1601 S Ocean Dr, #1101, Hollywood, FL, 33019 | $450,000

Hollywood Mid-Century Mid-Rise Charmer on the Beach.
Hollywood is booming! Own a place on Hollywood Beach while it's still affordable. Fishing, golfing, beaching and boating all nearby. Cambridge Towers has the convenience of Publix just down the block, the beach right out the back door and the beautiful Hollywood Broadwalk entrance within view. Take a fabulous drive down Hollywood Boulevard to the vibrant downtown for a change of pace or the famous Gulfstream Park for entertainment and excitement.
With a location just above bustling Miami and the Keys, and just below Fort Lauderdale and the Palm Beaches, placing world-class entertainment, travel options, and magical adventures within easy reach. This two bedroom penthouse apartment is ready for a refresh or walk-in enjoyment of the mid-century décor, unable to replicate. Either way, it’s a gem on the beach.
Cambridge Towers top floor views of natural vistas including the intercoastal waterway, the ocean and nearby parks as well as vibrant nighttime cityscapes make this an ideal spot for the best South Florida has to offer. The wrap-a-round balcony captures all the magnificence in the area.
The relaxing coastal lifestyle awaits—don’t miss out on this opportunity to own a delightful apartment in one of South Florida’s most desirable areas!
55 and over, No renting, Service animals welcome

Features

  • Heating: Central,Electric
  • Cooling: Central Air,Electric
  • Levels: 11
  • Amenities: Bike Storage,Fitness Center,Barbecue,Picnic Area,Pool,Elevator(s)
  • Bedrooms: 2
  • Baths: 2 full
  • Complex: CAMBRIDGE TOWERS CONDO
  • Year Built: 1969
  • Common Charge: $854 Monthly
  • Approx Sq. Feet: 1,444
  • Est. Taxes: $8,109
  • View: Intercoastal,Ocean
  • Adult Communities: Yes
  • Water Front: Yes
  • Pets Allowed: No
  • Appliances: Dryer,Dishwasher,Electric Range,Microwave,Refrigerator,Washer
  • MLS#: A11745473
  • Days on Market: 279 days
  • Website: https://www.raveis.com
    /prop/A11745473/1601soceandr_hollywood_fl?source=qrflyer
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Listing courtesy of KELLER WILLIAMS EAGLE REALTY   Phone: 305-757-1700

William Raveis Family of Services

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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!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@raveis.com

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

1601 S Ocean Dr, #1101, Hollywood, FL, 33019

$450,000

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 $360,000 $360,000 $360,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.375% 5.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.571% 6.533% 5.668%
Monthly Tax Payment $676 $676 $676
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,130 $2,246 $2,918
Total Monthly Payment $2,881 $2,997 $3,669

* 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.