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Case files · 21 August 2026
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Josh Stein, Miami real estate associateJosh Stein
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Hollywood

Hollywood Beach, Florida — oceanfront and the Broadwalk
Hollywood Beach.

Hollywood is two and a half miles of beach, a boardwalk you can actually walk end to end, and pricing that has not caught up to Miami-Dade. It sits between Hallandale and Fort Lauderdale with an oceanfront stock that is mostly older, mostly mid-rise, and mostly cheaper per foot than anything comparable twenty minutes south.

What Hollywood Beach costs in 2026

The 33019 condominium and townhouse median is $534,900, down about 3% year over year, at a median of roughly $554 per square foot (up 2.4%), on 593 sales, up 15.6%, with average days on market at 127 — up 15%. The all-property median for the ZIP is $599,000, down 5%; single-family is $999,500, down 7%.

Look at that combination carefully: volume up 15.6%, price per foot up 2.4%, median down 3%, days on market up 15%. That is a market clearing more units at a slightly better per-foot rate while the headline median falls — which means the mix is shifting toward smaller units, not that values are collapsing.

For an earlier reference point, Hollywood Beach specifically recorded a median sale of $440,000 (down 11.1%) at $492 per square foot (up 9.0%) on 103 sales with 162 to 167 days on market, and a competitiveness score of 2 out of 100 — averaging one offer per listing. That data is from late 2025 and is now stale, but the direction has been consistent: price per foot rising, median falling, almost no competition between buyers.

The Broward condo picture, honestly stated

Broward condominium inventory is still deeply buyer-favourable at 10.1 months of supply — but it is falling, not rising. Active listings are down 17.1% year over year and supply has eased from 12.3 months a year ago. The county median is $265,000, down 1.83%, on 1,049 closed sales, up 15.5%, with 53.4% of sales in cash. The “record glut” framing you will still read is roughly a year out of date. Prices are falling while inventory falls, which is a different and weaker signal than prices falling on rising inventory. And the softness is concentrated: county median price per square foot fell 8% to $206 over the winter season, while the $1M-plus segment rose 12% per foot on 22% more sales. Two markets moving in opposite directions inside one number.

Verified 3 August 2026. Source: MIAMI REALTORS, June 2026 data, published 17 July 2026 and Condo Vultures, 7 May 2026.

Hollywood Beach oceanfront looking north along South Ocean Drive
The Icon Beach site sits on this stretch of South Ocean Drive.

What is being built

Icon Beach Waterfront Residences, 3724 South Ocean Drive — Related Group with BH Group. 350 residences across 38 storeys, one to three bedrooms from 948 to 2,580 square feet, on a $360 million construction loan from Tyko Capital secured in April 2026. Architecture by Cohen Freedman Encinosa, interiors by Meyer Davis, landscape by Witkin Hults. Construction started May 2026 with completion anticipated 2028, including 40,000 square feet of amenities with marina access and a beach club.

That is the significant one. Hollywood has not seen a tower of that scale on the beach in a long time, and it will reset the top of this market when it delivers.

Every building in Hollywood

Two and a half miles of beach, a boardwalk you can actually walk, and pricing that has not caught up to Miami-Dade. These are the buildings with pages on this site.

Hollywood buildings · 4

What every buyer on this coast needs to check in 2026

The financing rules changed on 3 August 2026. Fannie Mae’s Limited Review is gone: every condominium project with eleven or more units now requires a Full Review regardless of down payment. A unit that was financeable at 25% down last week may not be this week, purely because the association’s full financials, reserve study and insurance now get examined where previously they did not. Combined with the $50,000 per-unit master-policy deductible cap effective 1 July 2026 — which many oceanfront Broward high-rises exceed on wind coverage — the buyer’s market splits into financeable and cash-only stock. Ask for the association’s most recent lender questionnaire and its master policy declarations page before you go under contract.

Low maintenance fees are now a warning sign, not a selling point. Florida’s HB 913 allows a unit-owner-controlled association to vote to waive or reduce reserve funding recommended by its Structural Integrity Reserve Study. A building with unusually low fees may have low fees because owners deferred the funding — and that same waiver is what triggers non-warrantability under the 15% reserve requirement landing 4 January 2027. Read the reserve study, the milestone inspection, the reserve-waiver vote and 24 months of board minutes together.

Broward’s clock starts at 25 years, not 30. The county’s Building Safety Inspection Program begins at 25 years of age with re-inspection every ten, and it covers commercial as well as residential buildings — broader and earlier than the state milestone rule. A 1999-vintage oceanfront building is already inside the county programme. Buyers screening on “has it hit thirty years?” screen wrong here.

Insurance is the line item that moves budgets. Large coastal high-rise associations in Florida are running master policies of $300,000 to $2,000,000-plus a year, and associations typically allocate 25 to 35% of the operating budget to insurance. Carriers now examine structural reports and maintenance documentation at underwriting.

The Hollywood Broadwalk and beachfront at dusk
Two and a half miles of Broadwalk is the product here.

Who Hollywood suits

It suits a buyer who wants a walkable beach town rather than a beach city, and who is buying to use rather than to flip. The boardwalk, the broadwalk cafés and the scale of the place are the product.

It suits an investor only with eyes open: a competitiveness score of 2 out of 100 and 127 days on market means you will have negotiating room going in and very little going out. Buy on the assumption you hold.

Hollywood, Florida — frequently asked questions

What does a condo cost in Hollywood Beach?

The 33019 condominium and townhouse median is about $534,900, down roughly 3% year over year, at a median of around $554 per square foot — up 2.4%. Sales volume rose 15.6% over the same period while days on market rose to 127.

Is Hollywood cheaper than Miami Beach?

Substantially. Broward’s county condominium median is $265,000 against Miami-Dade’s $431,000, and Hollywood Beach’s per-foot pricing runs well under comparable Miami-Dade oceanfront. The trade-off is older stock, thinner buyer competition and slower resale.

What is being built on Hollywood Beach?

Icon Beach Waterfront Residences at 3724 South Ocean Drive — 350 residences across 38 storeys by Related Group and BH Group, on a $360 million Tyko Capital construction loan, started May 2026 and completing 2028, with 40,000 square feet of amenities, marina access and a beach club.

Sources

Inside this section

Direct line

Ask Josh a question

Tell me the building, the budget and the timeline. You will get an honest read — including when the answer is that you should not buy it.

+1 (305) 695-8257 · hello@joshsteinrealtor.comPhone or WhatsApp · English / Español · Licensed in Florida since 2002

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