# Hyde Beach Resort & Residences: resale prices, rental rules

> Source: https://bluebaybrokers.com/buildings/hyde-beach-hallandale
> Publisher: BlueBay Brokers LLC, 1541 Brickell Ave #1201, Miami FL 33129 (Florida broker BK3411036)
> Figures read on: 2026-10-31
> Plain-text copy of the page above for AI assistants and readers. Quote with attribution to BlueBay Brokers; each figure carries its own source and read date. Nothing here certifies that a short-term rental is legal at any address.

## The bet

Hyde Beach is a 41-storey oceanfront condo-hotel at the Hollywood-Hallandale line, 407 units delivered by Related in 2017, and the number that decides it is the gap between $747 and $690 a foot: what its one-bedrooms ask today against what they closed at in the last twelve months. The building has held near $720 a foot since 2022, and the rental program is the reason to own one.

## Absorption and timing

How many homes close each year in this building's price band and postcode, against how many it is about to deliver. No brochure answers this, and it governs both the resale and the developer's willingness to discount.

Units delivering 407 all at once, to the same buyer pool

Closings per year 306 trailing 12 months, 33019, same band

Years of supply 1.3 this building alone

Band closes at $465/sf median of real closings, not asks

| Band, 33019 | Closed / 12 mo | Median price | Median $/sf |
|---|---|---|---|
| $500K – $800K | 158 | $647,000 | $465 |
| $800K – $1.3M | 88 | $1,000,000 | $519 |
| $1.3M – $3M | 60 | $1,725,000 | $664 |

**Fifty-one sellers, thirty-one buyers a year**

51 of the 407 units are for sale, one in eight, and 31 closed on the MLS in the last twelve months: about 20 months of the building's own inventory at its own pace. Outside, 33019 closed 306 homes between $500,000 and $3 million, so the whole tower is 1.3 years of that flow, and the postcode holds 13.7 months of supply. Most of that is older stock trading at $465 to $664 a foot, which is not Hyde's competition; the competition is the 50 other listings in the same lobby. It is a buyer's market.

## The market it lands in

Everything for sale in 33019 today against everything that actually sold there this past year. This is the pool your resale competes in.

Active inventory 641 homes listed across 33019

Sold, trailing year 560 recorded closings, every price

Months of supply 13.7 under 6 favours sellers, over 12 favours buyers

Asking vs sold $527/sf asked, against $442/sf actually paid

How to read the gap

Asking is an opinion, sold is a fact, and months of supply is your leverage. Do not compare this building to the postcode median, which mixes in stock built decades ago: the comparison that counts is the band below.

## What recent deliveries resell for

The only read-across that means anything here: condominiums in 33019 built from 2023 onward, people who bought new and took delivery, and what their units resell for now.

New stock resells at —/sf no new condominium has resold here

Movement since — across recently delivered buildings

This building asks $870/sf entry residences

Entry vs new stock — nothing delivered here to compare against

No new condominium has delivered here

Not a thin market, an empty one: 33019 has no condominium built from 2023 onward that has since resold. There is no delivered comparable in this postcode, so the resale value of a new condominium here is genuinely unmeasured rather than measured and reassuring. Weigh the basis and the absorption below accordingly, and read the exit as slow until this table has rows in it.

## The basis

What it asks per foot against what its band actually closes at. Comparing one preconstruction ask to another tells you nothing: both are price lists.

Asking

$870–$915/sf

Resales $568,000 to $2.65M on the MLS today · 653 – 2,897 sf · 31 closings in the last twelve months

Band closes at $465/sf $500K – $800K, trailing 12 months

Listed here today 51 median $786/sf

**Where it trades, plan by plan**

One-bedrooms, about 850 sf, ask a median $625,000, $747 a foot; the nine that closed in the last year cleared $525,000 to $600,000, a median $690. Two-bedrooms ask $911,950, $787 a foot, against 21 closings at a median $815,000 and $723. The building's closed median went from $600 a foot in 2021 to $720 in 2022 and has held between $690 and $733 since: four flat years, not a falling market. Asks sit about 8 percent over closings, and that is the negotiation. Per-foot figures use MLS area.

## On the MLS today

51 listings at this address are Active right now, pulled 2026-10-31, of which the 30 cheapest are shown. Leases are excluded: a monthly rent sitting in the price column wrecks any comparison. This is what a buyer can actually transact on today, as opposed to what a price list says.

| Unit | Bd/Ba | Interior | Asking | $/sf | HOA / mo | Days |
|---|---|---|---|---|---|---|
| [1210](https://bluebaybrokers.com/listing?mls=A12074447) | 1/1 | 850 sf | $568,000 | $668 | $1,179 | 1 |
| [2910](https://bluebaybrokers.com/listing?mls=A11881852) | 1/1 | 850 sf | $576,000 | $678 | $1,179 | 350 |
| [2010](https://bluebaybrokers.com/listing?mls=A12080172) | 1/1 | 850 sf | $585,000 | $688 | $1,180 | 25 |
| [1910](https://bluebaybrokers.com/listing?mls=A11932996) | 1/1 | 850 sf | $585,000 | $688 | $1,179 | 314 |
| [304](https://bluebaybrokers.com/listing?mls=A11848964) | 1/1 | 653 sf | $595,000 | $911 | $1,120 | 312 |
| [305](https://bluebaybrokers.com/listing?mls=A12099228) | 1/1 | 701 sf | $599,999 | $856 | $954 | 0 |
| [1509](https://bluebaybrokers.com/listing?mls=A12054503) | 1/1 | 841 sf | $600,000 | $713 | $1,175 | 0 |
| [3412](https://bluebaybrokers.com/listing?mls=A12074799) | 1/1 | 869 sf | $615,000 | $708 | $1,196 | 12 |
| [1212](https://bluebaybrokers.com/listing?mls=A11901825) | 1/1 | 869 sf | $618,000 | $711 | — | 329 |
| [2407](https://bluebaybrokers.com/listing?mls=A12107483) | 1/1 | 852 sf | $619,000 | $727 | $1,124 | 1 |
| [1507](https://bluebaybrokers.com/listing?mls=A12098127) | 1/1 | 852 sf | $620,000 | $728 | $1,200 | 25 |
| [1512](https://bluebaybrokers.com/listing?mls=A11682576) | 1/1 | 869 sf | $625,000 | $719 | $1,191 | 717 |
| [502](https://bluebaybrokers.com/listing?mls=A11909960) | 1/1 | 802 sf | $630,000 | $786 | $1,096 | 208 |
| [1107](https://bluebaybrokers.com/listing?mls=A11991599) | 1/1 | 852 sf | $630,000 | $739 | $1,193 | 171 |
| [3112](https://bluebaybrokers.com/listing?mls=A12068843) | 1/1 | 869 sf | $649,000 | $747 | $1,191 | 1 |
| [2207](https://bluebaybrokers.com/listing?mls=A12003551) | 1/1 | 852 sf | $650,000 | $763 | $1,192 | 195 |
| [2307](https://bluebaybrokers.com/listing?mls=A11436191) | 1/1 | 852 sf | $670,000 | $786 | $965 | 1150 |
| [3007](https://bluebaybrokers.com/listing?mls=A11672623) | 1/1 | 852 sf | $685,000 | $804 | $999 | 714 |
| [3209](https://bluebaybrokers.com/listing?mls=A11986585) | 1/1 | 841 sf | $690,000 | $820 | $1,242 | 223 |
| [603](https://bluebaybrokers.com/listing?mls=A11965082) | 1/1 | 759 sf | $699,000 | $921 | $1,029 | 113 |
| [3610](https://bluebaybrokers.com/listing?mls=A12058641) | 1/1 | 850 sf | $699,000 | $822 | $1,180 | 5 |
| [2712](https://bluebaybrokers.com/listing?mls=A11682579) | 1/1 | 869 sf | $726,000 | $835 | $1,191 | 717 |
| [3312](https://bluebaybrokers.com/listing?mls=A11682589) | 1/1 | 869 sf | $770,000 | $886 | $1,191 | 717 |
| [3011](https://bluebaybrokers.com/listing?mls=B26006175) | 2/2 | 1,087 sf | $799,000 | $735 | $1,599 | 192 |
| [2111](https://bluebaybrokers.com/listing?mls=A11557862) | 2/2 | 1,087 sf | $845,000 | $777 | $1,527 | 801 |
| [3108](https://bluebaybrokers.com/listing?mls=A11674627) | 2/2 | 1,179 sf | $849,000 | $720 | $1,603 | 718 |
| [1506](https://bluebaybrokers.com/listing?mls=A11921978) | 2/2 | 1,129 sf | $849,999 | $753 | $1,658 | 192 |
| [1204](https://bluebaybrokers.com/listing?mls=A12043305) | 2/2 | 1,126 sf | $850,000 | $755 | $1,542 | 1 |
| [2904](https://bluebaybrokers.com/listing?mls=A11736890) | 2/2 | 1,126 sf | $850,000 | $755 | $1,675 | 573 |
| [3308](https://bluebaybrokers.com/listing?mls=A11447218) | 2/2 | 1,179 sf | $859,000 | $729 | $1,599 | 1095 |

How to read this table

On new construction the MLS area is routinely the total rather than the interior, and it runs larger than the County's recorded figure, by 10 to 30 percent on the units already tested in this pipeline. Treat the $/sf column as the seller's own arithmetic and re-divide by the recorded area before comparing it with anything delivered.

## Photographs

The 24 photographs carried on MLS listing A11798447 at this address. On a building still under construction these are the developer's renders and the sales-gallery material, not the finished product.

**Photographs** © SEFMLS, displayed from the MLS under the same licence that permits display of the listing itself. Renders are the developer's own and are subject to change.

## Carry at delivery

What it costs to own before any income, on the smallest residence of 653 sf.

| HOA at $1.37/sf/month | −$10,735 |
|---|---|
| Property tax at 2.02% of $625,000 | −$12,625 |
| Insurance (HO-6), $3.60/sf | −$2,351 |
| Annual carry, before any income | −$25,711 |

**Nothing to carry; read the program and the budget**

Delivered in 2017, so no deposit and no construction risk. Two things decide the return. The rental program: the operator's split and fees, against renting it yourself, which several listings say owners may do. The association: about $1.37 a foot a month on current listings, roughly $1,170 a month on a one-bedroom, before the hotel's own charges. Long leases are rare here: two two-bedrooms leased at $5,000 (February 2024) and $5,750 (August 2025). Get the program contract and two years of owner statements before an offer.

## How it was built and sold

| Construction financing | Delivered in 2017; construction financing is behind it. The Real Deal described the condo-hotel as sold out in August 2015. |
|---|---|
| Presold | Not disclosed |
| Delivery | Delivered 2017 (Bridge YearBuilt). No construction risk and no deposit left to carry. |
| Developer | The Related Group (Jorge Pérez) with Stephen Ross's Related Companies, which bought the 1.3-acre site in December 2013; launched under SBE's Hyde hotel brand, with sales by Fortune International. |
| Rental policy | Condo-hotel with an on-site rental program; owners may also rent nightly themselves (MLS remarks, read 31 October 2026; broker inventory sheet, read 5 October 2026); recorded declaration language not yet read |

## Recommendation

BlueBay Brokers · Hyde Beach Resort & Residences

### A two-bedroom, at the closing price

A finished oceanfront condo-hotel from Related, with an operator in place and a resale record that has held near $720 a foot for four years. Prices did not run, and they did not break.

With 51 listings and 31 closings a year, the buyer sets the price: offer at the $723 two-bedrooms close at, not the $787 they ask, and underwrite on the operator's statements, never on a market ADR.

## Want the rest of it?

I am Steve Gabison, a Florida broker, licence BK3411036. I wrote this page. New developments are Carolina Peña's desk at BlueBay Brokers, broker, licence BK3288753: she will send you what is behind it, in English or Spanish.

#### The full file

This page is the public read. The file adds the full closing record unit by unit, what resellers are asking against what they paid, the recorded rental language, and a rental underwriting on the specific line you are looking at. No charge.

#### On the purchase

You are buying a resale here, so the seller's side pays the co-broke and representation costs you nothing. I argue from the recorded closing prices above, including what the current owner actually paid and when.

#### Once you own it

Property Management Brickell LLC runs the unit, as it already does across Brickell, and my own host profile carries more than 2,900 reviews at 4.82 as a Superhost. You get the pro forma before you buy.

## Read next

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- [38 West Eleventh, Downtown, Delivering Q1 2028](https://bluebaybrokers.com/buildings/38-west-eleventh)
- [All the new-development studies](https://bluebaybrokers.com/new-developments)
- [Developer price vs resale on six delivered Miami condos](https://bluebaybrokers.com/developer-price-vs-resale-miami)
- [Buying preconstruction in Miami as a foreign buyer](https://bluebaybrokers.com/buy-preconstruction-miami-foreign-buyer)

## Sources

- [The Real Deal, Related buys Hollywood condo-hotel site (Dec 2013)](https://therealdeal.com/miami/2013/12/20/related-buys-hollywood-condo-hotel-site/)
- [South Florida Agent Magazine, Hyde Resort & Residences 75 percent reserved (Mar 2014)](https://southfloridaagentmagazine.com/2014/03/12/hyde-resorts-residences-75-percent-reserved/)
- [The Real Deal, About half of Hollywood condo-hotel is reserved (Aug 2015, first tower sold out: 367 condo-hotel units, 40 residences)](https://therealdeal.com/miami/2015/08/01/about-half-of-hollywood-condo-hotel-is-reserved)

**Method, licence and disclaimers**

**Absorption and closed prices** © 2026 Miami Association of Realtors / SEFMLS via Bridge Data Output, pulled 2026-10-31. Deemed reliable, not guaranteed.

**Developer data.** Unit counts, sizes, pricing and delivery dates are the developer's own and are not verified by BlueBay Brokers LLC, which does not represent the developers named here and receives no compensation from them.

**Not investment advice.** A scenario built from stated assumptions. Deposit carry uses simple interest and ignores tax. The recorded condominium documents govern every legal question raised here. Consult your own tax and legal advisers.

**Rental policy** as published by the developer and routinely amended before closing.