Chetrit Group Acquires Hollywood Condo At 101 North Ocean Drive For $15.5M

A condo unit located at 101 North Ocean Drive in Hollywood has been sold for $15,500,000. The sale, which took place on May 13, 2022, involved a total of 102 units with an average price per unit of $151,961.

Summary of transaction details

• Property Type: Condo
• Transaction Amount: $15,500,000
• Address: 101 North Ocean Drive, Hollywood
• Market: Hollywood
• Buyer: Chetrit Group - Joseph Chetrit
• Units: 102
• Price Per Unit: $151,961

The buyer of the property is the Chetrit Group, represented by Joseph Chetrit. The transaction marks a significant milestone in the real estate market, showcasing the continuous growth and demand for high-end condominiums in Hollywood.