We receive numerous inquiries for the Diplomat Residences in Hollywood. It has been a while since we provided an update on this Oceanfront Condo so here is a look at the current activity as well as a look at the activity for the past 6 months.
- There are currently 33 units on the market/ 24% of the building is for sale
- There are a total of 135 units in the building
- Prices being offered range from $759,900 to $2,299,000
- In the Past 6 months there has been 7 closed sales
- 6 of the 7 units that sold were sold at a price within 5%-10% of the asking price
- Closed sales have ranged from $317 per square foot to a high of $652 per square foot
- Closed sales were for units that ranged in size from 2458 sq.ft. to 3178 sq.ft.
- As of today there are 3 units that are under contract but have not closed as of yet
Although there are many units on the market, sellers are getting pretty close to the asking price. Many of these units have had numerous price decreases.
As you can see by the number of units that closed and the number of units that have gone to contract… there are buyers out there taking advantage of luxury oceanfront condo opportunities.! Diplomat Condos for Sale.
Tags: diplomat hollywood condos, diplomat oceanfront condo, diplomat residences
