Hollywood Lakes
Homes for Sale in Hollywood, FL

Hollywood Lakes market snapshot (as of July 15, 2026): the median sale price is about $675K ($453 per sq ft over the trailing 12 months of closed sales), and a median 22 days on market for closed sales. The trailing-12-month median is up 3% from the prior 12 months and up 108% since 2012, computed from record-level Beaches MLS closed sales (3 closings in the current window).

Hollywood Lakes is a mid-century waterfront neighborhood built around a network of lakes and canals, offering direct boat access and an older housing stock that buyers typically renovate to taste.

The appeal here is straightforward: lake and canal lots inside Hollywood city limits, with many homes enjoying direct water access and private docks. The street grid dates to the postwar boom, and the housing stock reflects that era—concrete block, flat or low-pitched roofs, single-story layouts. Buyers should budget for updates unless the listing explicitly shows recent work; originals dominate the inventory, and condition varies widely.

At a $675K median, you are paying for the water lot and the location. The $453 per square foot average is misleading in isolation—renovated properties with modern kitchens, hurricane impact glass, and updated mechanicals command a premium, while unrenovated shells trade lower. The spread is wide, and each transaction hinges on the specific parcel and improvement level. Three closings over our measurement window and a twenty-two-day median time on market indicate a measured pace with room to negotiate, especially on properties that need work.

The modest year-over-year gain—just over three percent—and the 46 market-heat score both point to equilibrium. This is not a runaway market, and it is not distressed. Sellers who price to condition will find buyers; buyers who move deliberately and inspect carefully will have leverage. The long-term track—more than doubling since early last decade—reflects the broader Broward trajectory, but recent momentum has cooled. If you need time to evaluate a property and negotiate terms, the current environment favors that approach.

Hollywood Lakes requires a broker who knows how to price lake and canal lots by parcel, who can assess renovation scope realistically, and who will not push you into a property that needs more capital than your budget allows. We handle Broward waterfront transactions routinely, we know the permitting landscape for docks and seawalls, and we will walk you through the condition trade-offs that define value here. If you are selling, we price to the specific lot and improvement level—no generic comps, no wishful asks. If you are buying, we will tell you when a property is overpriced for its condition or when the renovation math does not pencil. You need someone who understands this inventory and will give you the straight read.

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