Hollywood-Hallandale Oceanfront Condos- What is Selling?

Hollywood and Hallandale Beach offer the best prices per square foot for relatively new condominiums on the ocean along the coast in South Florida. The Hollywood Hallandale Beach area has attracted many buyers because of its attractive pricing, proximity to the Fort Lauderdale International Airport, the Hollywood Broadwalk, and its Florida original character. The great buildings in Hollywood-Hallandale are the Beach Club, Diplomat Residences, Ocean Palms, Villas of Positano and Trump Hollywood.

They are all great buildings finished with floor to ceiling windows, latest state of the art kitchens and baths, full service amenities and with the footprint right on the sand. As with all condominiums along the coast, each building offers its own personality, amenities, floor plans and services.

In today’s south Florida real estate market buyers are taking advantage of low prices.  Sales are very active. The international appeal, and second home acquisitions have kept this market healthy and active. Short sales and bank owned units make up a small percentage of the data but the primary sales activity are condos sold by realistic motivated sellers.

The following great buildings fall into this group:

Here is a look at the last 6 months of sales activity in these select buildings:

Beach Club All Three Towers

Total of 1200 condominiums.

75 closed sales

19 currently under contract

$229,900-$800,000

Diplomat

135 units-29 Floors

5 closed sales

3 currently under contract

$510,000-$900,000

square footage 2157-3050

Ocean Palms

240 units- 40 floors

14 closed sales

8 currently under contract

$425,000-$1212,500

Square Footage  1773-3091

Villas of Positano

62 Units 11 floors

7 Closed Sales

$998,000- $1,685,000

Square Footage 2771-3412

Trump Hollywood, as written in my article of November 18th 2010, is the newest and most luxurious of all the buildings. Recent foreclosure and new ownership will bring many changes and opportunities. New sales have not yet been reported to the tax record.

200 Units 40 floors

$687,000-$2,789,900

Square Footage 2,088-5005


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