777 N Ocean Drive N507Hollywood, FL 33019

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