2007 North Ocean Drive

Local assessors in Hollywood, FL have categorized 2007 North Ocean Drive as a commercial type of property. The home was built in 1947 and is 77 years old. It was most recently renovated and altered in 1981. The property's lot size has been calculated to be 10,677 square feet. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2007 North Ocean Drive has a total of 5,459 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. 2007 North Ocean Drive is a 3 code building. This code stands for "buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame". Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable or hip style roof that was made of tar and gravel. Lots of concrete block were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2007 North Ocean Drive was last sold in Dec 15, 2021 for $4,250,000. According to our calculations, that's $778.53 per sqft. Prior to that sales transaction, the property was sold for $807,500 in Nov 1, 2013. Current property owners are expected to pay $81,429 in taxes per year. The property on 2007 North Ocean Drive was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $3,697,320. To break that down further, the land itself was valued at $481,210. While improvements to the property were assessed at a total of $3,216,110. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.