Hollywood Luxury Real Estate Statistics
| Average Price | $2.1M |
|---|---|
| Lowest Price | $949K |
| Highest Price | $7.5M |
| Total Listings | 47 |
| Avg. Price/SQFT | $671 |
Property Types (active listings)
About Hollywood
Joseph Wesley Young arrived in South Florida in January 1920 from Washington state. He bought thousands of acres of palmetto scrub land. His city plan was inspired by Daniel Burnham's City Beautiful movement. By 1921, Young had platted the new town as Hollywood by the Sea. The name distinguished it from his other venture in New York. Hollywood incorporated as a city in February 1925, with Young elected as first mayor. He resigned soon after to develop Hollywood Harbor, today known as Port Everglades.
The Hollywood Beach Hotel opened the same year. Indianapolis architects Rubush and Hunter designed the Mediterranean Revival structure. The September 1926 hurricane ended the early land boom. The modern city covers 30.8 square miles in southern Broward County. The Atlantic shoreline stretches roughly five to six miles along the eastern boundary. The Broadwalk runs 2.5 miles of brick-paved pedestrian path along Hollywood Beach. Hollywood holds about 150,000 residents today, with roughly 60 parks and seven golf courses. The Seminole Tribe operates its tribal headquarters within the city limits.
Hollywood Luxury Real Estate
Hollywood's median list price is roughly $486,000, as of June 2026. The number falls below that of most surrounding Broward markets. Luxury cuts a different shape entirely. Hollywood Lakes' single-family inventory has a median price of around $916,500. High-end Hollywood Lakes listings reach $7.9 million. Emerald Hills posts the top neighborhood median at roughly $1.18 million. Harbor Islands and Three Islands carry asking prices from $1.5 to $6 million. Oceanfront condos at the Diplomat list above $3.7 million for top-floor units.
Luxury inventory typically takes 90 to 120 days to clear, longer than most Broward cities. Broward County's effective property tax rate runs 0.95 percent. That rate matches Fort Lauderdale and Dania Beach. Florida has no state income tax. An experienced Hollywood Realtor® opens access to pre-market estates and oceanfront condo pre-launches. Off-market inventory moves through private channels on both sides.
Top Highlights of Hollywood Luxury Homes for Sale
Hollywood Lakes Historic Inventory
Hollywood Lakes anchors the city's historic luxury inventory east of Federal Highway. The neighborhood spans the corridor from the downtown grid to the Intracoastal Waterway. Eight man-made lakes thread through the streets. Most homes carry either canal frontage or lake views. Architecture ranges from 1920s Mediterranean Revival construction to fully rebuilt modern residences. List prices typically run from the high $700,000s to above $7 million. Many of the early homes date to Young's original plat. The lake addresses command the strongest premium within the neighborhood.
Emerald Hills Golf Community
Emerald Hills commands the top median home price in Hollywood. The community wraps around the Emerald Hills Golf Club. The Preserve at Emerald Hills handles new construction inside the community. Tudor and contemporary architecture predominate, with original 1960s homes still in active circulation. Single-family median home prices cluster from $1 to $3 million. The location sits about three miles inland from the Atlantic. That distance insulates the neighborhood from coastal storm exposure. Insurance costs run lower here than at the beach.
Hollywood Beach Broadwalk and Oceanfront Towers
The Broadwalk separates Hollywood Beach from every other coastal strip in South Florida. The 2.5-mile brick promenade carries no boardwalk lumber, with bike lanes set parallel to it. Restaurants, ice cream shops, and farmers' markets line both edges. The strip runs from Hallandale Beach to Sheridan Street. Behind it sits the oceanfront condo inventory. The Diplomat Oceanfront Residences at 3535 South Ocean Drive lead the high-rise segment. Penthouse units sell in the mid-$3 million range and up. North Beach two-bedroom condos have a median price of around $995,000.
The Harbor Islands and Three Islands Waterfront
What separates these two gated enclaves from the rest of Hollywood is the deepwater access. Both communities sit on the Intracoastal Waterway, with private docks built into most properties. Harbor Islands runs as a 24-hour guard-gated enclave with Mediterranean-style waterfront homes. Three Islands trends more contemporary, with newer construction along the canals. Renovated original homes start near $1.5 million. Premier point lots reach nearly $6 million on the deepwater. Yacht owners value the no-fixed-bridge route to the Atlantic via the Hollywood Inlet.
Joseph Wesley Young’s Lasting Footprint
Young's 1921 master plan still shapes property values across the city. The grid of circles, boulevards, and parks remains intact across the original platted area. The Young Mansion at 1055 Hollywood Boulevard sits on the National Register of Historic Places. The 23-room Spanish Moorish residence served as Young's private home. It now operates as a private event venue. The city's preservation overlay protects roughly 300 properties across downtown and the Hollywood Lakes area. That ordinance supports values inside the historic neighborhoods.
The Seminole Hard Rock Effect
The 2019 opening of the guitar-shaped Hard Rock Hotel reset Hollywood's entertainment economy. The 36-story tower sits on the Seminole reservation just west of downtown. Total project cost exceeded $1.5 billion. The casino floor draws roughly six million visitors annually. Concert venues, restaurants, and the hotel have raised demand for short-term luxury rentals. Property managers in Hollywood Lakes and Emerald Hills report rental rates running 30 to 50 percent above pre-2019 levels.
Education in Hollywood
Hollywood is part of Broward County Public Schools, the sixth-largest district in the United States. The city has 14 elementary, 6 middle, 4 high, and 24 private institutions. Several magnet programs operate inside city limits.
Elementary Schools
- Beachside Montessori Village in Hollywood
- Bethune Elementary School of the Arts in Hollywood
- Colbert Museum Magnet School in Hollywood
- Hollywood Central Elementary in Hollywood
- Hollywood Hills Elementary in Hollywood
High Schools
- South Broward High School in Hollywood
- Hollywood Hills High School in Hollywood
- McArthur High School in Hollywood
- Sheridan Technical College in Hollywood
Colleges and Universities Nearby
- Broward College in Davie
- Nova Southeastern University in Davie
- Florida International University in Miami
Hollywood Frequently Asked Questions
How Much Do Luxury Homes Cost in Hollywood, FL?
Entry-tier luxury in Hollywood starts around $800,000. The top of the market runs past $20 million for waterfront estates. The mid-market ranges from $1 to $2.5 million, depending on the neighborhood. Hollywood Lakes medians track slightly under $1 million for single-family homes. Emerald Hills sits closer to $1.2 million on the same housing type. Oceanfront condo towers trade above $3 million per unit.
What Are the Best Luxury Neighborhoods in Hollywood, FL?
The four core luxury enclaves are Hollywood Lakes, Emerald Hills, Harbor Islands, and Three Islands. Each plays a different role in the market. Hollywood Lakes has the historic homes closest to the Intracoastal. Emerald Hills brings golf-course homes and the top single-family median in the city. Harbor Islands and Three Islands handle gated waterfront, with Intracoastal access. Oceanfront condo buyers focus on the Diplomat, Trump Hollywood, and Hollywood Beach Resort towers.
Is Hollywood, FL a Good Place to Live?
Hollywood works for buyers who want beach access without Miami Beach pricing or Fort Lauderdale density. Public Atlantic coastline runs the entire eastern edge. The Broadwalk anchors that strip with car-free space. Cultural infrastructure includes the ArtsPark at Young Circle. Median household income runs moderate by South Florida luxury standards. Property tax burdens stay lower than Aventura or Bal Harbour. Drive time to Fort Lauderdale International Airport stays under 15 minutes.
How Does Hollywood Compare to Fort Lauderdale for Luxury Buyers?
Hollywood sells the same Atlantic beachfront at lower per-square-foot rates than Fort Lauderdale. Median list pricing runs roughly 25 percent below Fort Lauderdale's comparable inventory. Luxury inventory in both cities tops out near $20 million. Hollywood's volume above $5 million stays thinner, however. Hollywood buyers usually accept slightly older housing stock in exchange for the discount. The Broadwalk also gives Hollywood a public-realm advantage. Many luxury buyers walk both markets before deciding.
What Is the Difference Between Hollywood Lakes and Emerald Hills?
Hollywood Lakes sits between downtown and the Intracoastal. Roots trace to Joseph Wesley Young's 1921 plat. The neighborhood runs along the canal and lakefront. Historic architecture from the 1920s and 1930s mixes with rebuilds. Emerald Hills is roughly three miles west. The Emerald Hills Golf Club has anchored that neighborhood since the 1960s. The architecture mixes Tudor with contemporary builds. Emerald Hills carries the higher median price.
Are Hollywood Beach Oceanfront Condos a Good Investment?
Oceanfront condo demand has tracked upward since 2019, when the Seminole Hard Rock expansion opened. Rental yields are higher than in most South Florida coastal markets due to Broadwalk traffic. HOA and insurance costs rise sharply at the top of the luxury tower market. That trim cuts into net returns. The Diplomat Oceanfront Residences and Hollywood Beach Resort condos hold value better than older buildings. Buyers should watch the milestone inspection schedule. Many older towers face significant reserve assessments under post-Surfside Florida statute changes.
Find Your Dream Home in Hollywood, Florida
Hollywood luxury rests on three factors: oceanfront positioning, canal or lake frontage, and Broadwalk or Emerald Hills proximity. Our Fort Lauderdale-based Hollywood luxury Realtors® at The Mastropieri Group, Realtors® verify each before recommending an offer. We coordinate private showings, oceanfront condo pre-launches, and off-market introductions on both sides of Federal Highway. Call (954) 833-1468 to discuss current Hollywood luxury homes for sale or pre-market opportunities.
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