How many luxury homes and condos from $1M in Hollywood have had a price cut?

4 luxury homes and condos from $1M in Hollywood on the MLS have an asking price below their original list price as of November 1, 2026. 4 were cut in the last seven days. The list updates through the day as the MLS changes.

What counts as a luxury home in Hollywood on this page?

A home or condominium for sale in Hollywood from $1 million whose current asking price is below its original list price. The threshold is the one the Hollywood luxury pages already use for this market, so the count here can differ from the city's share of the South Florida hub, which starts at $1.5 million.

Can I tour a Hollywood luxury home that just had a price cut?

Yes. Showings on luxury homes are usually by appointment with proof of funds or a lender letter, and a reduction often brings new showing requests, so ask early. A BreakThru Realty agent books the showing and sends the recent Hollywood sales before you walk through.

How do I know whether a reduced price in Hollywood is a fair price?

Compare it with what similar homes in Hollywood closed for in the last six months, adjusted for the water, the lot, the condition and the view, and read the listing's own price history. A reduction that brings the home in line with those sales is a fair price. One that still sits above them leaves room to negotiate. A broker pulls the sales and reads them with you before you offer.

Hollywood Luxury Homes With Price Reductions

Your Next Luxury Home in Hollywood. A New Price. A New Opportunity.

Luxury in Hollywood means oceanfront and beach area homes, ocean access and deep water dockage, canal front homes, gated communities and golf and club communities, in neighborhoods such as Hollywood Beach, Hollywood Lakes, Emerald Hills, Hollywood Hills, Hollywood Little Ranches and Orangebrook. This page starts at $1 million, the threshold the Hollywood luxury pages already use, and lists every home and condo from there whose asking price is below its original list price, with the previous price, the cut and the date it changed.

A luxury home with a reduced asking price in Hollywood

Explore Reduced Luxury Homes · Get My Private Buying Strategy

4 luxury homes and condos from $1M in Hollywood have an asking price below the original list price as of November 1, 2026.

BreakThru Realty · Founder and Broker of Record: Tyson E. Sam, Florida License 3565210

Hollywood Luxury Price Drops: the Numbers

As of November 1, 2026. Homes and condos for sale in Hollywood from $1 million whose asking price is below the original list price. BeachesMLS listings (IDX). Asking prices, not closed sales.

Luxury listings with a reduced price: 4
Median price reduction: —
Reduced in the past seven days: 4
Median asking price: —
Reduced in the past 30 days: 4

By Property Type

Condominium: 2
Townhouse: 1
Single Family Residence: 1

A median of fewer than 5 listings is shown as —. A cut larger than half the original price is left out as a data entry error. A home entered twice in the MLS appears once.

The Largest Reductions Right Now

3101 S Ocean Drive 2708, Hollywood: was $3,250,000, now $3,049,000, a cut of $201,000 (6.2%) on Oct 28, 2026
348 Elm Street B-10, Hollywood: was $1,850,000, now $1,695,000, a cut of $155,000 (8.4%) on Oct 28, 2026
1201 S Ocean Drive 802S, Hollywood: was $1,100,000, now $1,049,000, a cut of $51,000 (4.6%) on Oct 29, 2026
1119 Buchanan Street, Hollywood: was $1,199,000, now $1,160,000, a cut of $39,000 (3.3%) on Oct 28, 2026

Newest Price Reductions in Hollywood

Each card shows the current asking price, the previous asking price, the reduction in dollars and percent and the date the price changed, from the MLS record. Sort and filter the list by location, price, property type, bedrooms, waterfront, reduction and date on this page.

See Them on the Map

Waterfront Estates and Homes in Hollywood

2 listings.

Luxury Condominiums in Hollywood

2 listings.

Reduced in the Past Seven Days in Hollywood

4 listings.

The Largest Percentage Reductions in Hollywood

4 listings.

What Luxury Buyers Weigh in Hollywood

Oceanfront condominiums carry the milestone inspection, the reserve study and any special assessment; the documents belong beside the price.
Dockage, water depth and bridge clearance to the inlet decide which sales a waterfront home competes with.
Seawalls and docks are costly to replace; ask for their age and condition before you price an offer.

This page starts at $1 million, the threshold the Hollywood luxury pages already use.

A Lower Asking Price Is Only the Beginning

The right purchase starts with understanding what a property is worth today. BreakThru Realty evaluates the comparable sales, the pricing history, the condition of the property and the competing listings, so you approach each opportunity with information, confidence and a clear negotiation strategy. A reduction that brings a home in line with the sales around it is a fair price. A reduction on a home that started far above them may still leave room to negotiate. The figures tell you which, and we read them with you.

Find the Right Home. Understand the Real Opportunity.

Beyond the asking price, a luxury home carries questions the listing does not answer: the seawall and the dock, the roof and the windows, the condominium reserves and any special assessment, the flood zone and the insurance quote, the club membership and what it costs to transfer. A BreakThru Realty broker works through them before you offer, compares the home with the closed sales it competes with and recommends a price and terms. You decide with the whole picture, not the headline number.

How to Read a Price Reduction

Measure the cut against the sales, not the first ask: A $200,000 reduction on a home that started $500,000 above its neighbors is still a high price. Before you treat a cut as a discount, compare the new price with the closed sales nearest the home. We pull them for you.
Count the days on market: A cut after two weeks is a correction. A cut after six months says the market has had a long look at the first price. Neither tells you how the seller will respond to an offer; the recent sales and the condition of the home do.
Read the price history: A second reduction tells you the first price did not meet the market and the second one is being tested now. It does not tell you why. Ask for the full history before you decide how much of the gap to test.
Ask what changed: Some cuts follow an inspection finding, a contract that fell through or a new listing nearby at a lower price. The listing broker can usually say, and the answer shapes your offer and your contingencies.

Get Luxury Price Drop Alerts for Hollywood

Choose a place and a budget. We email you each luxury home whose asking price is reduced, straight from the MLS, with the previous price and the new one. Sign up on this page, or call or text (786) 914-1017 and we set it up for you.

Request a Private Luxury Property Review

Tell a licensed BreakThru Realty broker which home interests you. We pull the closed sales it competes with, its full price history and its days on market, then recommend an offer price and terms. Nothing reaches the listing broker until you decide to offer. Call or text (786) 914-1017 or email sales@breakthrurealty.com.

What happens next: a broker replies within one business day with the sales comparison and the negotiation considerations, and books a private showing at a time that suits you.

Considering Selling Your Luxury Home?

Before reducing your asking price, understand what qualified buyers are looking for today. BreakThru Realty works with buyers actively searching for luxury homes across South Florida, and your property might already match what someone working with our brokerage has asked us to find. A broker checks it against those requirements and tells you what the records show, then builds the pricing and marketing plan around your objectives.

Connect with our PreApproved Buyers

Hollywood Luxury Price Drops: Questions

How many luxury homes and condos from $1M in Hollywood have had a price cut?: 4 luxury homes and condos from $1M in Hollywood on the MLS have an asking price below their original list price as of November 1, 2026. 4 were cut in the last seven days. The list updates through the day as the MLS changes.
What counts as a luxury home in Hollywood on this page?: A home or condominium for sale in Hollywood from $1 million whose current asking price is below its original list price. The threshold is the one the Hollywood luxury pages already use for this market, so the count here can differ from the city's share of the South Florida hub, which starts at $1.5 million.
Can I tour a Hollywood luxury home that just had a price cut?: Yes. Showings on luxury homes are usually by appointment with proof of funds or a lender letter, and a reduction often brings new showing requests, so ask early. A BreakThru Realty agent books the showing and sends the recent Hollywood sales before you walk through.
To request a tour, call (786) 914-1017 or email sales@breakthrurealty.com.
How do I know whether a reduced price in Hollywood is a fair price?: Compare it with what similar homes in Hollywood closed for in the last six months, adjusted for the water, the lot, the condition and the view, and read the listing's own price history. A reduction that brings the home in line with those sales is a fair price. One that still sits above them leaves room to negotiate. A broker pulls the sales and reads them with you before you offer.