Watergate
Condos for Sale in Hollywood, FL

Watergate Condominium market snapshot (as of November 6, 2026): the median sale price is about $120K ($154 per sq ft over the trailing 12 months of closed sales), and a median 48 days on market for closed sales.

In ZIP 33020 (Hollywood), 31 homes closed in the last 12 months at a median of $427K ($303/sq ft), with a median 84 days on market. Right now 20 active and 4 pending listings put supply at about 7.7 months — a soft market. See the live ZIP 33020 housing market and the Broward County market.

BeachesMLS sales records identify 31 homes in Watergate Condominium that have changed hands since 2006, built between 1971 and 1976 (median 1972), with a median living area of about 813 sq ft and a typical 1-bedroom, 1.5-bath layout; 100% are condominiums. Source: BeachesMLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Watergate Condominium No is a no-frills Hollywood condo offering where the price buys you into Broward's east side without the amenity load—or the speed—of newer developments.

The 18% year-over-year decline is the headline, but context matters: Broward condo fundamentals have shifted as insurance costs climbed and investor appetite cooled. Watergate is feeling that twice over—once because it competes with newer product nearby, and again because thin transaction volume amplifies every concession. The 139-day median DOM tells you sellers are sitting, not panicking, but it also tells you the market will reward patience and due diligence over urgency.

At $211.54 per square foot, you're well below the Hollywood Beach high-rises and the newer westside garden-style communities. That spread exists for a reason: this is older stock, and many units carry deferred maintenance or original kitchens and baths. The discount is real, but so is the work—or the willingness to live with finishes that won't photograph well. Buyers who can see past that and budget for updates will find workable opportunities; those expecting turnkey at this price point will be disappointed.

The MLS shows no community amenities—no pool, no gym, no lobby package. That keeps the HOA lean, but it also means you're buying four walls and a location, nothing more. For an investor penciling cash flow or a buyer who doesn't use amenities anyway, that's fine. For someone expecting a resort lifestyle, it's a deal-breaker before you walk in the door.

Watergate's market needs a broker who will pull comps, read the HOA financials, and tell you when a unit is overpriced or under-reserved. Momentum's agents know Broward condo fundamentals, understand what drives time on market in older buildings, and won't let you overpay in a soft market. We'll also tell you when a building's reserves or insurance posture make it a pass, even if the price looks attractive. In a slow-moving, price-sensitive segment like this, that honest read is worth more than enthusiasm.