Monterra Plat
Homes for Sale in Hollywood, FL

Monterra Plat market snapshot (as of July 15, 2026): the median sale price is about $1.01M ($394 per sq ft over the trailing 12 months of closed sales), and a median 28 days on market for closed sales. The trailing-12-month median is down 3% from the prior 12 months, computed from record-level Beaches MLS closed sales (31 closings in the current window).

Monterra Plat is a low-volume Hollywood enclave trading at the million-dollar median with sparse shared amenities, where the parcel and Broward County location drive the ticket more than community infrastructure or finish uniformity.

With only 31 closings in the window, every transaction moves the median. That thinness means you cannot extrapolate a deep bench of comps; each home's lot size, condition, and proximity to major corridors will create wide spreads around the $1,005,000 figure. The per-foot median of $393.72 suggests either spacious floor plans, deferred updates, or both—this is not a cookie-cutter subdivision priced on finishes alone.

The 28-day median time-on-market and 41 heat score confirm a functional market, not a hot one. Inventory moves, but not instantly. The 3.4 percent year-over-year dip is modest and likely reflects the normalization following earlier appreciation cycles; it does not signal collapse. Sellers who acknowledge the current median and price accordingly will clear; those anchored to earlier peaks will extend their days-on-market well past 28.

No community amenities appear in current MLS data, so you are buying land and location, not a clubhouse or pool package. That shifts the value equation to lot characteristics, privacy, and proximity to Hollywood's commercial and beach corridors. If you need resort-style shared facilities, look elsewhere. If you want a Hollywood address on a meaningful parcel without HOA overhead, Monterra Plat becomes relevant—but verify every lot and structure individually.

Thin-inventory communities demand an agent who knows how to read each parcel, pull accurate comps from a narrow set, and negotiate without the safety net of dozens of recent sales. Momentum's Broward team understands lot-driven value and will walk a property with you to separate condition from potential. We will also tell you when a listing is overpriced relative to the 28-day median or when a better opportunity exists one community over. In a market where 31 closings set the tone, that honest ground-level intelligence is the difference between a smart buy and an expensive education.

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