Playland Estates
Homes for Sale in Hollywood, FL

Playland Estates market snapshot (as of September 20, 2026): the median sale price is about $469K ($403 per sq ft over the trailing 12 months of closed sales), and a median 35 days on market for closed sales. The trailing-12-month median is up 15% from the prior 12 months and up 521% since 2012, computed from record-level Beaches MLS closed sales (11 closings in the current window).

In ZIP 33020 (Hollywood), 403 homes closed in the last 12 months at a median of $469K ($387/sq ft), up 3.2% year over year, with a median 74 days on market. Right now 138 active and 26 pending listings put supply at about 7.0 months — a buyer's market. See the live ZIP 33020 housing market and the Broward County market.

County records show 111 qualified sales in Playland Estates across 2024–2025 (74 in 2024, 37 in 2025), median $405,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

Playland Estates is a community of 1,616 homes in Hollywood, Broward County, built between 1924 and 2024 (median 1975), with a median living area of about 1,332 square feet. 64% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Playland Estates is an established Hollywood neighborhood where the single-family median sits at $428,000 and homes move in under thirty days when priced to condition. The community lacks master amenities, so value is driven entirely by the asset itself and proximity to Hollywood's commercial grid.

Playland Estates operates as a straightforward residential enclave: you're buying the structure, the parcel, and the address—nothing more. There are no HOA pools, no gated entries, no tennis courts. That means your $428,000 median buys you a standalone home without the overlay of mandatory fees or shared infrastructure, but it also means every dollar of value comes from the dwelling's physical state and its position relative to Hollywood's employment centers, retail corridors, and beach access.

The market here is neither hot nor cold. A heat score of 42 and a DOM just shy of 29 days tell you that well-kept homes with honest pricing find buyers promptly, while properties needing work or carrying optimistic asks will sit. The per-square-foot median of $359 is competitive for Broward's Hollywood footprint, but that number spans a wide condition spectrum—recently updated homes command the top of the range, while originals with deferred systems pull the median down. Buyers should budget for inspection contingencies and a realistic renovation reserve if the target property hasn't been touched in a decade.

Year-over-year movement of half a percent confirms we're in a plateau phase. The long-term appreciation since 2012 has been dramatic, but current transactions reflect price discovery around what these homes are actually worth today, not speculative momentum. Sixteen closings in the recent window provide enough comps to underwrite value confidently, and the liquidity means you're not guessing whether a buyer will materialize when it's time to sell. This is a market where fundamentals—school district boundaries, commute times, neighborhood tidiness—matter more than hype.

Momentum brokers know how to price a no-amenity neighborhood where condition is everything. We'll walk the property with an inspector's eye, pull the permit history, and tell you exactly what the next buyer will demand as a concession—so you don't overpay on the front end or leave money on the table at exit. In Playland Estates, where value is asset-specific and the market moves at a measured pace, that ground-level diligence is the difference between a sound investment and an expensive lesson.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.