Diplomat Oceanfront Residences-Hollywood, Florida-Condo Review

Dilplomat Building

This newly completed 29 story luxury oceanfront condo in Hollywood has many units on the market with a very wide range of prices. This appears to be quite indicative of other newly completed luxury oceanfront condos in south Florida.

In my previous post we provided statistics on the average cost per square foot for the offering price and for the actual sale price. The Diplomat is averaging $446 and $430 respectively. When we look at the exact inventory of units on the market, there is a tremendous price spread. There is a unit on the market priced out at a high of $614 per square foot for a 4800 sq.ft. penthouse.

On the other end of the scale is a spacious 3 bedroom 2779 square foot unit being offered on the 11th floor for $899,900. That works out to $323 per square foot. Click here to see more information on the 3 bedroom unit.

In between the high and the low are 47 units on the market. Some of the units are decorator ready and some are completely finished out.

As we have written before, there are tremendous buying opportunities right now. The Diplomat Oceanfront Residence is an oceanfront luxury residence with numerous amenities. The inventory on the market would offer a buyer many to choose from. Additionally, there are investors who bought in looking to liquidate their investments. This again all points to great advantages for buyers.

The Diplomat Oceanfront Residence, offers a wide array of amenities including a lushly landscaped arrival court, and elevated pool deck and spa, six high speed private elevators, a state of the art fitness center and surround-sound owenr’s theatre as well as 24 hour controlled access and concierge services.

Condominium owners at The Diplomat Oceanfront Residence, will have access to select services from the Westin Diplomat Resort & Spa as well as complimentary shuttle service to and from the Diplomat Country Club where you can enjoy an 18 hole par 72 championship golf course, an outdoor pool and a fully equipped fitness center. including access to a 30,000 square foot European spa.and tennis.

For those New Yorkers, the dinner only steakhouse has its own butcher shop featuring the same trademark meats provided to the renowned Peter Luger Steakhouse.

Diplomat Oceanfront Residence Pool