Gracewood No 5
Homes for Sale in Hollywood, FL

Community in Hollywood · Broward County
Free · No obligation
Talk to a Gracewood No 5 Expert

True comps, carrying-cost math, and listings before the portals.

Built fromLive Beaches MLS data15 years of closingsUpdated twice daily
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Gracewood No 5 is a small pocket in Hollywood, Broward County, and the current MLS snapshot doesn't surface community amenities or a working set of price benchmarks. That means value here is driven at the individual-property level: lot, condition, updates, and location within the neighborhood do the heavy lifting, not a shared clubhouse or gate.

For a buyer, this is a market you underwrite house by house rather than by the community label. For a seller, it means the burden is on presentation and condition to set your number, because there isn't an amenity story doing the selling for you. Come in with a specific address in mind and price to what the home actually is.

Best for

  • Buyers targeting a specific Hollywood address who will underwrite the individual home
  • Value-focused buyers comfortable pricing to condition rather than to a community label
  • Buyers who want beaches-area access without paying for shared amenities

Probably not for

  • Buyers who require a clubhouse, pool, or gated amenities to feel value
  • Buyers who want a clean, uniform price band across the community
  • Buyers unwilling to weigh condition and updates carefully on each listing

The market around Gracewood No 5

Gracewood No 5 is too small for its own price trend, so here is the market around it.

Across Broward County, 1,045 homes are active and 270 pending (20% under contract).

ZIP and county figures describe the wider market, not Gracewood No 5 specifically. Momentum Research analysis of MLS records.

If we were buying in Gracewood No 5 today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 Gracewood No 5.

Best Buy
Buyers who want a house-by-house read in a Hollywood pocket rather than an amenity package.
Biggest Risk
Thin community-level data makes mispricing easy in both directions.
Sweet Spot
A well-located home priced honestly to its actual condition.
Avoid If
You need a gated or amenity-rich community to feel you got value.

A house-by-house market

With no amenities pulled from current MLS listings, there's no HOA-driven premium or shared facility to anchor value in Gracewood No 5. That tends to produce a wide, condition-driven spread: an updated home and a dated one on the same block can sit far apart on price, and neither is 'wrong' — they're pricing different products.

Location within Hollywood carries the rest. Proximity to the beaches corridor, major roads, and everyday retail matters more here than any community feature, so evaluate each listing on its lot, its updates, and how it sits relative to the things you actually use.

The location and the amenities are priced into every listing in Gracewood No 5. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a small pocket with no amenity story and thin community-level benchmarks, the value is in reading individual comps and condition correctly. We'll walk the specific home with you, tell you where it sits against recent sales, and tell you plainly when the price doesn't match the product.

Gracewood No 5 in 15 seconds.

Best forBuyers who want a house-by-house read in a Hollywood pocket rather than an amenity package.
Biggest advantageNo HOA-driven amenity premium means value tracks condition and location.
Biggest riskThin community-level data makes mispricing easy in both directions.
Sweet spotA well-located home priced honestly to its actual condition.
Avoid ifYou need a gated or amenity-rich community to feel you got value.

HOA, CDD & Fees

In short
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Gracewood No 5 sales matched to your home.

What is your Gracewood No 5 home worth?

Get a no-obligation home value based on real comparable sales in Gracewood No 5, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in Gracewood No 5 on the map →

Real comps, not an automated estimate.
Buyers targeting a specific Hollywood address who will underwrite the individual homeExcellent fit
Value-focused buyers comfortable pricing to condition rather than to a community labelExcellent fit
Buyers who want beaches-area access without paying for shared amenitiesExcellent fit
Buyers who require a clubhouse, pool, or gated amenities to feel valueProbably not
Buyers who want a clean, uniform price band across the communityProbably not
Buyers unwilling to weigh condition and updates carefully on each listingProbably not

Data sources & freshness

Under-contract sharesBeaches MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2011 (9 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.

Looking to buy here? Search homes for sale →

What’s your home worth in your area?

A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.

By submitting, you agree that EAB RE INVESTMENTS LLC (Momentum Realty) and its agents may call, email, and text you about your inquiry, which may involve automated means and prerecorded or artificial voices. You do not need to consent as a condition of buying any property, goods, or services. To opt out, reply STOP at any time or reply HELP for assistance. You can also click the unsubscribe link in emails. Message and data rates may apply. Message frequency may vary. See our Privacy Policy and SMS Terms.or call (904) 351-6461
CallFree valuation →

More Hollywood & Fort Lauderdale & Broward County guides

Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Fort Lauderdale & Broward County or the full Neighborhood Finder.

Talk to a Local Gracewood No 5 Expert
Call Get Listings