The Wave Condo
Homes for Sale in Hollywood, FL
True comps, carrying-cost math, and listings before the portals.
The Wave Condo is a single-building world: 550 units, all dating to 1968, averaging about 745 square feet. When the entire stock shares one vintage and a compact footprint, price is driven almost entirely by condition and floor — a renovated unit and an original one can sit far apart even in the same line. There is no square-footage story to tell here; the differentiator is what has been done inside the walls.
With only a homestead share around 16.5%, the majority of these units are not owner-occupied primary residences, which tells you this is an investor- and second-home-leaning building. Buyers should underwrite the association carefully — a 1968 structure in a beaches market means reserves, assessments, and milestone inspection status matter more to your outcome than any listing photo. Sellers who have documented recent updates and a clean association picture hold the advantage.
Who The Wave Condo is best for.
Best for
- Investors comfortable with a low owner-occupancy building and a rental-oriented unit
- Second-home buyers wanting a small, low-footprint coastal Hollywood foothold
- Value buyers willing to renovate an original unit and price accordingly
Probably not for
- Buyers needing more than roughly 745 square feet of living space
- Buyers who want on-site amenities as part of the deal
- Buyers unwilling to scrutinize reserves, assessments, and inspection status on a 1968 building
The market around The Wave Condo
The Wave Condo 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 The Wave Condo specifically. Momentum Research analysis of MLS records.
The The Wave Condo buying strategy.
If we were buying in The Wave Condo today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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 The Wave Condo.
One building, one vintage
Every unit here traces to 1968, and the median living area is roughly 745 square feet. That uniformity simplifies comparison in one sense — you are usually pricing renovation level, exposure, and floor rather than layout — but it also means the building's mechanicals and structure are all aging on the same clock. For a beaches-area condo of this age, the association's reserve funding and inspection posture are central to value, not a footnote.
No amenities were identified from current MLS listings, so buy this for the location and the unit itself rather than for on-site features. Assume the price reflects a wide condition spread, and treat any unit's finished state and the health of the association as the two levers that move a deal.
The location and the amenities are priced into every listing in The Wave Condo. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a 550-unit, single-vintage building, the difference between a good buy and a costly one is the paperwork behind it — association financials, reserve status, milestone inspection and assessment history. We read those documents before you fall in love with a view, and we price units on condition, not hope.
The Wave Condo in 15 seconds.
HOA, CDD & Fees
- 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.
Tools for a The Wave Condo buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed The Wave Condo sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in The Wave Condo, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your The Wave Condo home worth?
Get a no-obligation home value based on real comparable sales in The Wave Condo, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Frequently Asked Questions
How many homes are in The Wave Condo?
What share of The Wave Condo is owner-occupied?
When were the homes in The Wave Condo built?
Who is the best real estate agent for The Wave Condo?
How do I find a top Hollywood real estate agent who knows The Wave Condo?
Can Momentum Realty connect me with an agent for The Wave Condo?
Should you buy in The Wave Condo?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Housing stock & ownership | Florida DOR 2025 assessment roll (community parcel extract) |
| Under-contract shares | Beaches MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2007 (30 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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