Watergate Condominiums and Yacht Club is an early-1970s complex of four-story buildings on Taft Street in central Hollywood, set along a canal east of I-95 and roughly ten minutes from Hollywood Beach. The association (registered 1971, buildings publicly reported 1973) maintains its own website and an on-site office at 2801 Taft Street. Listing-site data on the complex is inconsistent, with sub-association pages showing small unit counts against the 276 units in the state registry, so buyers should confirm which Watergate association a unit belongs to.
No red flags currently on our file (last updated 2026-07-08) — but our file reflects publicly identified issues, not verified good standing. Your report re-checks all 14 risk categories fresh and tells you exactly what to verify with the association.
Get the full Intelligence Report — $9.99Watergate Condominiums and Yacht Club was built in approximately 1973 and rises 4 floors with 276 units.
Florida condominiums of this age are subject to milestone inspection and structural reserve requirements. Our Intelligence Report covers what official city and county records show for this building, and what remains for a buyer to verify with the association.
When you buy into a condo building that's 15 or more years old — anywhere in the US — you should expect by default that an assessment, or several, is in effect or on the way: roof repairs, elevator replacement, repaving, facade work. Buildings age on a schedule, and the bill lands on the owners: often hundreds of dollars a month on top of your mortgage, HOA fee, taxes, and insurance. The unit listing rarely mentions any of it.
In Florida, the stakes for older buildings are higher still. Since the 2021 Surfside tragedy, state law requires milestone structural inspections at 30 years (25 in some coastal areas), Structural Integrity Reserve Studies, and — critically — bars associations from waiving reserve funding for structural components, ending decades of artificially low fees. Add the state's insurance surge, and many older buildings carry obligations that never appear in a listing. None of this makes an older building a bad purchase — but the difference between a well-run 1970s tower and a struggling one can be tens of thousands of dollars per unit. That's the question our building intelligence answers.
Nearby in Hollywood: Sheridan Lakes · Aquarius · Quadomain · Grandview at Emerald Hills · The Hallmark of Hollywood · All Hollywood condos