Watergate 5 Condo
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 data15 years of closingsUpdated twice daily
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Watergate 5 Condo is a small condo community in Hollywood, and the current MLS snapshot as of July 2026 is thin: no closings recorded in the window we're measuring, and no median price we can stand behind. When a building goes quiet like this, price is set less by a running comp trend and more by whatever the next unit's condition, floor, and view justify. Treat any asking price here as a starting point for negotiation, not a market-validated number.

For a buyer, the lack of recent activity means you're working without a fresh comp to anchor an offer, so your due diligence on the specific unit and the association's financials carries extra weight. For a seller, it cuts both ways: no recent closing sets a ceiling, but no recent closing sets a floor either, and pricing will come down to condition and how you present the unit against the broader Hollywood condo market.

Best for

  • Buyers who will do the homework on the condo association's budget and reserves before committing
  • Buyers seeking a Hollywood condo and willing to negotiate on unit condition without a busy comp trail
  • Owner-occupants or investors who value a lower-activity building and don't need on-site amenities

Probably not for

  • Buyers who want on-site amenities as part of the package
  • Buyers who need a strong recent sales trend to justify their offer
  • Buyers wanting a quick, comp-driven flip in an active resale market

The market around Watergate 5 Condo

Watergate 5 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 Watergate 5 Condo specifically. Momentum Research analysis of MLS records.

If we were buying in Watergate 5 Condo 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 Watergate 5 Condo.

Best Buy
Buyers comfortable evaluating a specific unit on its own merits rather than a hot sales trend.
Biggest Risk
No recent closings means no fresh comp to anchor pricing for either side.
Sweet Spot
A well-maintained unit backed by a healthy association and clean financials.
Avoid If
You need on-site amenities or the reassurance of an active resale trend.

A quiet condo market

The honest read on Watergate 5 is that current MLS listings don't surface any community amenities, and there are no closings in the window we track. That's not a knock on the building — it's a data reality. It means the value story here is condition-driven and unit-specific, not something you can triangulate from a stack of recent sales.

Practically, that puts the burden on inspection and paperwork. Review the condo association's budget, reserves, and any assessments closely, confirm what the monthly dues actually cover, and weigh the unit's finishes and layout on their own merits. In a low-activity building, those details are your real comps.

The location and the amenities are priced into every listing in Watergate 5 Condo. 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 building with no recent closings, generic pricing advice fails you. We work the unit-level details — condition, floor, exposure, and the association's financial health — and we're direct about what we can and can't prove from the data. If the numbers don't support the ask, we'll say so before you write or accept an offer.

Watergate 5 Condo in 15 seconds.

Best forBuyers comfortable evaluating a specific unit on its own merits rather than a hot sales trend.
Biggest advantageA quiet market can mean less bidding pressure and room to negotiate on condition.
Biggest riskNo recent closings means no fresh comp to anchor pricing for either side.
Sweet spotA well-maintained unit backed by a healthy association and clean financials.
Avoid ifYou need on-site amenities or the reassurance of an active resale trend.

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 Watergate 5 Condo sales matched to your home.

What is your Watergate 5 Condo home worth?

Get a no-obligation home value based on real comparable sales in Watergate 5 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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Real comps, not an automated estimate.
Buyers who will do the homework on the condo association's budget and reserves before committingExcellent fit
Buyers seeking a Hollywood condo and willing to negotiate on unit condition without a busy comp trailExcellent fit
Owner-occupants or investors who value a lower-activity building and don't need on-site amenitiesExcellent fit
Buyers who want on-site amenities as part of the packageProbably not
Buyers who need a strong recent sales trend to justify their offerProbably not
Buyers wanting a quick, comp-driven flip in an active resale marketProbably not

Data sources & freshness

Under-contract sharesBeaches MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2011 (13 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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