777 N Ocean Drive N507, Hollywood, FL 33019
$470,000 · Closed
- 1 bed
- 1 bath
- 747 sq ft
- Condominium
- Built 2017
- HOA $1,323/mo
- MLS# A12011192
- Costa Hollywood Condo
About this home
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 entirely.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
Features
- Courtyard
- Balcony
- Ocean Front
Schools
- Elementary: Hollywood Central
- Middle: Olsen
- High: South Broward
Presented by
BreakThru Realty · (786) 914-1017
Courtesy of
Urban Select Realty · Listing agent: Jose Miori
Schedule a showing
Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 777 N Ocean Drive N507.
Questions About 777 N Ocean Drive N507
- How much is 777 N Ocean Drive N507?
- 777 N Ocean Drive N507 is listed at $470,000, which is about $629 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
- What are the association fees at 777 N Ocean Drive N507?
- The listing reports an association fee of $1,323 per month. Confirm what the fee covers, the reserve funding and any pending special assessments before you make an offer; for a condo, ask for the milestone inspection report as well.
- What are the property taxes on 777 N Ocean Drive N507?
- The listing reports annual property taxes of $8,978 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
- When was 777 N Ocean Drive N507 built?
- 777 N Ocean Drive N507 was built in 2017 and the listing describes its condition as . Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
- How long has 777 N Ocean Drive N507 been on the market?
- 777 N Ocean Drive N507 has been listed for 49 days. Days on market and price changes are the first signals of how much room there is to negotiate.
- Is 777 N Ocean Drive N507 waterfront?
- Yes. The listing describes the water as none ocean front. For a home with dockage, confirm the water depth at low tide, the seawall condition and whether the route to the inlet passes under any fixed bridges before you offer.
- Which schools serve 777 N Ocean Drive N507?
- The MLS lists Hollywood Central (elementary), Olsen (middle), South Broward (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
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The 1 bedroom condo at 777 N Ocean Drive N407, Hollywood, FL 33019 is comparable and listed for sale at $465,000. Another comparable condo, 3901 S Ocean Drive 3U, Hollywood, FL 33019, sold for $355,000 in September 2026. Other Hollywood neighborhoods include Hillcrest and Hollywood Lakes. Nearby ZIP codes include 33020 and 33021. This property also neighbors Aventura, Sunny Isles Beach, and Fort Lauderdale. Compare it with the Hollywood housing market report.