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Built in 2006 - 240 units - 38 floors

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Building Information

Ocean Palms

Number of units: 240
Active listings for rent: 12
Active listings for sale: 13
Building inventory for sale: 5%
Number of sales over the last 12 months: 6
Number of sales over the last 6 months: 1
Number of sales over the last 3 months: 1
Avg. time to close over last 12 months: 56 days

Address

3101 S Ocean Dr, Hollywood Beach, Broward, FL, 33019

Ocean Palms Association Inc
(954) 924-6556

Recent Sales

Unit # Size Closing Date Sale Price PPSF
1806 2,115 sq ft Mar 2024 $1,425,000 $674
1103 1,733 sq ft Oct 2023 $1,375,000 $793
2305 2,115 sq ft Aug 2023 $1,400,000 $662
2402 2,308 sq ft May 2023 $2,020,000 $875
2407 2,627 sq ft May 2023 $1,635,000 $622
2203 1,733 sq ft May 2023 $1,265,000 $730

Market Information

Building vs Area

Ocean Palms: $685/sq. ft.
Hollywood Beach: $439/sq. ft.

Area vs City

Hollywood Beach $439/sq. ft.
Broward $349/sq. ft.

Inventory for sale

Hollywood Beach: 5%
Broward: 3%

Avg. time to close over last 12 months

Ocean Palms 56 days
Hollywood Beach: 84 days
Broward: 66 days