Reed Land Co
Homes for Sale in Hollywood, FL

Reed Land Co market snapshot (as of July 15, 2026): the median sale price is about $1.35M ($431 per sq ft over the trailing 12 months of closed sales), and a median 28 days on market for closed sales.

Reed Land Co is a thin-inventory pocket of Hollywood where homes close quickly when they come to market, but closings are few and the $1.35 million median reflects land value and potential as much as finished product.

Three closings in recent months is not enough to call a trend, but the 28-day median time on market signals that when a property is priced right, buyers move. At $1.35 million median and $431 per square foot, you're paying for Hollywood's coastal proximity and the scarcity of available lots, not for a polished community experience—no amenities are documented in current MLS data, so assume you're buying the dirt and the address, not a clubhouse or pool.

The 1,250 percent appreciation since 2012 tracks Broward's broader story: low rates, coastal demand, and a decade-plus of inventory constraint. For Reed Land Co specifically, that means older housing stock on parcels that were cheap in 2012 and are now priced like coastal real estate everywhere else. Condition varies widely, so two homes at the median can look very different—one might be renovated and another a teardown candidate. Walk every property with a contractor's eye and budget for what you see, not what the price per foot suggests is finished.

Hollywood's fundamentals—airport access, beach proximity, the Broadwalk—give Reed Land Co locational equity, but the subdivision itself is quiet and low-profile. No HOA amenities means lower monthly overhead and no deed restrictions on improvements, which appeals to builders and buyers with renovation appetite. If you want finished luxury at this price point, look elsewhere; if you want a lot you can shape and a market that moves quickly when inventory appears, Reed Land Co rewards decisiveness and capital.

Reed Land Co's thin inventory and condition variability require a broker who knows which comps are real and which are outliers, who can model renovation cost against after-repair value, and who will walk you away from a project that doesn't pencil. Momentum's team has the coastal Broward relationships to surface off-market opportunities and the transaction discipline to close in under 30 days when the right property appears. We'll tell you when a parcel is overpriced for its bones, and we'll push hard when you find the rare one that checks every box.

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