Wave Condo
Homes for Sale in Hollywood, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Wave Condo in Hollywood sits at a $380,000 median, with pricing driven by unit condition, floor level, and ocean-versus-Intracoastal exposure. At $479 per square foot, you're paying a beachfront premium over inland Hollywood condos, but the spread is wide—renovated units with direct water views command significantly more per foot than dated interiors on lower floors. This is a building where the price delta between best and worst units is substantial.
The market here has cooled sharply: 13% down year-over-year, with inventory sitting just under two months at current absorption. Sellers who bought in the recent peak are underwater or breaking even; buyers have leverage to negotiate. The 49-day median time-to-contract reflects measured interest—serious buyers, but no urgency. Since 2012, appreciation of 162% tracks the broader South Florida surge, but current momentum favors patient buyers over motivated sellers.
Wave Condo right now
🔴 Off the recent peak. The trailing-12-month median ($380K) is down 13.0% from the prior 12 months ($437K) and up 162% since 2012. With about 19 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Beaches MLS closed sales, 12-month windows ending July 15. Confidence: Medium (13 and 13 sales in the two windows).
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Updated July 15, 2026 · Live data: Beaches MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Wave Condo market snapshot (as of July 15, 2026): the median sale price is about $380K ($479 per sq ft over the trailing 12 months of closed sales), and a median 49 days on market for closed sales. The trailing-12-month median is down 13% from the prior 12 months and up 162% since 2012, computed from record-level Beaches MLS closed sales (13 closings in the current window).
A beachfront high-rise condo tower in Hollywood where pricing varies sharply by unit condition and view—median $380K, but expect wide spread depending on floor, finishes, and water exposure.
Who Wave Condo is best for.
Best for
- Buyers targeting beachfront condo inventory in Hollywood with a budget near the median and willingness to evaluate individual units on condition and view
- Investors comfortable with condo HOA structures and longer hold periods, buying into a cooled market with negotiation leverage
- Downsizers or second-home buyers seeking ocean access without new-construction premiums, prepared to renovate or accept dated interiors depending on unit
Probably not for
- Buyers who need resort-style amenities, extensive shared facilities, or a building with highlighted community features beyond beach access
- First-time condo buyers unfamiliar with HOA financials, reserve studies, or the risks of older high-rise buildings
- Buyers expecting immediate appreciation or a hot market—current momentum favors patient negotiation, not quick equity
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 15 of each year, from record-level Beaches MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($380K) IS the median in the snapshot above, and the move from 2025 ($437K) IS the -13.0% one-year change.
Windows contain 0 to 45 sales each (13 in the current window); every figure carries its sample size, and thin markets swing on single closings. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. Deemed reliable but not guaranteed.
The Wave Condo buying strategy.
If we were buying in 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 Wave Condo.
What you're actually buying
Wave Condo is an oceanfront tower in Hollywood, a city that straddles the line between Fort Lauderdale's urban energy and the quieter beach corridor to the south. You're buying into a building where condition dictates value—units range from original finishes to full gut renovations, and your price per foot swings accordingly. Ocean-facing units command premiums; Intracoastal or city views trade lower. The building itself offers direct beach access and the infrastructure of a managed high-rise, but community amenities are not highlighted in current listings, so expect standard condo features rather than resort-style perks.
Location is the asset: walkable Broadwalk access, proximity to Hollywood's downtown district, and positioning between two international airports. This is not a new-construction story; you're buying into an established building with an established HOA, so budget for monthly fees and understand the reserve study before you close. The market here is no longer climbing—inventory has lengthened, and the year-over-year pullback means sellers are adjusting expectations. If you're looking for a beachfront condo at a negotiable entry point, this is a moment of opportunity. If you need turnkey perfection or want a building with extensive amenities, you'll likely need to look elsewhere or budget for renovation.
The location and the amenities are priced into every listing in Wave Condo. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Wave Condo buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (6.3). Basis: Long-Term Appreciation +162% since 2012; Recent Direction -13.0% year-over-year; Pricing Power 95.2% sale-to-list. Refreshed with each data update.
Why work with Momentum here
Wave Condo requires unit-level intelligence—not every listing at the median price offers the same value, and distinguishing between a cosmetic refresh and a true renovation matters when you're negotiating in a cooling market. Momentum's analysts pull HOA financials, comp the building by stack and floor, and identify which units are priced for condition versus priced for hope. We know when to walk and when to press an offer, and in a 49-day market with 13% annual decline, that edge translates directly to purchase price and post-close satisfaction.
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 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 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 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 Wave Condo home worth?
Get a no-obligation home value based on real comparable sales in 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.
See homes for sale in Wave Condo on the map →
Frequently Asked Questions
What is the median home price in Wave Condo?
How long do homes in Wave Condo take to sell?
Have Wave Condo home prices gone up?
Who is the best real estate agent for Wave Condo?
How do I find a top Hollywood real estate agent who knows Wave Condo?
Can Momentum Realty connect me with an agent for Wave Condo?
Should you buy in Wave Condo?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Beaches MLS closed sales, 12-month windows ending July 15, 2026 |
| Under-contract shares | Beaches MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2008 (195 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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