Hollywood Beach, FL 330019 Luxury Condo Market Report 2023

By
Commercial Real Estate Agent with Trans State Commercial Realty Inc. 0516472

 

Hollywood Beach, FL 330019 Luxury Condo Market Report September 2023

 

Hollywood Luxury Condo Market Report September 2023

 

8 Closed Sales in excess of $1.0MM

56 Days to Contract

pending sales down 33%

Can you see yourself walking up and down the broad walk right now?

Can you smell the salt air?

Plenty of small restaurants and a band shell with live music.

North end of the beach is the quiet side with Villas of Positano, Hollywood Towers, Southside Hyde Beach Sage BeachHyde Beach, Sage Beach and older luxury Hollywood Beach condos available for purchase and sale.

15 minutes north to the Fort Lauderdale Hollywood International Airport

Downtown Hollywood Boulevard boasts restaurant row and 4 new high rise towers and another one coming out of the ground

The city of Hollywood was founded by Joseph Young

the dream city in 1920!

IF you have a desire to own an historical home, you will not be disappointed.

2020 marked the one hundred year anniversary of Hollywood By The Sea.

IF seaside life is your wish, THEN call me to locate the perfect condo or home here in Hollywood Beach, FL 33019

 

 

 

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Comments (9)

Ed Silva, 203-206-0754
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

Supply doesn't seem to have kept up with demand in this report as 8 condos sold and only 2 new came on market.

Oct 21, 2023 09:25 AM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good afternoon Eileen,

Love, love the main photo! Really captures the lifestyle of Hollywood Beach on the boardwalk! Hot market..not enough inventory.

Oct 21, 2023 09:52 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Eileen Burns 954.483.3912 you live in a beautiful area.  I hope inventory increases so more Buyers have an opportunity to purchase a property there.

Oct 21, 2023 01:51 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Eileen looks like the whole country is having supply issues and next two months will not get better, Endre

Oct 21, 2023 11:18 PM
Eileen Burns 954.483.3912
Trans State Commercial Realty Inc. - Fort Lauderdale, FL
FLorida Real Estate Connector

Ed (Edward) Silva, 203-206-0754 interesting this luxury market.  These are beachfront condos. No more land available for new towers. The pre construction market which starts at $3.0MM is selling off the beach.  😎

Oct 22, 2023 06:55 AM
Eileen Burns 954.483.3912
Trans State Commercial Realty Inc. - Fort Lauderdale, FL
FLorida Real Estate Connector

Dorie Dillard Austin TX not enough new construction for the luxury market.  Checked by county for $10MM to $100M and there are 65 homes available.  I am south county.  Lots of waterfront homes off the beach up and down the coast.

Oct 22, 2023 06:58 AM
Eileen Burns 954.483.3912
Trans State Commercial Realty Inc. - Fort Lauderdale, FL
FLorida Real Estate Connector

Only hope is resales less than $1.0MM or new construction beginning at $3.0MM😎

Oct 22, 2023 06:58 AM
Eileen Burns 954.483.3912
Trans State Commercial Realty Inc. - Fort Lauderdale, FL
FLorida Real Estate Connector

Endre Barath, Jr. yet another cycle to live through😎 and prosper when we shift

Oct 22, 2023 07:00 AM
Kathy Schowe
California Lifestyle Realty - La Quinta, CA
La Quinta, California 760-333-8886

Eileen Burns 954.483.3912 ,  I appreciate how you not only present the current market stats- but mix in compelling local info!  You know how to present local market info like a queen!  Kathy

Oct 27, 2023 09:40 AM