Diplomat Oceanfront Residences Homes for Sale

Diplomat Oceanfront Residences is a luxury waterfront, luxury community in Hollywood, Broward County, Florida. Properties are priced from $1,400,000 to $3,300,000. Pure Equity lists homes in Diplomat Oceanfront Residences and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Pure Equity Realty covers Diplomat Oceanfront Residences and the Hollywood area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows a single listing for Diplomat Oceanfront Residences Hollywood homes for sale as of October 2026. The median asking price is $3.0M.

That is 502% above the Hollywood median of $498,000. On a per-foot basis, homes here ask about $1,080 per square foot, compared with $403 across Hollywood. So the median price buys roughly 2,800 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 202 days on the market. That is slower than the Hollywood average of 165 days. Because of that, buyers often have more room to negotiate on price, repairs or closing costs.

Homes listed in Diplomat Oceanfront Residences date from 2006, so they are about 20 years old.

Every one of these homes went up after Florida adopted its statewide building code in 2002. In practice, that usually means impact-rated openings and stronger roof attachment. A wind mitigation inspection documents those features, and Florida insurers must offer premium discounts for them.

Diplomat Oceanfront Residences includes waterfront homes. Waterfront lots in South Florida often sit in FEMA special flood hazard areas, where lenders require flood insurance. Before you commit, look up the address on the FEMA Flood Map Service Center and ask the seller for an elevation certificate.

Diplomat Oceanfront Residences is a condo building. Also request the association budget, recent minutes and any special assessments before you sign.

At a median near $3.0M, Diplomat Oceanfront Residences sits in the luxury tier of Hollywood. Jumbo financing and proof of funds usually come up early in these negotiations.

Here is what the median Diplomat Oceanfront Residences price means in Florida closing terms. At $3.0M, a 20% down payment comes to about $600,000, leaving a loan near $2.4M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $8,400. Next, the intangible tax of 0.2% adds about $4,800. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Diplomat Oceanfront Residences median, that is about $21,000.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.