New Construction in Hollywood, Florida: What Is Being Built and What It Costs

If you are asking what is being built in Hollywood, Florida and what it costs, the honest answer is this: Hollywood is not building new master-planned communities. The city is built out, wedged between Fort Lauderdale and Miami along the coast, and it has been an incorporated city since 1925. What you find instead is infill. Teardown-rebuilds on old canal and golf-course lots, small townhome projects on odd-shaped parcels, boutique condo buildings near the beach, and slow-moving mixed-use towers around Young Circle. Prices range from the mid-$400,000s for a new townhome in West Hollywood to well over $3,000,000 for a new home in Hollywood Lakes or a large unit in a beachfront building.

This guide breaks down what is actually going up, where, and what you should expect to pay, without the hype you get from developer marketing pages.

New Construction in Hollywood, Florida: What Is Being Built and What It Costs Right Now

Break it into three tiers and it gets much clearer:

1. Oceanfront and Broadwalk-adjacent condos. Boutique buildings, not towers on every block. Prices from roughly $700,000 for a smaller unit to $2,000,000 to $4,000,000 plus for larger direct-oceanfront residences.
2. Downtown Hollywood and Young Circle mixed-use. Mostly rental apartment product with retail underneath, occasionally converting to for-sale. Land is expensive and construction costs push most developers toward rental math rather than condo math.
3. Single-family teardown-rebuilds and small townhome infill. This is where most of the actual building permits in Hollywood are being pulled. A 1950s or 1960s home comes down, a new one goes up on the same lot, in neighborhoods like Hollywood Lakes, Hollywood Hills, and Emerald Hills.

If you want the full picture of how Hollywood fits into the broader relocation decision, start with the complete relocation guide to Hollywood, Florida. This piece is the zoomed-in version, focused specifically on what is being built and what it costs.

Why Hollywood Builds Differently Than the Rest of Broward

Drive west into Broward and you will see the pattern that defines new construction in most of South Florida: vacant land, a builder buys a few hundred acres, and a master-planned community goes up with a clubhouse, a gate, and a CDD bond attached to the tax bill. That is not Hollywood.

Hollywood sits on the coast, fully platted for close to a century. There is almost no raw land left. What exists instead is a patchwork of aging single-family homes on generous lots (many from the 1950s and 1960s), old strip commercial along Federal Highway and Hollywood Boulevard, and a handful of underused parcels near downtown and the Intracoastal. Builders working in Hollywood are not assembling 300-acre communities. They are buying one lot at a time, tearing down, and rebuilding, or they are fighting through years of zoning and density approvals to put up a single mixed-use building.

This matters for buyers because it changes what “new construction” even means here. You are not comparing floor plans across a dozen builders in one community the way you might in Parkland or Weston. You are comparing individual projects, each with its own builder, price point, and timeline. For the market-wide pricing picture that surrounds all of this, see the Hollywood, Florida real estate market update for 2026.

Oceanfront and Broadwalk Condos: The Priciest New Construction in Hollywood

Hollywood Beach and the Broadwalk are the most visible face of the city, and they are where the highest price points show up. But the pace of genuinely new construction here has slowed compared to a decade ago.

The most recent true ground-up deliveries on the beach were Hyde Beach House Hollywood and Costa Hollywood Beach Resort, both condo-hotel style buildings that came online around 2019 and 2020. These set the template a lot of buyers still reference: resort-style buildings with rental flexibility, on-site management, and pricing that started in the high $400,000s for studios at delivery and has moved up considerably since as resales and remaining inventory have appreciated.

Since then, new oceanfront ground-up towers have been rare. Land along A1A is scarce, construction costs have climbed, and after the Surfside collapse in 2021, financing and insurance underwriting for new coastal condo product got significantly more conservative. What you see today is more renovation and repositioning of older buildings, plus a handful of boutique projects (typically under 50 units) rather than another 30-story tower.

What Oceanfront New Construction Costs Today

• Smaller one-bedroom units in newer or recently repositioned buildings: roughly $700,000 to $950,000
• Two-bedroom units with ocean or direct Intracoastal views: $1,100,000 to $2,000,000
• Larger or penthouse-level units in premium buildings: $2,500,000 to $4,000,000 plus

Expect HOA dues on these buildings to run high, often $1,200 to $2,000 or more per month, driven by insurance costs, reserve requirements, and the amenity packages that justify the price point in the first place. For a broader look at coastal and canal living in the city, including how new construction compares to older waterfront stock, see waterfront living in Hollywood, Florida.

Downtown Hollywood and Young Circle: The Mixed-Use Push

Downtown Hollywood, centered on Young Circle and Harrison Street, has been the city’s main redevelopment focus for the past decade. Hollywood Circle, the mixed-use tower with apartments over retail near Young Circle, is the clearest example of what gets built downtown: rental product with ground-floor commercial space, walkable to restaurants, ArtsPark, and the Hollywood Boulevard corridor.

Most new construction downtown right now leans rental rather than for-sale. The math explains why: land in this corridor is expensive relative to what it was ten years ago, construction costs per square foot have climbed steadily since 2020, and rental income lets a developer capture value over time rather than betting on a for-sale condo market that has to absorb a large number of units at once. When for-sale product does appear downtown, it tends to be smaller boutique buildings, often 20 to 40 units, priced in the $500 to $700 per square foot range depending on finishes and floor.

What This Means If You Want to Live Downtown

If your priority is walkability, being close to restaurants and ArtsPark events, and a shorter commute to Fort Lauderdale or Aventura, downtown Hollywood new construction can work, but you should expect condo or rental pricing rather than single-family space. If you want more square footage for the money, you will likely end up looking west or into the residential neighborhoods covered below. For a full breakdown of how the different pockets of the city compare, read Hollywood, Florida neighborhoods: where to live based on what you want.

The Marina Lofts Story: What Stalled Development Teaches You About Hollywood

No conversation about new construction in Hollywood is complete without Marina Lofts. This twin-tower luxury condo project, proposed for a site on the Intracoastal near downtown, has been in some form of planning or approval process since the mid-2000s. It has been redesigned multiple times, fought over at the city commission level repeatedly, and as of 2026 still has not delivered.

The lesson for buyers is not about this one project specifically. It is about how development actually moves in Hollywood. Waterfront and downtown density proposals here face real resistance: view corridor concerns from existing residents, traffic impact on already-congested corridors like Federal Highway and A1A, and city commissions that have changed hands and priorities multiple times over a fifteen-year span. If you see a rendering for a major new Hollywood project online, treat the delivery date as aspirational until dirt is actually moving and vertical construction is visible. Smaller infill projects (a rebuilt single-family home, a 20-unit townhome development) move far faster than anything requiring major rezoning near the water.

Single-Family Teardown-Rebuilds: Hollywood Lakes, Hollywood Hills, and Emerald Hills

This is where the real volume of new construction activity in Hollywood actually happens, and it is the segment most buyers underestimate.

Hollywood Lakes

East of US-1 and close to the Intracoastal and the Broadwalk, Hollywood Lakes is Hollywood’s premier single-family neighborhood, with wide canals, mature landscaping, and lots that often still hold homes built in the 1950s and 1960s. Builders and buyers have been actively tearing down these older homes and replacing them with modern construction. Expect:

• Vacant or teardown lots: roughly $500,000 to $900,000 depending on water access and lot size
• New single-family homes: $1,800,000 to $3,000,000 or more, especially on wide or deep-water canal lots

Buyers here are typically trading up from elsewhere in Broward or relocating from out of state and want new construction quality with an established, walkable neighborhood feel rather than a new subdivision.

Hollywood Hills

West of I-95, roughly along the Sheridan Street and Stirling Road corridor, Hollywood Hills is a more attainable version of the teardown-rebuild story. Lots are smaller and further from the water, and rebuilt or newly constructed homes here typically run $800,000 to $1,300,000. This is a good target for buyers who want new construction quality without oceanfront or Intracoastal pricing.

Emerald Hills

Built around a golf course in western Hollywood near I-95 and Sheridan Street, Emerald Hills has quarter-acre-plus lots that are attractive to custom builders. New builds here run roughly $1,000,000 to $1,800,000, with buyers drawn to the larger lot sizes, mature tree canopy, and proximity to the golf course itself.

For buyers weighing a rebuild against buying existing new construction elsewhere in the city, this is also a good moment to zoom back out to the complete Hollywood, Florida relocation guide, which covers how these neighborhoods stack up against the rest of the city on schools, commute, and lifestyle.

New Townhomes in Hollywood: Where They Are Being Built and What They Cost

Townhome infill is the other consistent category of new construction in the city, and it is the most accessible price point for buyers who want something brand new without the teardown-rebuild budget.

Small townhome projects have been going up on infill parcels in West Hollywood near Pembroke Road and 56th Avenue, in pockets of the Liberia neighborhood, and along the Boulevard Heights border with unincorporated Broward. These are typically small developments, often under 30 units, built by regional builders rather than national production builders, because there is no large tract of land to justify a bigger operation.

What New Townhomes Cost

• 3 bedroom, 2.5 bath new townhomes: roughly $450,000 to $650,000
• HOA dues: typically $250 to $450 per month, covering exterior maintenance, roof, and common area landscaping, not the resort-style amenity packages you would see in a western Broward community

This is the segment worth comparing closely against resale if you are a first-time buyer looking at Hollywood, Florida, since new townhome pricing here often lands close to what an updated resale single-family home costs in the same part of the city, with the tradeoff being lot size versus warranty and modern systems.

HOA Fees, CDDs, and the Post-Surfside Insurance Reality

Two cost factors matter more in Hollywood new construction than the sticker price of the home itself.

CDDs Are Rare Here

Community Development Districts, the bond-backed assessments that fund roads, drainage, and amenities in newer master-planned communities across western Broward and parts of Miami-Dade, are essentially absent in Hollywood. The city’s infrastructure was built out decades ago, so there is no vacant-land community requiring that financing structure. If a listing in Hollywood shows a CDD fee, treat that as unusual and confirm exactly what it covers before you write an offer.

HOA and Condo Fees Are the Real Number to Watch

Since the Surfside collapse in 2021, Florida’s 40-year and 50-year recertification requirements and stricter reserve funding rules have pushed HOA and condo association fees up significantly, especially in coastal buildings. On new or recently delivered condo towers in Hollywood, budget $800 to $2,000 per month depending on the building’s amenities and insurance exposure. Townhome HOAs are far lighter, typically $150 to $450 per month. Single-family teardown-rebuilds in neighborhoods like Hollywood Lakes and Emerald Hills often have no HOA at all, or a very light voluntary association.

This is also part of why new construction condo product in Hollywood has been slower to break ground than it was pre-2021. Insurance and reserve math now gets scrutinized far more closely by lenders and buyers alike, and developers underwriting new towers have to account for it from day one.

Who Should Actually Buy New Construction in Hollywood

New construction in Hollywood makes sense for a specific set of buyers, and it is worth being direct about who it does not fit as well.

It makes sense if you want a walkable, established coastal neighborhood rather than a new subdivision, you are comfortable with a teardown-rebuild timeline (typically 12 to 18 months from permit to certificate of occupancy for a custom home), and you value being minutes from the Broadwalk, downtown, and Fort Lauderdale-Hollywood International Airport over the amenity-package lifestyle of western Broward.

It makes less sense if your top priority is a large new subdivision with a clubhouse, resort pool, and a wide selection of floor plans from one builder. That product largely does not exist inside Hollywood city limits. For that experience, you are generally looking further west or into other parts of Broward and Palm Beach County.

Families should also weigh school zoning carefully alongside any new construction decision. Depending on the neighborhood, Hollywood zones into schools including Hollywood Hills High, South Broward High, McArthur High, Attucks Middle, and Olsen Middle, and the right elementary and middle school zone can matter as much as the home itself. The full breakdown is in Hollywood, Florida schools: what parents need to know.

If you are buying with rental income in mind, whether that is a beachfront condo or a townhome in West Hollywood, run the numbers against actual local rent comps before assuming new construction pencils out. Hollywood, Florida investment property: rental market and returns in 2026 covers what these price points actually return in practice.

Bottom Line

New construction in Hollywood, Florida is not about picking a floor plan out of a builder catalog. It is about understanding which of three lanes you are in: a boutique oceanfront condo priced from the high $600,000s into the millions, a downtown mixed-use unit built around rental economics, or a ground-up single-family rebuild or small townhome project priced anywhere from $450,000 to $3,000,000 depending on the neighborhood. Each lane has a different builder, timeline, and cost structure, and treating them as one market is how buyers end up disappointed.

If you are relocating to Hollywood and trying to figure out whether new construction is the right move for your situation, or which neighborhood actually fits your budget and lifestyle, send me your details, family size, budget, and whether you work remote or commute into Fort Lauderdale or Miami, and I will tell you straight whether a teardown-rebuild, a new townhome, or an existing resale home is the smarter play. Make a wise decision, not a rushed one.