Sales of Hyde Beach Hollywood have begun, the beachfront resort will feature 407 luxurious residences and about 10% of the resort building will be residential condos, 40 residential condos to be exact, the rest of the 387 residences will be a condo-hotel system where you can rent out your residences 365 times per year with a maximum contract of 150 days, meaning each rental agreement will be allowed to be rented from a minimum of 1 day to a maximum of 150 days per each rental contract. Below is a building map showing the location of each unit model within the building.
To reserve a unit Hyde Beach Hollywood all you need is a 10% deposit of the purchase price now, the actual contracts will not be ready till February of 2014 at which time you will be contacted by the developer to sign the contract and deposit another 10% in escrow. Below is the schedule of payments for Hyde Beach Hollywood over the next 2 years.
• 10% reservation (4th quarter – 2013)
• 10% contract (1st quarter – 2014)
• 20% Groundbreaking (2nd quarter – 2014)
• 10% Top off (3rd quarter – 2015)
• 50% closing (2nd quarter – 2016)