotels and small shops ring the shoreline and offer basic services for guests. Developers built many mid rise condos while older single family homes sit near the park. This district sees a steady flow of visitors and quiet periods in the evenings. Demographic reports show that people aged 60 to 64 form the largest group and two person households make up the largest household type.
This neighborhood indicates a good mix of people which makes it a good place for families. About 9.28% are children aged 0–14, 12.38% are young adults between 15–29, 15.75% are adults aged 30–44, 19.9% are in the 45–59 range and 42.69% are seniors aged 60 and above.
Commuting options are also varying where 80.52% of residents relying on driving, while others prefer public transit around 0.35%, walking around 2.22%, biking around 0.3%, allowing residents to choose travel modes that best fit their daily routines.
Most homes in the area are with 69.2% of units owner occupied and 30.8% are rented.
The neighborhood offers different household types. About 12.92% are single family homes and 1.8% are multi family units. Around 43.67% are single-person households, while 56.33% are multi person households. This mix works well for families, roommates, and individuals.
Education levels in the neighborhood vary widely where 26.1% of residents have bachelor’s degrees. Around 19.78% have high school or college education. Another 8.88% hold diplomas while 22.08% have completed postgraduate studies. The remaining are 23.17% with other types of qualifications.
Demographics Description
This neighborhood indicates a good mix of people which makes it a good place for families. About 9.28% are children aged 0–14, 12.38% are young adults between 15–29, 15.75% are adults aged 30–44, 19.9% are in the 45–59 range and 42.69% are seniors aged 60 and above.
Commuting options are also varying where 80.52% of residents relying on driving, while others prefer public transit around 0.35%, walking around 2.22%, biking around 0.3%, allowing residents to choose travel modes that best fit their daily routines.
Most homes in the area are with 69.2% of units owner occupied and 30.8% are rented.
The neighborhood offers different household types. About 12.92% are single family homes and 1.8% are multi family units. Around 43.67% are single-person households, while 56.33% are multi person households. This mix works well for families, roommates, and individuals.
Education levels in the neighborhood vary widely where 26.1% of residents have bachelor’s degrees. Around 19.78% have high school or college education. Another 8.88% hold diplomas while 22.08% have completed postgraduate studies. The remaining are 23.17% with other types of qualifications.
Age Demographics
0–14 Years
9.28%
15–29 Years
12.38%
30–44 Years
15.75%
45–59 Years
19.9%
60+ Years
42.69%
Commute
0.35%
Transit
2.22%
Walk
80.52%
Drive
0.3%
Bike
Housing Ownership
69.2%
Owner Occupied
30.8%
Rental Units
Household Types
Single Family
12.92%
Multi Family
1.8%
Single Person
43.67%
Multi Person
56.33%
Average Income
Household:$6,572,105.92 /yr
Individual:$4,921,776.02 /yr
Education
Bachelors Degree26.1%
High School College19.78%
Diploma8.88%
Post Graduate22.08%
Others23.17%
Education
Diploma8.88%
Post Graduate22.08%
Others23.17%
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