The Residences Condos For Sale & Rent

The Residences Hollywood Condo Overview

The Residences Hollywood is a Hollywood beach condo building at 3000 Ocean Dr in Hollywood. Built in 2005, the property has 16 stories and 534 residences. Buyers usually compare beach access, resort services, rental rules, parking, view quality, and value versus Miami Beach and Sunny Isles.

The Residences Hollywood Condos for Sale

The Residences Hollywood 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.

The Residences Hollywood 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 developed by Related Group. The building is pet-friendly. Buyers should review amenities, parking, security, reserves, insurance considerations, association rules, and monthly fees with the specific residence. Residents can enjoy the tranquility of oceanside heated swimming pools, complete with private cabanas, and a beachside Tiki bar for leisurely days. An on-site restaurant provides a convenient dining option, while fitness enthusiasts will appreciate the fully-equipped state-of-the-art fitness center. For outdoor enjoyment, there's a barbecue grilling station and picnic area. The property also features a business center with conference space, a sauna, a spa/hot tub, a clubroom, and a billiards room, creating a well-rounded lifestyle experience.

What to Compare Before Buying at The Residences Hollywood

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 The Residences Hollywood with nearby buildings and area pages such as Hollywood Beach and Ocean Palms.

Market Context

The Residences Hollywood has completed-year closed-sale history from 2017 through 2025 in the market statistics, with 173 recorded condo sales, or about 19 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 2022 with 50 sales, while the quietest was 2017 with 6. Recent completed-year sales volume is above 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 The Residences Hollywood ranges from about $225/sqft to $398/sqft, with an average near $307/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 $225/sqft in 2017 to $367/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 $308,979, but that number should be read by bedroom count, size, view, and renovation level.

Bedroom-level statistics also help explain value at The Residences Hollywood: 1 Bed and 2 Beds units have the broadest historical comparison set, while 3 Beds around $1,200,000 and 2 Beds around $399,861 represent the higher average closed-price tiers in the chart data. Because the higher-tier segment has limited observations, it should be treated as directional rather than a standalone pricing rule. Buyers should compare units within the same bedroom count before deciding whether a listing is expensive or well positioned. The Residences Hollywood 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.