Diplomat Oceanfront Resid
Homes for Sale in Hollywood, FL
True comps, carrying-cost math, and listings before the portals.
Diplomat Oceanfront Resid sits on Hollywood's direct-ocean corridor, and the $1.85M median reflects condo-tower economics in an East Coast high-rise market: views, floor, finishes, and whether you're on the sand or across the street. At $727 per square foot, you're paying for location and the building's resort-style reputation, not merely coastal proximity.
Inventory moves slowly—median time on market just under four months—and the 26% year-over-year jump signals tight supply meeting a post-reopening surge in luxury coastal demand. Closings remain thin, so any given quarter's median can swing on a single penthouse or a cluster of smaller units; buyers should treat this figure as a snapshot, not a stable benchmark.
Diplomat Oceanfront Resid right now
🟢 Still climbing. The trailing-12-month median ($1.85M) is up 26.0% from the prior 12 months ($1.47M). With about 4 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Beaches MLS closed sales, 12-month windows ending July 15. Confidence: Low (4 and 3 sales in the two windows).
What's unique here: the median sale price is about 4x the typical Broward County sale ($1.85M vs $475K, trailing 12 months, Beaches MLS records).
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Updated July 15, 2026 · Live data: Beaches MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Diplomat Oceanfront Resid market snapshot (as of July 15, 2026): the median sale price is about $1.85M ($727 per sq ft over the trailing 12 months of closed sales), and a median 116 days on market for closed sales. The trailing-12-month median is up 26% from the prior 12 months, computed from record-level Beaches MLS closed sales (4 closings in the current window).
A direct-oceanfront high-rise on Hollywood Beach where the median closed price sits in the mid-$1.8Ms and inventory turns over slowly. The market has tightened considerably year-over-year, reflecting South Florida's luxury condo rebound and limited alternative supply along this stretch of Broward coast.
Who Diplomat Oceanfront Resid is best for.
Best for
- Second-home buyers with budget above $1.8M seeking direct-ocean views and a lock-and-leave South Florida base they will use seasonally.
- International or out-of-state buyers who value Hollywood's proximity to Fort Lauderdale airport and want a branded building with resort-style amenities.
- Long-term holders comfortable with slower resale timelines and willing to absorb the governance and financial realities of a mature condo tower.
Probably not for
- Buyers who need frequent comps and liquid resale markets; four closings every few months means pricing validation is sparse and exit timing uncertain.
- First-time condo buyers unfamiliar with high-rise financials, reserve studies, or the risk of special assessments in older buildings.
- Investors seeking short-term appreciation flips or buyers who want walkable nightlife and dense restaurant clusters immediately outside the lobby.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 15 of each year, from record-level Beaches MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($1.85M) IS the median in the snapshot above, and the move from 2025 ($1.47M) IS the +26.0% one-year change.
Windows contain 0 to 9 sales each (4 in the current window); every figure carries its sample size, and thin markets swing on single closings. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. Deemed reliable but not guaranteed.
The Diplomat Oceanfront Resid buying strategy.
If we were buying in Diplomat Oceanfront Resid today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Diplomat Oceanfront Resid.
High-rise oceanfront in a thin market
Diplomat Oceanfront Resid delivers what its name promises: direct Atlantic views, resort amenities typical of branded Broward towers, and a Hollywood Beach address that balances proximity to Fort Lauderdale's airport and Miami's cultural corridor. The building appeals to second-home buyers, international investors, and primary residents who want a lock-and-leave lifestyle with ocean access.
The market here is narrow. With only four closings in the trailing window and a median days-on-market exceeding three months, the pool of active buyers is selective and price-sensitive. The 26% year-over-year gain reflects broader South Florida coastal momentum, but it also underscores how few transactions define the median; one or two high-floor units can reset the benchmark.
Condition and view premiums matter enormously in a building of this vintage and density. A dated interior on a lower floor will sit; a renovated corner unit with wraparound glass will move faster and command a material premium over the median. Buyers should budget for the reality that many units have not been updated since original purchase, and deferred special assessments or upcoming capital projects are routine risks in older high-rises.
Hollywood Beach itself offers a less frenetic coastal experience than Fort Lauderdale or Miami Beach—a slower pedestrian Broadwalk, neighborhood restaurants, and fewer high-density nightlife clusters. For some buyers, that's the draw; for others, it feels too quiet. The building's location is also its constraint: you are committing to a single structure's governance, financial health, and neighbor dynamics, with little alternative inventory if the market softens or the HOA imposes unexpected levies.
The location and the amenities are priced into every listing in Diplomat Oceanfront Resid. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
High-rise condo markets hinge on documents, reserve studies, and the fine print of HOA financials—not just square footage and views. Momentum's team reads the declarations and budgets before you tour the unit, flags deferred maintenance or looming assessments, and benchmarks the building's per-square-foot price against comparable towers in Fort Lauderdale and Sunny Isles. In a market with four closings every few months, you need a broker who knows whether today's median reflects an outlier penthouse or genuine trend—and who will tell you when a unit is overpriced, even if it means walking away.
Diplomat Oceanfront Resid in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA — confirm current dues
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Diplomat Oceanfront Resid buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Diplomat Oceanfront Resid sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Diplomat Oceanfront Resid, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Diplomat Oceanfront Resid home worth?
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Recent Developments in Diplomat Oceanfront Resid
Development, infrastructure, retail, and school activity affecting Diplomat Oceanfront Resid, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.
- July 2026Development
Construction Starts on 376-Unit 'The Cove' at 1055 N. Federal Highway in Fort Lauderdale
Affiliated Development has started construction on The Cove, an eight-story, 376-unit apartment building at 1055 North Federal Highway on the former Link hotel site. About 206 of the units are designated workforce housing under the Live Local Act, backed by a 74 million dollar construction loan from Pacific Life. Move-in is anticipated in spring 2028.
What it may mean for the marketAdds a large workforce-oriented rental supply along the North Federal Highway corridor and redevelops a former hotel parcel into housing. The project is about 10 miles north of Diplomat Oceanfront Resid, elsewhere in Broward County.
Source: Florida YIMBY - July 2026Development
$54 Million Pre-Construction Loan Secured for ODA-Designed Skyscrapers in Fort Lauderdale
Dependable Equities secured a 54 million dollar pre-construction loan from CDK Capital for two ODA-designed towers south of the New River near Las Olas Boulevard, at 101 Southeast 7th Street and 633 Southeast 3rd Avenue. The towers would rise about 557 and 563 feet with roughly 1,460 condominium and multifamily residences and about 14,000 square feet of ground-floor commercial space. Construction is anticipated to begin in early 2028.
What it may mean for the marketPositions two high-rise residential towers and ground-floor commercial space for the downtown Fort Lauderdale market south of the New River. The project is about 8 miles northwest of Diplomat Oceanfront Resid, elsewhere in Broward County.
Source: Florida YIMBY - June 2026Development
38-Story Icon Beach Waterfront Residences Breaks Ground in Hollywood
Related Group and BH Group broke ground on Icon Beach Waterfront Residences, a 38-story, 350-unit tower at 3824 South Ocean Drive in Hollywood, following a June 18 ceremony. The project secured a 360 million dollar construction loan from Tyko Capital and includes about 40,000 square feet of amenities, a 32-slip marina and a beach club. Completion is targeted for 2028.
What it may mean for the marketAdds a large oceanfront condominium supply and private marina to the Hollywood beach market with construction now underway. The site is about 3 miles west of Diplomat Oceanfront Resid.
Source: Florida YIMBY - May 2026Development
Tavistock Development to Expand Pier Sixty-Six
Tavistock Development is advancing an eight-acre second phase of Pier Sixty-Six along Southeast 17th Street, with four mixed-use buildings each rising about 270 feet and 339 residential units. Plans include roughly 185,600 square feet of commercial space with retail, restaurant, grocery and office uses, a waterfront promenade and expanded marina facilities. The project is expected to enter the city development review process in the coming months.
What it may mean for the marketExpands a waterfront mixed-use district with new housing, retail and marina infrastructure along the 17th Street corridor. The project is about 7 miles northwest of Diplomat Oceanfront Resid, elsewhere in Broward County.
Source: The Real Deal - May 2026Development
Integra Wins Approval for Fort Lauderdale Beach Development Again
The Fort Lauderdale City Commission unanimously approved an amended development permit for Integra Solutions' Sereno project at 2901 East 9th Court, raising the condominium count from 76 to 88 and adding 113 hotel rooms in a 14-story structure. It is the third iteration of the plan since initial approval four years earlier. The Planning and Zoning Board had recommended approval in March.
What it may mean for the marketAdds condominium and hotel supply to the Fort Lauderdale beach area through a revised and expanded approved plan. The project is about 9 miles north of Diplomat Oceanfront Resid, elsewhere in Broward County.
Source: The Real Deal - May 2026Development
Fort Lauderdale Advances Opus at 701 Condominium Development
The Fort Lauderdale City Commission voted unanimously to approve Opus at 701, a 13-story, 54-unit waterfront condominium at 632 and 701 Bayshore Drive. The site plan replaces the former Manhattan Tower hotel and a 56-year-old apartment building on a 0.78-acre parcel. The project includes 114 parking spaces and amenities such as a fitness center, spa and waterfront pool.
What it may mean for the marketRedevelops an older hotel and apartment parcel into a new waterfront condominium supply in the Fort Lauderdale beach area. The project is about 8 miles north of Diplomat Oceanfront Resid, elsewhere in Broward County.
Source: The Real Deal
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
Frequently Asked Questions
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Should you buy in Diplomat Oceanfront Resid?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Beaches MLS closed sales, 12-month windows ending July 15, 2026 |
| Under-contract shares | Beaches MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2007 (43 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Beaches MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
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