Monterey Park
Homes for Sale in Hollywood, FL

Community in Hollywood · Broward County
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True comps, carrying-cost math, and listings before the portals.

Built fromLive Beaches MLS data6 years of closingsUpdated twice daily
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Monterey Park sits in Hollywood, in the heart of Broward County near the beaches side of the market. With no shared community amenities showing up in current MLS listings, price here is driven by the individual home — its condition, its updates, and its lot — rather than by any HOA package or resort-style extras. That puts more weight on what you can see and touch at each property.

Because there is no amenity story doing the selling, expect a wide spread between move-in-ready homes and those needing work. For buyers, that means the diligence is on the house itself. For sellers, it means condition and presentation carry the negotiation; there is no clubhouse or gate to lean on for value.

Best for

  • Buyers prioritizing a Hollywood, near-the-beaches location over shared amenities
  • Buyers comfortable evaluating a home on its own condition and updates
  • Buyers open to a range of price points where the house dictates value

Probably not for

  • Buyers set on resort-style or gated community amenities
  • Buyers who want uniform, predictable pricing across the neighborhood
  • Buyers unwilling to do close diligence on individual home condition

The market around Monterey Park

Monterey Park 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 Monterey Park specifically. Momentum Research analysis of MLS records.

If we were buying in Monterey Park 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 Monterey Park.

Best Buy
Buyers who want a Hollywood location and are prepared to judge each home individually.
Biggest Risk
With no amenities to anchor value, condition drives a wide price spread.
Sweet Spot
A well-maintained home where the location and the property both hold up.
Avoid If
You expect community features like a pool, gate, or clubhouse.

A house-by-house market

Without community amenities identified in the current listings, Monterey Park is best read as a collection of individual properties rather than a packaged community. Two homes a block apart can price very differently based on renovation level, systems, and lot, so comparisons need to be done carefully rather than by a single per-block assumption.

The Hollywood location near the beaches feed is the constant that ties the area together. That proximity is a durable part of the appeal, but it does not replace the work of vetting each home's condition, which is where the real variance sits.

The location and the amenities are priced into every listing in Monterey Park. 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 house-by-house market with no amenity package to standardize value, our job is to read each property on its own terms — condition, updates, and lot — and price accordingly. We will walk a listing with you honestly and tell you when the numbers do not line up with the work a home needs.

Monterey Park in 15 seconds.

Best forBuyers who want a Hollywood location and are prepared to judge each home individually.
Biggest advantageValue is tied to the home itself, so a sharp eye can be rewarded.
Biggest riskWith no amenities to anchor value, condition drives a wide price spread.
Sweet spotA well-maintained home where the location and the property both hold up.
Avoid ifYou expect community features like a pool, gate, or clubhouse.

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 Monterey Park sales matched to your home.

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Real comps, not an automated estimate.
Buyers prioritizing a Hollywood, near-the-beaches location over shared amenitiesExcellent fit
Buyers comfortable evaluating a home on its own condition and updatesExcellent fit
Buyers open to a range of price points where the house dictates valueExcellent fit
Buyers set on resort-style or gated community amenitiesProbably not
Buyers who want uniform, predictable pricing across the neighborhoodProbably not
Buyers unwilling to do close diligence on individual home conditionProbably not

Data sources & freshness

Under-contract sharesBeaches MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2020 (5 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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