Driftwood Plaza No 3
Homes for Sale in Hollywood, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Driftwood Plaza No 3 sits in Hollywood, Broward County, where the median closed at $520,000 through mid-July on a market heat score of 26—well below the threshold that typically signals urgency. Homes are taking just over a month to sell, and the year-over-year decline of 5.2 percent tells you this is a negotiation market, not a bidding-war environment.
The long lens matters here: since 2012, values are up 361 percent, a compounding that reflects Hollywood's broader coastal trajectory. Price per square foot sits at $369, and with nine closings in the recent window, you have enough transactions to price a listing confidently but not so many that inventory churn is frenetic. Sellers need realistic expectations; buyers have time to conduct diligence.
Driftwood Plaza No 3 right now
🟡 Off the recent peak. The trailing-12-month median ($520K) is down 5.2% from the prior 12 months ($548K) and up 361% since 2012. With about a dozen 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 (9 and 4 sales in the two windows).
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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
Driftwood Plaza No 3 market snapshot (as of July 15, 2026): the median sale price is about $520K ($369 per sq ft over the trailing 12 months of closed sales), and a median 38 days on market for closed sales. The trailing-12-month median is down 5% from the prior 12 months and up 361% since 2012, computed from record-level Beaches MLS closed sales (9 closings in the current window).
Driftwood Plaza No 3 is a Hollywood condominium or townhome enclave where the median sale price is $520,000 and homes move in just over a month. The market has cooled year-over-year, giving buyers negotiating room in a county that has seen substantial long-term appreciation.
Who Driftwood Plaza No 3 is best for.
Best for
- A buyer with a budget near the median who prioritizes Hollywood's central location and accepts a no-frills association.
- An investor comfortable with condominium rental restrictions and looking for a lower-maintenance alternative to single-family landlording.
- A downsizer moving from a larger home who wants equity preservation and walkable urban access without beachfront carrying costs.
Probably not for
- A buyer who expects resort amenities—pool, gym, concierge—as part of the monthly dues.
- Anyone purchasing at the top of their approval who cannot absorb a special assessment or higher-than-expected dues.
- A buyer who needs immediate liquidity or a fast-flip exit; the current market heat does not support speculative holds.
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 ($520K) IS the median in the snapshot above, and the move from 2025 ($548K) IS the -5.2% one-year change.
Windows contain 0 to 15 sales each (9 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 Driftwood Plaza No 3 buying strategy.
If we were buying in Driftwood Plaza No 3 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 Driftwood Plaza No 3.
What the numbers reveal—and conceal
A heat score of 26 and a median time on market of 38 days mean this is not a sellers' stampede. You will not write ten backup offers, and appraisal gaps are unlikely unless the property is genuinely differentiated. The 5.2 percent year-over-year decline is a recalibration, not a collapse; it follows more than a decade of compounding growth that lifted values 361 percent since 2012. Context matters.
Price per square foot—$369—sits in the middle band for Hollywood's non-waterfront condominium stock. What drives variance here is condition, floor level, view, and whether the association has completed its reserves or deferred major capital. MLS data show no resort-style amenity package, so you are buying location and unit-specific features, not a clubhouse ecosystem. Nine closings in the trailing window give you a statistically meaningful comp set without the noise of a hyper-active flip market.
Hollywood's appeal is proximity: Fort Lauderdale–Hollywood International Airport, the Broadwalk, and Aventura shopping are all within a short drive, and you are equidistant to downtown Fort Lauderdale and Miami. Driftwood Plaza No 3 benefits from that centrality without commanding beachfront premiums. The trade-off is straightforward—you sacrifice resort amenities and water views for a lower basis and lower monthly dues. Buyers who understand that equation will find value; those expecting a full-service lifestyle will not.
The location and the amenities are priced into every listing in Driftwood Plaza No 3. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Driftwood Plaza No 3 buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (7.5). Basis: Long-Term Appreciation +361% since 2012; Recent Direction -5.2% year-over-year; Pricing Power 96.5% sale-to-list. Refreshed with each data update.
Why work with Momentum here
Hollywood condominium markets require forensic association diligence—reserve studies, special-assessment history, and a clear-eyed read of deferred maintenance—and Momentum brokers know which documents to request before you write an offer. We price to the current market, not to what a seller wishes it were, and in a heat-26 environment that honesty is the difference between a closed sale and a listing that languishes. If Driftwood Plaza No 3 does not fit your budget or lifestyle, we will tell you in the first conversation and point you toward what does.
Driftwood Plaza No 3 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 Driftwood Plaza No 3 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 Driftwood Plaza No 3 sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Driftwood Plaza No 3, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Driftwood Plaza No 3 home worth?
Get a no-obligation home value based on real comparable sales in Driftwood Plaza No 3, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Frequently Asked Questions
What is the median home price in Driftwood Plaza No 3?
How long do homes in Driftwood Plaza No 3 take to sell?
Have Driftwood Plaza No 3 home prices gone up?
Who is the best real estate agent for Driftwood Plaza No 3?
How do I find a top Hollywood real estate agent who knows Driftwood Plaza No 3?
Can Momentum Realty connect me with an agent for Driftwood Plaza No 3?
Should you buy in Driftwood Plaza No 3?
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 2006 (99 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.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Beaches MLS member average and 8 days faster, and we’ll price yours against live your area comps.
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See how Driftwood Plaza No 3 fits the bigger picture — live prices, inventory, and Momentum Scores:
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