Ocean Palms Condos For Sale & Rent

Ocean Palms Hollywood Fl Condo Overview

Ocean Palms Hollywood Fl is a Hollywood beach condo building at 3101 Ocean Dr in Hollywood. Built in 2006, the property has 39 stories and 240 residences. Buyers usually compare beach access, resort services, rental rules, parking, view quality, and value versus Miami Beach and Sunny Isles.

Ocean Palms Hollywood Fl Condos for Sale

Ocean Palms Hollywood Fl condos for sale should be compared by ocean, Intracoastal, or city exposure, floor height, line, rental flexibility, resort services, parking, and monthly fees. Buyers should review recent comparable sales, view quality, interior condition, parking, monthly fees, building rules, reserves, and insurance considerations before deciding how a listing is positioned.

Ocean Palms Hollywood Fl Rentals and Rental Policy

Rental policy currently shows a long-term rental setup, a 6-month minimum rental term and up to 2 rentals per year. Buyers should verify association rules, approval timing, lease fees, taxes, city requirements, and current restrictions before relying on projected income.

Amenities and Building Details

The building was designed by Fullerton-Diaz Architects and developed by Avatar Holdings and The Plaza Group. Buyers should review amenities, parking, security, reserves, insurance considerations, association rules, and monthly fees with the specific residence. The heated swimming pool, surrounded by lush landscaping, features an elevated deck with panoramic ocean views, offering a serene escape. Fitness enthusiasts can relish the two-story state-of-the-art fitness center, while the rejuvenating spa offers a haven for relaxation. Additional facilities include a secured entrance recreation center, a business center for professional needs, and a variety of recreational spaces like a billiards room, a basketball court, and a well-lighted tennis court. An outdoor whirlpool spa complements the relaxing sauna and massage rooms.

What to Compare Before Buying at Ocean Palms Hollywood Fl

Compare active condos for sale, active rentals, recent sales, beach access, view quality, unit condition, monthly fees, parking, rental rules, pet policy, and Hollywood coastal access. It is also useful to compare Ocean Palms Hollywood Fl with nearby buildings and area pages such as Hollywood Beach, The Residences, and Alexander Towers.

Market Context

Ocean Palms Hollywood Fl has completed-year closed-sale history from 2017 through 2025 in the market statistics, with 93 recorded condo sales, or about 10 sales per year. That gives buyers a useful resale sample, but individual unit differences still need to be adjusted carefully. The busiest year in the series was 2021 with 28 sales, while the quietest was 2023 with 4. Recent completed-year sales volume is below the long-term average. The gap between the busiest and quietest years also shows why buyers should separate building demand from broader market-cycle timing.

The completed-year price-per-square-foot history for Ocean Palms Hollywood Fl ranges from about $414/sqft to $707/sqft, with an average near $552/sqft across the years shown. That range gives buyers room to separate stronger lines and renovated units from more ordinary comparisons. The last completed year in the series is higher than the first, moving from $424/sqft in 2017 to $685/sqft in 2025. The recent completed-year price-per-square-foot average is above the long-term average. Average closed price over the same completed-year period was about $1,252,781, but that number should be read by bedroom count, size, view, and renovation level.

Bedroom-level statistics also help explain value at Ocean Palms Hollywood Fl: 3 Beds and 2 Beds units have the broadest historical comparison set, while 4 Beds+ around $2,724,375 and 3 Beds around $1,321,451 represent the higher average closed-price tiers in the chart data. The segment is useful, but buyers should still check whether the underlying sales were similar in size, view, and condition. Buyers should compare units within the same bedroom count before deciding whether a listing is expensive or well positioned. Ocean Palms Hollywood Fl also has long-term rental positioning with a 6-month minimum lease and up to 2 rentals per year, which should be read together with the long-term sales data. That points to a more traditional ownership profile, so long-term tenant quality, association approvals, and carrying costs matter more than short-stay turnover.