New homes & pre-construction in Hollywood

Buying pre-construction in Hollywood generally starts with registering your interest, which can put you in line for first access when units are released. Once you select a unit, you sign a purchase agreement and pay deposits in stages tied to construction milestones rather than paying the full price at signing. The final balance is due at closing, when the building is complete and the unit is ready to transfer.

For new condominiums in Florida, buyers have a 15-day rescission period under FS 718.503, meaning you can cancel the contract within 15 days of signing (or of receiving the required condo documents, whichever is later). This protection applies to condos specifically — which covers the large majority of Hollywood's current inventory. Read the condo documents carefully during that window before your right to rescind expires.

Pre-construction condos work differently from resale purchases. Rather than paying the full price up front, a buyer typically commits with staged deposits over the construction timeline, which lets them control a specific unit while the building is completed. That structure is the core reason investors look at pre-construction, but the outcome depends on factors that are specific to each project and market.

Before buying in Hollywood, evaluate the things that actually drive a condo's performance: how much new supply is coming online and how quickly units are absorbed, local rental demand and any building or association rules on leasing, the deposit schedule and what it obligates you to, projected maintenance and association fees, and the builder's track record on delivery. With 7 condo projects active and prices ranging from $375,000 to $4,000,000, positioning varies widely, so compare each project on its own terms rather than assuming they behave the same.