Downtown Hollywood is getting a luxury boost. Alta Developers has officially launched sales for Gaia Residences, an 18-story condominium tower at 401 North Federal Highway. This new development blends high-end living, wellness-focused design, and prime location into one of the most anticipated new condo projects in Hollywood, FL.
With 238 condos ranging from studios to three-bedroom units, Gaia Residences offers buyers a rare opportunity to own in one of South Florida’s fast-growing real estate markets. Prices start in the $400,000s, with square footage ranging from 564 to 1,300 square feet.
Alta Developers, a Miami-based real estate firm known for its luxury and wellness-centered projects, acquired the 2.42-acre site in 2021 for $23 million. The property was originally proposed as a 452-unit apartment complex. However, the team pivoted to condos, citing easier financing through pre-sales and the rising cost of construction.
Inside Gaia Residences in Hollywood
Each unit at Gaia Residences is designed with modern living in mind. Buyers can choose from:
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Studios
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One-bedroom condos
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Two-bedroom layouts
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Three-bedroom residences
Prices begin in the $400,000s, making this one of the more accessible luxury developments in the area. Units range from 564 to 1,300 square feet, allowing options for young professionals, retirees, or families looking to buy into Hollywood FL condos for sale.
And because short-term rentals are restricted, the building is expected to attract more permanent residents, creating a stronger sense of community within the tower.
The building was designed by CFE Architects, with interiors by ID & Design International.
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Amenities of Gaia Residences in Hollywood
One of the biggest selling points of Gaia Residences in Hollywood is the 72,000 square feet of amenities focused on wellness and lifestyle.
Buyers will enjoy:
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A full health club with yoga and pilates studios
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A spa with steam rooms and saunas
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A rooftop sky lounge with ocean views
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An expansive pool deck with wet bar and grills
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Coworking areas and a media room
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Club room for residents to socialize
This wellness-focused setup taps into a growing trend across South Florida real estate where health, balance, and lifestyle are as important as location and square footage.
Why Did Alta Developers Switch from Rentals to Condos at Gaia Residences in Hollywood?
When Alta Developers initially proposed the site, it was for a 452-unit apartment building. But due to rising construction costs and financing difficulties, the team made a strategic move to condos.
In today’s market, lenders are more comfortable financing condo projects when developers can prove interest through pre-sales. This makes Gaia Residences more feasible financially and positions the building as a longer-term solution for residents looking to own property in Hollywood FL.
This strategy mirrors other trends across the region, as developers shift from rental-only high-rises to more ownership-driven projects.
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Other Major Projects Reshaping Hollywood
Gaia Residences is just one part of a broader transformation happening in Downtown Hollywood. Several other developments are underway:
1. 21 Hollywood
A 13-story mixed-use project with about 200 apartments and 10,000 sq. ft. of retail space. This project emphasizes urban-style living and includes wellness amenities like a pool deck and gym.
2. The Tropic
An 18-story apartment tower with 224 units, targeting both workforce and market-rate renters. With a focus on affordability and shared amenities like a rooftop deck and coworking spaces, it’s part of a new class of community-centered buildings.
3. Hollywood City Redevelopment Site
The City of Hollywood is exploring plans to redevelop a 10-acre public-private site downtown. Proposals include multifamily housing, retail, civic buildings, and office space.
These projects reflect strong demand and investor confidence in Hollywood’s long-term growth.
FAQs About Gaia Residences in Hollywood
Are short-term rentals allowed at Gaia Residences in Hollywood, FL?
No. Short-term rentals are not allowed at Gaia Residences. This restriction helps foster a more stable and community-oriented environment for full-time residents, making it an ideal choice for those seeking a permanent home in Downtown Hollywood.
What luxury amenities are offered at Gaia Residences?
Gaia Residences in Hollywood features over 72,000 square feet of wellness-centered amenities, including:
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Yoga and pilates studios
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Full-service spa with steam rooms and saunas
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Rooftop sky lounge with ocean views
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Resort-style pool with wet bar and barbecue grills
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Coworking spaces and media room
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Club room for social events
These amenities are designed to support a healthy, balanced lifestyle for residents.
What are the condo prices and unit sizes at Gaia Residences?
Units at Gaia Residences Hollywood range from 564 to 1,300 square feet. Pricing starts in the mid-$400,000s, depending on unit size, floor level, and views. Buyers can choose from studios, one-bedroom, two-bedroom, and three-bedroom floor plans.
Looking to Buy at Gaia Residences in Hollywood?
If you’re considering buying a unit at Gaia Residences in Hollywood or want to explore other Hollywood condos for sale, it's smart to work with local experts who know the area best.
Contact The Mastropieri Group Realtors® at (561) 544-7000 for insider knowledge, pricing guidance, and help securing the best unit for your lifestyle and budget. As trusted real estate agents in Hollywood FL, our team is ready to guide you through every step of the buying process.
